1. Elaborate on the three prevalent views of globalization I 2. Describe the differences among the three economic systems 3. Define Culture. Describe the four major components of culture 4. Briefly explain outsourcing and its different types 5. Briefly elaborate on any three nontariff barriers (NTBS) 6. Discuss the economic arguments against free trade 7. Why do firms prefer FDI to licensing 8. Explain, with the help of examples, the three primary types of foreign exchange transactions 9. Explain possible benefits of global economic integration both political and economic, and describe the pros and cons of regional economic integration 10. Discuss exporting, licensing/franchising, and FID as strategies for entering a foreign market. Explain each, and detail their strengths and weaknesses N

1. Elaborate on the three prevalent views of globalization 2. Describe the differences among the three economic systems 3. Define Culture. Describe the four major components of culture 4. Briefly explain outsourcing and its different types 5. Briefly elaborate on any three nontariff barriers (NTBs) 6. Discuss the economic arguments against free trade 7. Why do firms prefer FDI to licensing 8. Explain, with the help of examples, the three primary types of foreign exchange transactions 9. Explain possible benefits of global economic integration both political and economic, and describe the pros and cons of regional economic integration 10. Discuss exporting, licensing/franchising, and FID as strategies for entering a foreign market. Explain each, and detail their strengths and weaknesses