Discuss globalization institutions and international business.

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Discuss globalization institutions and international business.

globalization
__________institutions and international businesspolitical systemseconomic systemslegal systemsproperty rightscorporate governance
__________informal institutions and international businesscultureslanguagereligionethics
__________resources and capabilitiesusing VRIObenchmarkingoffshoring
__________trade theories
comparative advantage
product life cycle
strategic trade
national competitive advantage of industriestrade barrierstrade deficit / trade surplus
__________forms of FDIMNEsadvantages of FDI (O-L-I)national institutions & FDIbenefits and costs of FDIEach exam will have one question (your choice of two) about topics from this list. You should understand the concepts and how they work in international business, you should be able to apply the concepts to discussion of your groups two countries, and you should be able to discuss how a Kuwaiti company could operate in your two countries, focusing on issues related to these topics.you should be using at least the following three sources:Heritage Foundation. 2015 Index of Economic Freedom.
know the data about Kuwait and your two countriesHofstedes site http://geert-hofstede.com/national-culture.html
know the data about culture in Kuwait and your two countriesUnited Nations Conference on Trade and Development. World Investment Report 2015
know the investment patterns in your two countriesWorld Economic Forum, The Global Competitiveness Report 2014-2015.
know the data about institutions in Kuwait and your two countries
note that data from these sources is necessary, but often not sufficient, to have a good discussion about aspects of your countries. You should also research on your two countries regarding issues discussed in the book chapters, especially if the topic is listed here.