International Business Natura Brazil Case Study

1. Hofstede’s Dimensions
2. Tariffs, Subsidies, Quotas
3. Levels of Economic Integration 
4. Four International Strategies
5. Entering Foreign Markets, the six entry modes

Papers will be graded on two dimensions: A. Content/Depth (i..e research support, course concepts) and B. Clarity/writing Style

CONTENT (Please incorporate as many points from these chapters as possible)

Topics (Only material from topics/sections listed below) 

Hill Chapter 3.Political Economy and Economic Development.GNI; PPP; HDI; Three main reasons for spread of democracy; 

Hill Chapter 4.National Differences in Culture. Social mobility; Caste and class systems;  Hofstede’s Dimensions; Table 4.1 know USA’s relative position (hi, low, middle).

Hill Chapter 7. Political Economy of International Trade Topics: tariffs (all types), subsidies, import quota, tariff rate quote, VER, local content requirement, Dumping.

Hill Chapter 9.Regional Economic Integration. Levels of economic integration (know differences and examples), EFTA, Single European Act, Establishment of euro (know which EU members do not use euro, check online), NAFTA, Mercosur, FTAA. ASEAN members. 

Hill Chapter 12.The Strategy of IB. Location economies, Learning effects, Economies of scale, 4 basic Int’l strategies and related pressures (figure 12.9) and examples, Advantages and disadvantages of strategic alliances.

Hill Chapter 13.Entering Foreign Markets. First mover advantages, Six entry mode types and 2 advantages/disadvantages of each (plus examples).Pros and cons of acquisitions. 

Questions will be based on material covered on topics listed above.  Information beyond this scope will not be on the exam.