Question: 1. Describe the structural and managerial changes and challenges experienced by a firm as it moves its operations from domestic to global (globalization process). 2.

1. Describe the structural and managerial changes and challenges experienced by a firm as it moves its operations from domestic to global (globalization process).

2. Dollarization is the use of the U.S. dollar as the official currency of the country. Provide at least 5 advantages and 5 disadvantages of dollarization.

3. Provide 3 example/s of countries that adopts dollarization. Discuss reasons why they adopt dollarization.

4. Business managers and investors need Balance of Payments data to anticipate changes in host- country economic policies that might be driven by BOP events. Give at least 5 importance of Balance of Payments.

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