Problem 1. Small companies typically have difficulty competing against large multinationals when their governments take part in regional trade blocs. What could governments do to help their small companies compete after the formation of such blocs?
Problem 2. Despite the difficulties, many technology companies experienced when the dot-com bubble burst - Internet commerce (e-business) is here to stay.
1) What resources does an International Internet retailer need other than merely a storefront on the Internet?
2) Does it require fewer physical, financial, and human resources than a traditional retailer, or just as many? Explain.