1) Define the two core propositions of the institution-based view.
2) NAFTA is an example of a common market.
3) Iran and Saudi Arabia are common law countries.
4) The multilateral trading system resolves disputes between two countries involved in
global trade.
5) What determines the success and failure of FDI around the globe?
6) Since foreign exchange is such a unique commodity, its markets are influenced only
by economic factors and are free from the effect of social or political pressures.