international context for business

Here are several topics…..you need not address all questions. You may also come up with your own related questions regarding any of

the following topics.

1. Many of you have probably heard and read a bit about the BRIC countries (Brazil, Russia, India and China). Which country do you

think is in the best position now? What are some of the biggest issues each of these countries face in the future?

2. The East Germans claimed that their standard of living decreased when the wall came down. Costs increased dramatically while

salaries stayed the same. Yet no one wanted to go back to the old system. Why?

3. Economic transition began in the 1980’s and continued to gain momentum to the present. What factors contributed to transitional

economies at that time; how did the movement begin especially for countries in the former Soviet Union, former Yugoslavia, Europe, and

South America. While there are some similarities in the methods used among the various countries, each used a different approach. Why

were some transitions smooth while others have been more difficult to achieve? Examples? Thoughts?

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