Apply Your Understanding AACSB: Communication, Reflective Thinking, Ethical Reasoning

Answer question: $1-8$ on page $23.$

Post your response to the discussion forum.

Distinguish between international business and globalization of markets.

What is the difference between exporting and foreign direct investment?

What make international business different from domestic business?

What are the various types of risks that firms face when they conduct international business?

Who are the major participants in international business?

What is the difference between a multinational enterprise $($MNE$)$ and a small and medium$-$sized enterprise $($SME$)?$

What are some of the key motivations for firms to engage in international business?

Why should you care about international business?