In the Harvard Business Review article Strategies that fit emerging market, read the example of Home$$ Depot$$s experiences with emerging markets. Based on$$ this, provide$$ short$-$essay answers to the questions$$ below:

$1.$ What are five challenges that Home Depot has$$ faced, or could face in the$$ future, in entering emerging market$$ economies? Use the$$ textbook$$s terminology, whenever$$ possible, to answer this question$($e$.$g$.$political instability$-$ then give a specific$$ description$).$

$2.$ Referring to the international firm strategies that the textbook discusses$($i$.$e$.,$ that balance the tension between global integration and local$$ responsiveness$),$ what strategy does Home Depot appear to have adopted in Mexico according to the$$ article? Explain.

$3.$ What strategy might Home Depot adopt to enter$$ China? What potential benefits would this strategy$$ provide? What would be the risks of this$$ strategy? $$Again$,$ to maximize your$$ score, please reference the terminology from the book covered in class whenever possible.