Q1. Which of the following market transactions of final goods and services are excluded from the computation of U.S GDP?
Q2. Illustrate what was the strategic rationale underlying JCB's entry into India in 1979 and China in 2005? Given which capital to fund expansion is restricted does it make more sense for JCB to expand its presence in these markets which opposed to more developed markets, such as those of Western Europe?
Q3. Why do you think JCB chose to enter India via a joint venture as it opposed to several other entry modes?