According to the text, the international environment is all of the uncontrollable forces originating outside the home country that surround and influence the firm.

Which of the following is included in the Gross Domestic Product calculations:

A. Bartered exchange of a cow and an electric generator. B. Specialty oranges grown exclusively for shipment to, and purchase by, Japanese customers. C. Purchase of a dining room table and four matching chairs at a yard sale. D. Black market purchase of one case of moonshine whiskey. E. An attorney gives free legal advice to a relative.

Regional free trade zones exist around the world. One of the oldest is the European Union, formed in 1957. Describe the purpose of the EU and discuss some of the benefits to firms engaged in trade within the European Union

What will be an ideal response?