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GBU 201-001 International Business CRN 20399 T,R 12:30 PM to 1:45 PM • Combs 213
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MKT309 MKT401 GBU201

Readings - Exam 3Articles will be discussed in class. Print the articles ASAP and answer the questions.

17. Dow Jones Newswires, “Amid Feud With Japan, China 's History Books Criticized," Wall Street Journal, 13 April 2005, link, accessed 4/13/05.
a) In one sentence, summarize the main point of this article. Use your own words! Do NOT copy verbatim from the article.
b) Why do you think China does not include in its history textbooks any information about the 1989 pro-democracy movement, the millions who died in a famine caused by misguided communist policies or China 's military attacks on India and Vietnam?
c) Why is China criticizing Japan? Does this make sense to you or is it hypocritical?
d) What is nationalism? Why might China's increasing nationalistic fervor spell trouble for the rest of the world?
e) What else is missing from China's history textbooks?
f) For what reason does Japan omit certain information from its textbook? Contrast this reason with China's.

16. Dow Jones Newswires, “IMF: China GDP Growth Forecast Raised to 8.5%," Wall Street Journal, 13 April 2005, link, accessed 4/13/05.
a) In one sentence, summarize the main point of this article. Use your own words! Do NOT copy verbatim from the article.
b) What is the IMF? What role does it play in international business?
c) Why does the IMF want investment growth in China to slow?
d) How does China's 2005 GDP (estimated) growth compare to its GDP growth in 2004?
e) What countries (other than China) benefited from the textile quota eliminations?

15. Dow Jones Newswires, “Cooperation, Not Rivalry, Way To Go For China, India - Envoy," Wall Street Journal, 1 April 2005, link, accessed 4/1/05.
a) In one sentence, summarize the main point of this article. Use your own words! Do NOT copy verbatim from the article.
b) What government leader is planning a visit to India and why is he going there?
c) What disputes separate the two countries?
d) What expertise would each country contribute to economic cooperation between the two countries?
e) Are they competitors?
f) How much trade is going on between the two?

14. Dow Jones Newswires, “ EU To Publish Rules On China Textiles Imports On April 6," Wall Street Journal, 1 April 2005, link, accessed 4/1/05.
a) In one sentence, summarize the main point of this article. Use your own words! Do NOT copy verbatim from the article.
b) What is the EU going to do and why?
c) What is a quota and how might one potentially help European producers, harm Chinese producers, and affect European consumers?
d) Visit the EURATEX site at http://www.euratex.org/content/mission.html. What is its mission? How large is the European textile/apparel industry in annual turnover (sales) and employment? Where is it located?
e) Read more about the "China Textile Flood" at eCommerce Times. Why are countries like Cambodia lobbying the U.S. Congress? What do subsidies and dumping have to do with this issue? Should the U.S. restore quotas? What are the benefits/costs of doing so?

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