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How do they affect international business

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1. In 1-2 pages, answer this question: What are exchange rates and how do they affect international business?

2. What are the sociocultural, political, legal, and ethical challenges to conducting business in a global marketplace? In 1-2 pages, explain and provide examples for each factor of the question.

3. There are eight common ways for a company to enter a foreign market: Exporting, turnkey projects, franchising, licensing, joint ventures, and strategic alliances. In 1-2 pages, explain and provide examples for each.

Reference no: EM131751774

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