Reflections:

          Question 1:

This week we learned about how a country’s culture, legal and political environment, and other dimensions effect global business.

Based on your understanding of cultural and political environment, in your own words describe the cultural dimension of your country and how its political and economic risks can favor another country.

Question 2:

Our learning this week also focused on international trade, Regional Economic Integration, and entry strategies for foreign markets.

Based on your understanding of the advantages and disadvantages of international trade, describe (in your own words) how protective tariff policies affect foreign companies.