Directions: In 2-3 paragraphs, answer the following questions in a comprehensive and detailed manner using your own words, without being verbose (in other words, no fluff). Specifics are important but so are sentence structures and grammar. Finally, give make sure you provide citations to each answer.
What are the differences between an international business firm, a multinational corporation, multi-domestic corporation and a global corporation? Give examples of each and identify their competitive advantages within their markets. Provide your source.
Imagine you’re Sir Adam Smith, The Father of Economics: Why is International Trade important to the United States and what advantages/disadvantages does it provide the country? Be specific in its benefits. Provide your source.
Discuss how China and the US are economically interdependent?
What historical events led up to where we are today including contemporary issues and policies? Provide your source.
