Question: 1. What is international business? How does it differ from domestic business? 2.Why is it important for you to study international business? 3.What are the

1. What is international business? How does it differ from domestic business?

2.Why is it important for you to study international business?

3.What are the basic forms of international business activity?

4.What is portfolio investment?

5. Describe the U.S. role in the world economy.

6. How do differences in income levels and income distribution among nations affect international businesses?

7. What is a keiretsu?

8. Discuss the role of natural resources and agriculture in Africa's economy.

9. Describe the four different types of legal systems with which international businesses must deal.

10. What is extraterritoriality?

11. How do restrictions on repatriation of profits affect MNCs?

12. What factors influence the accounting procedures a country adopts?

13. What is political risk? What forms can it take?

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