1. You are the CEO of a company that must choose between making $100 million investment in China or Australia. Both investments promise the same long- run return, so your choice is driven by risk considerations. Assess the various risks of doing business in each of these nations. Which investment would you favor and why? 2. You have been assigned two countries (Singapore and Nigeria) that appear to be culturally diverse. Compare the culture of those countries and then indicate how cultural differences influence: (a) the costs of doing business in each country, (b) the likely future economic development of that country, (c) business practices, and (d) business ethics. 3. Under what conditions is it ethically defensible to outsource production to producers in the developing world who have much lower Labour costs when such actions also involve laying off long term employees in the firm's home country? A comparative study of USA and Bangladesh shoe manufacturing industry. 4. What are the potential costs of adopting a free trade regime? A comparative study of one developed country and one emerging economy. 5 Wh