Voyevodins' Library _ "International Business: Competing in the Global Marketplace" / Charles W.L. Hill ... Chapter 8 ... factors of production, Financial Accounting Standards Board (FASB), financial structure, first-mover advantages, first-mover disadvantages, Fisher Effect, fixed exchange rates, fixed-rate bond, flexible machine cells, flexible manufacturing technologies, floating exchange rates, flow of foreign direct investment, folkways, foreign bonds, Foreign Corrupt Practices Act, foreign debt crisis, foreign direct investment (FDI), foreign exchange exposure, foreign exchange market, foreign exchange risk, foreign portfolio investment (FPI), forward exchange, forward exchange rate, franchising, free trade, free trade area, freely convertible currency, fronting loans, fundamental analysis, gains from trade, General Agreement on Tariffs and Trade (GATT), geocentric staffing, global learning, global matrix structure, global strategy, global web, globalization, globalization of markets, globalization of production, gold par value, gold standard Voevodin's Library: factors of production, Financial Accounting Standards Board (FASB), financial structure, first-mover advantages, first-mover disadvantages, Fisher Effect, fixed exchange rates, fixed-rate bond, flexible machine cells, flexible manufacturing technologies, floating exchange rates, flow of foreign direct investment, folkways, foreign bonds, Foreign Corrupt Practices Act, foreign debt crisis, foreign direct investment (FDI), foreign exchange exposure, foreign exchange market, foreign exchange risk, foreign portfolio investment (FPI), forward exchange, forward exchange rate, franchising, free trade, free trade area, freely convertible currency, fronting loans, fundamental analysis, gains from trade, General Agreement on Tariffs and Trade (GATT), geocentric staffing, global learning, global matrix structure, global strategy, global web, globalization, globalization of markets, globalization of production, gold par value, gold standard


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Chapter 8 Outline

Critical Discussion Questions

  1. NAFTA is likely to produce net benefits for the US economy. Discuss.

  2. What are the economic and political arguments for regional economic integration? Given these arguments, why don't we see more integration in the world economy?

  3. What is the effect of creation of a single market and a single currency within the EU likely to be on competition within the EU? Why?

  4. How should a US firm that currently exports only to Western Europe respond to the creation of a single market?

  5. How should a firm with self-sufficient production facilities in several EU countries respond to the creation of a single market? What are the constraints on its ability to respond in a manner that minimizes production costs?
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