1. Choose any production process that might be of interest to you. Both merchan- dise and services are appropriate. As best you can, draw a value chain for this production process.
2. Next, for this production process, choose two countries. Place the value chains for these two countries side by side in a GPN. Show how FDI by a firm based in the first country in the second country can be depicted for the cases of horizontal FDI, backward vertical FDI, and forward vertical FDI.
3. Make a list of as many firm-specific assets you can think of, both tangible and intangible.