Explain how devaluation of the Chinese currency increases exports from China to the US.

Answer the questions below. Each answer should be one of the following: 1) exporting, 2) licensing, 3) franchising, 4) acquisition, 5) internal start-up or greenfield investment, 6) joint venture. Note that you will probably need to do a basic research to answer the questions.

How did FIAT, the Italian carmaker, enter the American market after the 2008 crisis?

How did Haier, the Chinese appliance manufacturer, enter the American market in 1999-2000?

How did General Motors enter the Chinese market in 1997-1998?

The following document includes pictures regarding the international strategies employed by some multinationals: Walmart in China, 15 flavors of Kit Kat in Japan, P&G's powder detergent in Europe, McDonald's menus from around the world, and Dell. Which of these companies do you think follow a global strategy? Explain. International Strategy.pdf Download International Strategy.pdf

Following up on the previous question, why did P&G, an American multinational, launch a power detergent in Europe called Ariel?