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1. Explain why and how the International Monetary fund came into existence and what its purpose is today.
2. Briefly explain how exchange rates influence business activities.
3. Explain why companies decide to expand into a foreign market. Remember to provide enough explanation and depth with your response.
4. Explain why exporting is an effective strategy for companies just beginning to enter a foreign market and what options companies have to do this.
5. Differentiate between a multidomestic, global strategy and transnational strategy. Identify the main benefits and drawbacks of each.
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