There is a certain amount of risk involved in doing business anywhere, internationally. Chose a country, and discuss the following: What are the political, cultural, environmental, economic, and trade risks present when doing business in the country as an outsider? What type of business would you do there in light of the risks? For example, would it be labor or capital intensive? Would it be a manufacturing or distribution center, etc.? Would it be a representative office or a full-fledged operation? Why should you as a manager be concerned with all this?

What are the two opposing forces that multinational companies have to face when competing around the globe? Discuss how demand conditions within Porter's diamond framework affect national competitive advantage. Using the automotive industry in Germany as an example, explain how competitive intensity in a focal industry affects national competitive advantage. What is meant by cultural distance? How does it affect a firm? Use a real-life example of a business affected by cultural difference. The example can be from your everyday life, or it can be something you have read or heard about.

Which one of the following policy tools does not place barriers to international trade or finance? tariffs capital controls domestic content requirements foreign trade zones trade quotas

Examine the impact of political or economic changes in a specific country on a company's international value chain and recommend strategies for adaptation.