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1. What two export payment terms offer the most protection to the seller?

2. What is a generality about similarities of social and cultural values in the country?

3. What are the trade-offs for a firm that uses a just-in-time production system?

4. Compare and contrast ethnocentric, polycentric, regiocentric, and geocentric staffing policies.

5. What are the differences between transaction and translation exposure? Can you hedge for both simultaneously?

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