Global managerial economics

400-600 words
Part I ;
You are a business owner firm that manufactures a specialized product in the United States. While developing a 5-year strategic growth plan, you have decided to investigate the benefits and disadvantages of expanding internationally. Research the issue, and discuss the following:
-How would entering into the global arena affect your business, your region, and the country as a whole? ;
-What are the risks, advantages, and disadvantages to your business and the welfare of the country? Do you think it is worth it? ;
Part II
If you were the owner of an automobile company and decided to market internationally, what kind of competition would your business face? ;
-Would you face imperfect, monopolistic, oligopolistic, or perfect competition? ;
-What sort of circumstances would you have to be aware of, and why? ; ;
-What if you were a major retailer in the United States? ;
-Do you think you know enough at this point to make a major decision like this? Why or why not?

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