ARBUS301 Study Guide - Midterm Guide: Rei, Emerging Markets, Purchasing Power Parity
10 Aug 2016
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Midterm: overview of globalization of markets fall of the berlin wall and revolution about market based economy in china. We accidentally wired the world with technology. The drivers, dimensions and consequences of market globalization there are 5 drivers at cause globalization and here are two of them and go into depth about them consequences. Death of distance: whats different about international business. Walk me through the risk about international business there are 4 major risks (talk through each one) Key players: continuum of focal firm involvement talk about from import/export to fdi if country risk is low, you want to be on the right if country risk is high, you want to be on the left. Types of distribution channel intermediaries: assigned theories of trade comparative advantage (and absolute advantage)/competitive advantage. Michael porter s diamond model (potential short answer question) National industrial policy: regional economic integration. What is it, why do countries do it, what are advantages/disadvantages.
