Explain the nature of international business

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Read each statement carefully.

2. Explain the nature of international business. State briefly its development. What are the pros and cons of international business?

3. Identify the difficulties that foreign companies face while setting up their business in the Philippines?

4. Give examples of international trade barriers. Using the diagram below, what are the pros and cons of trade barriers?

5. Find out about the different political forms in the following countries. Also write a note on political risks associated with international business in these countries.

6. Suppose you are a marketing manager of a textile company that is looking to venture into international business. The country you want to target first is the Philippines. You want to start the business by exporting to Philippines. What environmental factors would you keep in mind and how would you analyze the business environment of the Philippines?

Reference no: EM132924866

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