118. The risks of doing business are most likely to be the highest in a country that:
119. Generally, the costs and risks associated with doing business in a foreign country are
typically lower in:
120. Which of the following is most likely to be true about the overall attractiveness of a
country as a potential market or investment site for an international business?
121. The government of Nerumbia wants to open the country’s economy to international
business, and increase its overall attractiveness as a potential market or investment site. Which
of the following will facilitate this decision of the Nerumbian government?
122. Describe Amartya Sen’s conceptions of development.
123. List the three measures on which the Human development Index (HDI) is based.
124. Why are market economies more conducive to innovation and entrepreneurship than
planned or mixed economies?
125. Do all totalitarian regimes oppose market economy and strong property rights protection?
Elaborate
126. Discuss Jeffrey Sachs’s conception of geography, education, and economic development.
127. What changes have occured in the political economy of most of the world’s nation-states
since the late 1980s?
128. What are the various reasons that account for the spread of democracy?
129. How does Author Francis Fukuyama’s vision of the new world differ from that of the late
influential political scientist Samuel Huntington?
130. Discuss Samuel Huntington’s idea of the new world order. What are its implications for
international business?
131. Discuss the concept of deregulation.
132. When does the process of privatization fail to deliver predicted benefits? What economic
conditions are required for privatization to work?
133. Discuss the significance of legal systems in the context of shifting toward a market–
based economic system.
134. What are the implications of changing political economy for international business?
135. What are the various types of risk that a could face in doing business in a particular
country?
136. Gamma Gene Incorporated has sought your opinion about the overall attractiveness of
various countries as potential markets and investment sites. What would you tell them?