Please provide summaries, NOT quotes, of material set out in the text to show that you have read the assigned chapters and can apply what you have read. These assignments are NOT meant to encourage research on the Internet. All that you need is in the text. Ideally, the text will be your only source. As you progress through the readings, your responses should incorporate information you have gathered from multiple sections of the text. Please provide FREQUENT references to pages from the text used in the response.
The three forms of international business, or methods of entering a foreign market, are trade, the licensing of intellectual property, and foreign direct investment.
1. Give an example of each;
2 Compare and contrast the risks and opportunities each provides; and
3. Describe what countries can do to increase international business.