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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:

  1. Political system and Risk/Country risk
  2. The economic system and risk
  3. Social system and risk
  4. Technological system and risk
  5. Environmental system and risk
  6. Legal system and risk

  1. Explain what is meant by each factor above and the type of risk that exists. (18 marks)

  1. Explain how the factors above affect the sustainability of the named country. (12 marks)

  1. 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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