Task: International Business Management
Question 1. What is the ultimate goal of regional economic integration? Identify three potential benefits of regional economic integration and three potential drawbacks.
Question 2. What is foreign direct investment? Identify at least three motivations behind a company's decision to engage in FDI.
Question 3. What types of policies might a country have in place to be called neo-mercantilist? Provide examples.
Question 4. Define and provide specific country examples of a centrally planned economy, mixed economy and a market economy.