Describe the different types of legal systems with which international businesses must deal.

2. What is extraterritoriality?
4. How can an MNC affect its host country?
6. How do expropriation and confiscation differ?
8. Why do countries impose restrictions on foreign ownership of domestic firms?
10. How do restrictions on repatriation of profits affect MNCs?
12. What factors influence the accounting procedures a country adopts?
14. How do German firms use accounting reserves?
16. What is the impact of differing accounting standards on the international capital market?
18. What is political risk? What forms can it take?
20. What is OPIC's role in promoting international business activity?