Define a trade deficit and a trade surplus. What are the implications
of a long-term trade deficit or trade surplus? What techniques are
available to correct balance of payment deficit or surplus?

Does free trade equate to fair trade? Does free trade exist anywhere in
the world? Respond to the questions and support your answers with

What are the elements of capital budgeting? How do you determine these
elements in the global business arena? Provide examples of how you would
use capital budgeting analysis to determine the desirability of global

What are the international and regional institutions that comprise the
global monetary and financial system? What role do these institutions
play in promoting global business operations?

Name the factors that may contribute to the global business failure of
an organization? How might a global organization protect itself against a
global business failure?

Are US ethical standards applicable worldwide? Explain your answer and
provide examples. What are the consequences of failure to incorporate
ethical considerations into global planning?