Part 1. Required: Answer the following Application questions from the "Understanding the Chapter-What Dol know" section at the end of Chapter 4, page 174. Answer questions (2,5,6,7 and 10). In making your responses please rely on information in the textbook, news and/or your own experience. 2. What are some positives and negatives of globalization? Explain. 5. What are five reasons companies expand internationally, and what are five ways to go about doing this expansion? 6. What are some barriers to international trade? Explain. 7. Name the three principal organizations designed to facilitate international trade and describe what they do? 10. Describe the six important cultural areas that international managers have to deal with in doing cross-border business. Why is this knowledse important