Discussion Questions

DQ1

Identify at least two ways culture can impact the way we do business. Be specific about it and provide examples for each. For each of the two ways that you identify, explain with examples, the potential challenges that could materialize. (i.e., If it is decision making and negotiating, describe the challenges in detail along with recommendations).

DQ2

Select one developed country. Utilize a combination of the World Factbook at https://www.cia.gov/library/publications/the-world-factbook/geos/xx.html and the HDI at http://hdr.undp.org/en/statistics/, and formulate an opinion of why you think the country is a developed country. Identify the country\’s per capita GDP and HDI ranking to assess its level of development. Please try and not to use the same country as those in previous posts.

DQ3

Read the following excerpt from a 2010 Wall Street Journal article about the WTO:

The World Trade Organization formally condemned European subsidies to civil-aircraft maker Airbus, concluding the first half of the most expensive trade dispute in WTO history.

Its main finding was that more than $20 billion in low-interest government loans used to develop six models of passenger jet constituted prohibited export subsidies.

The ruling could force the parent company of Airbus, European Aeronautic Defence & Space Co., to repay some aid money or risk giving the U.S. the right to raise import tariffs in retaliation on goods imported from Europe, such as cars, wines and cheese.

Do you agree with the WTOs assessment? Is it fair for the United States to retaliate against the airplane manufacturer with tariffs on other imported products? How might US consumers react to additional taxes imposed on popular imported products such as cars, wine, and cheese?
Please use scholarly sources if you do use sources. Also please try to answer the questions to the fullest and you can get right to the point. Please make it in a simple form (not big words). Thank you so much for your help!