An insurance company based in Country E opens a sales office in Country F in order to service the local market

A music production company based in Country C signs a contract with an artist ' s management company based in Country D.

A retailer based in Country G uses an online retail platform in order to sell goods to customers in Country H.

A chain of restaurants based in Country B signs a franchise agreement with a company that intends to open restaurants in Country A.

To devolve decision-making

To pool resources

To share skills and knowledge

To specialise

To earn profits

To create hierarchies

Increasing investment in vocational training for unemployed youth

Providing tax incentives to firms investing in new technology

Reducing the rate of value added tax applied to consumer goods

Increasing current expenditure on a national medical service

Introducing a funding scheme to support university research

Applying a tariff on the import of foreign technology

Upwards from right to left.

Upwards from left to right.

Downwards from left to right.

Downwards from right to left.

Prices will have to increase due to increased inflationary pressures

Sales will increase as consumers have stable incomes in the short term.

The cost of financing projects through loans will increase

The cost of holding stock will reduce

A change in consumer preferences favoring transportation that reduces carbon emissions

An increase in the price of car insurance

A drop in the price of City L cab rides

An increase in the population of City L.

improving the working condition and pay levels for the employees

Maximising shareholder wealth

Meeting the legally required environmental standards in the industry

Raising the level of dividends paid out

Increasing the remuneration packages of the company directors

There are few barriers to entry into the industry.

Many firms in the industry have unused production capacity.

Most firms in the industry have high stock levels of finished goods.

Newly employed workers in the industry require high levels of initial training.

Depreciation of the currency.

The imposition of an import tax.

Increased income tax.

The use of import quotas.

Increased flows of factors of production between economies.

Higher international disparities in rates of return on capital.

Increasing interdependence between economies.

Higher levels of trade in components and semi-finished goods.