International Management in Action -Globalization and International Linkages

1. What is NAFTA? Why was it controversial? Please give an example. What is the name of the agreement that replaced NAFTA?
2. Define the following terms and add the name of a country associated with each term:
   1. Chaebols
   2. Keiretsu
   3. Maquiladora
   4. Market economy
   5. Command economy
   6. Mixed economy

Reference: Luthans, F. & Doh, J. P. (2021). International Management Culture, strategy, and behavior (11th ed.). New York: McGraw-Hill Education