Reference no: EM133086718
Global Marketplaces and Business Centres
Review Questions
Question 1: Describe how the Mexican economy has developed in this millennium.
Question 2: How do differences in income levels and income distribution among countries affect international businesses?:
Question 3: What role did MITI serve in the Japanese economy?
Question 4: What is a keiretsu?
Questions for Discussion
Question 1: Regional trading blocs, such as the EU and NAFTA, are growing in importance. What are the implications of these trading blocs for international businesses? Are they helpful or harmful? How may they affect a firm's investment decisions?
Question 2: How are major global economies impacted by the Middle East's reliance on oil export combined with the political unrest in the country. Would an economic policy for "life after oil" help shape the future? How?
Question 3: Ethnic ties, old colonial alliances, and shared languages appear to affect international trade. Why might this be so? If true, how does this affect Building Global Skills Success in international business often depends on a firm obtain-ing information about foreign markets so that it can make exporting, importing, and investment decisions.
Question 4: What role has reexporting played in the economies of Singapore and Hong Kong?
Question 5: Explain the terms glasnost and perestroika.
Question 6: Discuss the role of the canals of commerce in interna-tional trade.
Question 7: What are the consequences of South American countries' dependence on commodities and raw materials?
Question 8: South Korea is prominently featured in many lists of "emerging markets." Is South Korea an emerging market? Or has it already "emerged"? Defend your answer. How would you define an "emerging market"?
Question 9: Like Japan, South Korea's economic development was dependent on a positive balance of trade, government leadership, and chaebols. Discuss how overexpansion and poor lending practices affected the South Korean economy after the Asian currency crisis.