1. List the three stages that a product goes through according to the international product life cycle theory. Choose a product and discuss which stage it is in. Include information to support your conclusions.
2. Over what aspects of Russia's centrally planned economy did planners exercise control? What might challenge Russia's future economic prospects?
3. Discuss what the economic transition process involves, as well as the key obstacles for countries in transition. Choose a country that you believe to be in transition. Provide information to support your choice.