1 - What are the advantages and disadvantages that a manager of any business should consider, in terms of production and costs of goods or services, for a local and international market?

- Production and efficiency in the short and long term. - Economic effects on production in the short and long term 2 - Mention at least three (3) advantages and three (3) disadvantages for each local or international market (only one).

3 - Briefly explain each advantage and disadvantage for each market. You can provide examples or particular situations.