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QUESTION 1 Choose one of the following countries : Barbados, Bahamas, Cuba, Dominican Republic, Grenada, Haiti, Jamaica, and Trinidad and Tobago. Examine the following factors
QUESTION 1
Choose one of the following countries: Barbados, Bahamas, Cuba, Dominican Republic, Grenada, Haiti, Jamaica, and Trinidad and Tobago.
Examine the following factors that affect international business within your selected Caribbean country:
- Political system and Risk/Country risk
- The economic system and risk
- Social system and risk
- Technological system and risk
- Environmental system and risk
- Legal system and risk
- Explain what is meant by each factor above and the type of risk that exists. (18 marks)
- Explain how the factors above affect the sustainability of the named country. (12 marks)
- Examine how the chosen country can mitigate and minimize the above-mentioned risks that exist within a global economy.
(10 marks)
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