1) Brazil, China, Hungary, India, Ireland, and Russia have adopted more FDI-friendly
policies.
2) A firm’s resources and capabilities are tangible assets a firm uses to choose and
implement its strategies.
3) Why is it difficult for companies to succeed in foreign markets?
4) Under the gold standard, every central bank needed to maintain gold reserves in
order to be able to redeem its currency in gold at a fixed price.
5) The European Union became a political union after the Budapest Treaty had been
ratified in late 2006.
6) What are the two schools of thought that have emerged concerning cultural
distances?