Assessing the impact of political-economic differences on the benefits, costs, and risks in IB

Assessing the impact of political-economic differences on the benefits, costs, and risks in IB

Re:     Assignment #1 (to reflect Ch. 2, 3 of the text): assessing the impact of political-economic differences on the benefits, costs, and risks in IB

Goal: developing your conceptual and comparative analytical skills in International Business (IB) via exposure to the state-of the art technologies and sources of information.

According to the textbook and our class discussions, democracy, individualism, and economic freedom tend to be more attractive, while totalitarianism, collectivism, and central planning tend to be less attractive in the International Business context. This assignment invites you to examine these concepts and learn for yourself.

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Answer preview Assessing the impact of political-economic differences on the benefits, costs, and risks in IB

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