1. Explain the components of political and of legal systems including their role within a country. Discuss why it is important for an international business to understand these systems, use examples of how lack of knowledge of these components could lead to increased risk by an exporter or foreign investor.

2. International trade patterns have been explained over time using many theories of international trade. Explain why these theories are still useful in todays business environment using at least 4 different international trade theories.

3. Many international markets can be attractive for a business to enter, differentiate between the advantages and disadvantage of emerging markets over advanced economies. Discuss the criteria a company could use to assess the attractiveness of emerging and developing markets?

4. Governments may decide to prevent or interfere in international trade and investment for what may be described as defensive or offensive reasons. What are meant by these terms? Explain the strategies a company could use to offset the effects of these actual or potential policies?

5. Managing an international business in todays modern society requires access to financial systems. Describe the different participants in the global monetary and financial systems. Explain how these participants allow businesses to engage in international business and how globalisation has impacted on this area.

6. When integrating an international business operations across multiple countries, a business seeks to find the right balance between the objectives of global integration and local responsiveness. Discuss the integration-responsiveness framework with a focus on both the strategies and the pressures, include detailed examples.

7. International business structure can take many different forms. Compare and contrast 5 different organisational structures including the advantages and disadvantages of each.

8. Companies internationalise to gain and sustain competitive advantage in addition to accessing new markets. Explain how Dunnings Eclectic Paradigm identifies when a company should internationalise through FDI. In your answer, explain how a company can gain and sustain competitive advantage through internationalising using FDI.

9. Outline the national characteristics and key differences of the three main categories of economies: advanced economies, developing economies and emerging economies. What are the relative advantages and disadvantages of investing in each of these economies?

10. Economic blocs engage in different levels of regional economic integration. Explain the different levels of regional economic integration, include examples of each level. Discuss the reasons why countries pursue regional integration and the factors that can contribute to its success.