1.Briefly assess the arguments for government intervention in international trade and foreign direct investment.2.Why do so many firms prefer FDI to either exporting or licensing? What are the challenges and risks of FDI ?3.Explain why and how different in culture influence the conduct and cost of international business operations.4.What advantage and disadvantage of the different modes that firms use to enter foreign markets ?5.Explore the manner in which political and legal system affect national economies and the opportunities for international business when they seek to operate in these economies.6.Explain how the foreign exchange market and international monetary system work? What might government do to affect the value of their exchanges rate ?