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Question: a) Discuss the necessity for a SME (Small and Medium Enterprise) to explore global business opportunity. b) Give an example of a local SME that you think will benefit from global expansion to a specific international market and why? c) List 3 concrete pieces of advice to the SME owner on how to expand to the foreign market based on your knowledge gained through the semester (hints: general market condition, culture characteristics) d) What regional trade association/agreement could the SME leverage? How will a Trump presidency positively or negatively impact the SME's global expansion?
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