1. There are no guidelines for marketers entering a foreign market to help determine the political risks, however there are some factors to consider. What are those factors? Provide an example of when a foreign market policy change affected the success of the product.
2. International marketers take into consideration a variety of factors in their business environments. Describe the factors that impact the business plan and explain some of the challenges. Name one uncontrollable factor for a business plan and how a business can navigate the factor.
3. Imposing a tariff on goods can help an economy but it can also result in trade wars if applied arbitrarily. What are some examples of current tariffed items, and what are some examples of tariffs that resulted in a trade war?