Question: (1) What is the difference between an institutional base view of global business and a resource based one? (2) What do you think are some

(1) What is the difference between an institutional base view of global business and a resource based one?

(2) What do you think are some of the current geopolitical risk factors that can have an impact on global business and trade? (Give a real-world example).

(3) How would you describe culture and its influence on doing business in a foreign country?

(4) Explain the difference between tangible and intangible resources and capabilities.

(5) What are tariffs and how do they work? (Give a real-world example).

(6) What distinguishes a MNE (Multinational Enterprise) from a non-MNE?

(7) Why do companies engage in foreign direct investments (FDIs)?

(8) Why should a global manager have knowledge about how foreign exchange works and its influence on global trade and financial transactions?

(9) What are the pros and cons of Brexit? (Give an example of each (5 pts. each). (10) Why is RCEP (Regional Comprehensive Economic Partnership) the worlds biggest free trade deal?

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