Describe the shifts in the world economy over the past 30 years. What

are the implications of these shifts for international businesses based in

the United Kingdom? North America? Hong Kong?


. “The study of international business is fine if you are going to work in a

large multinational enterprise, but it has no relevance for individuals

who are going to work in small firms.” Evaluate this statement.


. How have changes in technology contributed to the globalization of

markets and production? Would the globalization of production and

markets have been possible without these technological changes?


. “Ultimately, the study of international business is no different from the

study of domestic business. Thus, there is no point in having a separate

course on international business.” Evaluate this statement.

 How does the Internet affect international business activity and the

globalization of the world economy?