Answer each of the 8 numbered items below in at least 75 words with references.
1. What technological advances in telecommunications and transportation have influenced global business in the last decade? How have these advances affected regional economic development? Would globalization have been possible without these advances?
2. Explain national differences in political economy.
3. There are three broad types of economic systems for countries-market economy. Choose an economic system and discuss the challenges you might face in starting a business there.
4. Explain international business differences in culture.
5. Explain international trade theories.
6. Explain Internet in global trade
7. Explain globalization and technology.
8. Explain globalization