Quiz 1 Section B

Q 1: With reference to the case discussed in class, Under Chavez regime, how would you characterize
the political system in Venezuela?

Q 2: How do you think that Chavez’s unilateral changes to contracts with foreign oil companies will
affect future investment by foreigners in Venezuela?

Quiz 1 Section A

Q 1: With reference to the cases discussed in class, what is the prevailing political system in Vietnam?

Q 2: Write a note on the economic reforms in Russia under the government of Putin.

Quiz 2 Section A

Q 1: Identify the forces that lead to differences in social culture.

Q 2: Describe how transition economies are moving towards market based economy?

Quiz 2 Section B

Q 1: How differences in social culture influence values in business?

Q 2: Describe how transition economies are moving towards market based economy?

Assignment 1:

Provide a detailed overview on the background of Brexit and its economic, legal and political factors.

Your review should cover that how Brexit will effect positively and/or negatively the economy, economic
system, legal system and political system/structure of UK and European Union.

Based on the post Huawei scenario and prevailing Corona Virus issue, review the economic and political
relationship between USA and China. How these issues effected the economy and international trade of
these two countries?