Define purchasing power parity

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Global Business - Please help me answer and understand below questions:

1. Define Purchasing power parity?

2. What is the difference between a low-context culture and a high-context culture?

3. Define Commoditization?

4. Define Protectionism?

5. Identify different political views on FDI and understand its benefits and costs to host and home countries.

6. Describe the three primary types of foreign exchange transactions made by financial companies.

7. What are the ways through which entrepreneurial firms expand globally?

8. What is the difference between cultural distance and institutional distance?

9. Outline how alliances are dissolved.

Reference no: EM133152446

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