Describe the theories of international trade the international monetary system and balance of payments
Describe the theories of international trade, the international monetary system, and balance of payments. Each short essay should both place the issue(s) identified in each essay question in context and engage the reader′s attention. The body of each essay must fully and conclusively examine, expound, and explain the main points relative with each question. Style and formatting – APA citation style in text notes must be adhered to (cite chapter, page references, etc.). Prose should be understandable and generally free of grammatical errors and misspellings. Essays should display correct word usage and diction and correct use of punctuation. Describe the theories of international trade, the international monetary system, and balance of payments. Explain cultural, economic, environmental, legal, political, and sociological differences among countries. Identify the strategies –modes of entry–of establishing a multinational corporation (MNC) abroad. Explain the differences between developed countries (DCs), newly industrialized countries (NICs), and less developed countries (LDCs).Explain the factors that influence organizational structures of MNCs.
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