Define and explain the following terms

1. Interdependence of nations means when different countries of the world open their doors to and for (a) Foreign goods (b) Services

 

(c) International trade and industry (d) International investments

(e) All of these2. Define and explain the following terms: (a) Expropriation, (b) Domestication and (c) Nationalism. 2. Explain what kind of political risks an international marketing firm faces in the international political environment. How can an international firm safeguard its interests? 3. How can a firm assess vulnerability to political environments across the world and take preventive measures to avert it?

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