IGEB 4361 UWF International Business Country Summary The midterm exam is purely take home. You should post your answers in this assignment box. You should

IGEB 4361 UWF International Business Country Summary The midterm exam is purely take home. You should post your answers in this assignment box. You should use the sources available to you. In particular, you should use the Legatum Prosperity Index, the CIA Worldfactbook, and Hofstede?s Country Comparisons on cultural dimensions. Here are some of the links. You may, of course, use others. For definitions and des?r?ptions, please use your own words. Do not cut and paste.

The countries: Denmark, Kitts and Nevis,Suriname

https://www.hofstede-insights.com/product/compare-… (Links to an external site.)Links to an external site.

https://www.cia.gov/library/publications/the-world… (Links to an external site.)Links to an external site.

https://www.prosperity.com/ (Links to an external site.)Links to an external site. International Business Country Summary/Midterm Exam Question 1
Define each of the following
1.
Unemployment rate
2. Budget surplus or deficit
3. To export
4. To import
5. Trade surplus or deficit
6. National Culture
Put the names of your three countries in the first row. Then fill out the correct, current scores for your
team’s three countries.
Country
Unemployment rate
Budget deficit or
surplus
Chief exports
Chief imports
Trade surplus or deficit
International Business Country Exam
Define and explain the following concepts according to the Legatum Index:
1. Economy
2. Entrepreneurship
3. Governance
4. Education
5. Health
6. Safety and security
7. Personal freedom
8. Social capital
Put the names of your three countries in the first row. Then fill out the table with the correct, current
scores for your team’s three countries.
Country
Economy
Entrepreneurship
Governance
Education
Health
Safety and security
Personal freedom
Social capital
Hofstede’s Cultural Dimensions
Define each of these items in your own words (do not copy and paste). Base your definition on
Hofstede’s descriptions of these factors. Then fill in the table with your countries’ scores. Some
countries will not be scored at all. Others will have only a few of the scores. When that happens, enter
NA.
Power Distance
Individualism
Masculinity
Uncertainty Avoidance
Long Term Orientation
Indulgence
Country
Question 2
Explain how the things you’ve defined, listed, and described affect the countries you have been
assigned. Choose the important points for each country. Limit your answer to one page, single-space
typed.

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