Try to upload the answers for all 9 ques as soon as possible

Please respond briefly to the following questions. 1-Political Risk has 3 major components, explain one and provide 1 example (10 marks) 2-How should a contract be structured differently in a country with common law compared to one with civil law? (10 Marks) 3- What is meant by the term "wholly owned subsidiary?" Under what circumstances is the establishment of a wholly owned subsidiary an appropriate foreign entry strategy? (10 Marks) 4- Harvey's the Canadian hamburger chain is looking to expand internationally. They feel that China is a huge untapped market with lots of potential for their products. McDonalds and KFC have a large presence in China already. What would be the best approach for Harvey's to take if they were to enter China. a. Describe in detail what would be your recommendation for how they should enter the Chinese market. b. Explain the reasons why you chose this entry strategy and the advantages and disadvantages compared to other possible methods a business might enter a country (20 Marks) 5- In what situation would you choose exporting over wholly owned subsidiary? (10 Marks) 6-There are various types of innovation. Define two types and provide an example for each (10 Marks) 7-What are the advantages and disadvantages of hiring an expatriate manager? (10 Marks) 8- Under what conditions would a differentiation strategy be better? (10 Marks) 9- How would a weak Canadian Dollar benefit a Canadian entrepreneur who exports much of his product? (10 Marks)