Maria has been asked to present on several financial aspects of an organization. She tasks you with developing the sections of the presentation relating to globalization. The potential client, named Fourevr Enterprises, mentions it mostly operates domestically, both in terms of production and selling, because it is unfamiliar with and apprehensive to engage in globalization efforts. Operates as: Oil and gas exploration and production

your presentation on the effects of international trade and globalization on Fourevr. Be sure to use graphs and economic models/tools to support your response to each of the bullet points.

• How does international trade affect Fourevr, both domestically and in international markets?
• How can existing or potential changes in trade policies affect Fourevr's operations?
• Does it make sense for Fourevr to outsource or offshore the production of any of its inputs or any of its operations? Why or why not?
• In what other ways might globalization affect Fourevr, both positively and negatively? In your response, consider the effects on Fourevr's prices, output, and profits.
• What can Fourevr do to better position itself to benefit, or protect itself, from globalization?