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International Business : The Challenge of Global Competition, 8/e
Donald Ball
Wendell H. McCulloch, California State University Long Beach
Paul L. Frantz, California State University Long Beach
Michael Geringer, California Polytechnic State University
Michael S. Minor, University of Texas Pan American
Economic and Socioeconomic Forces

Concept Previews

After reading this chapter, you should be able to:

understand the purpose of economic analyses

recognize the economic and socioeconomic dimensions of the economy

understand the importance of a nation's consumption patterns and the significance of purchasing power parity

understand the degree to which labor costs can vary from country to country

understand the significance for businesspeople of the large foreign debts of some nations

ascertain the reasons for the worldwide downward trend in birthrates and its implications for businesspeople

understand indicative plans and their importance for businesspeople





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