1.Do national governments typically place trade barriers on imports or exports? Why? 2.Explain the different types of trade barriers discussed in the chapter. 3.What is NAFTA? What was the purpose of NAFTA? 4.Do some independent research (it is not covered in earlier editions of the textbook) on the USMCA (United States, Mexico, Canada Agreement) that replaced NAFTA (North American Free Trade Agreement) on July 1st, 2020. What type of changes can be expected with this new trade agreement? 5.Discuss global consistency versus local adaptation strategies for international business. 6.Discuss the different forms of global business covered in this chapter. 7. Discuss, in detail, Hofstede’s six cultural dimensions.
