Answer the following $12$ questions. Be concise but make sure you answer each and every

part of the question.

$1.$ Describe foreign exchange risk and then list and describe the techniques available for hedging

foreign exchange risk.

$2.$ How does three$-$way arbitrage work?

$3.$ Apply PESTEL to any well$-$known company.

$4.$ Compare any two countries using the CAGE framework. How $$far apart$$ do you think they are?

$5.$ What is countertrade? What is repatriation? How can countertrade help with repatriation?

$6.$ What is the Exim Bank and why is it important?

$7.$ What is the difference between a cost leadership strategy and a differentiation strategy? Name a

company that engages in one of the two strategies and describe why they do so$.$

$8.$ Apply the Five Forces model to any industry. Is it a profitable industry?

$9.$ What is the difference between an internal locus of control and an external locus of control?

$10.$ What are the three categories of expertise that international managers need to have knowledge

of in order to be effective?

$11.$ What is DARPA? What did DARPA help create?

$12.$ What is the $$Bottom of the Pyramid$?$ Do you think it$$s okay to focus on this market segment for

profit?