Please respond to the following questions: 1. What is the


Please respond to the following questions:

1.  What is the purpose of an economic analyses?

2.  What impact does the Gross National Income (GNI) have on nations?  Explain.

3. Which approach to measuring development do you think would be useful for international managers to follow iin assessing a potential market’s level of development?  Outline the reasons for your answer.

4.  What is the function of the International Monetary System?  What decision that President Nixon make in 1971 in reference to paper dollars and the gold exchange?

5.  What role does the Bank for International Settlements (BIS) in international business? 


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