1) Identify and explain the dilemma behind transaction costs and international
entrepreneurial opportunities.
2) Explain the benefits of gaining international business experience and working as an
expat.
3) Define a wholly owned subsidiary (WOS). What are the two primary means to set up
a WOS?
4) Foreign acquisitions are an example of an FDI entry into foreign markets.
5) Cost pressures often push MNEs to adapt locally.
6) Foreign direct investment is the only way in which SMEs can enter foreign markets.