Q1: ELABORATE THE CHALLENGES FACED IN POLITICAL AND LEGAL ENVIRONMENT TO A MULTINATIONAL organization?Q2: DEFINE INTERNATIONAL BUSINESS. WHAT ARE MAJOUR THEORIES OF INTERNATIONAL TRADE? ALSO DISCUSS THE APPLICABILITY OF THESE THEORIES IN TODAY ENVIORNMENT.Q3: EXPLAIN FUNCTIONS PERFORMED BY VARIOUS TYPE OF INTERNATIONAL FINANCIAL MARKET?Q4: DISCUSS MERITS AND DEMERITS OF FOLLOWING: 1; EXPORTING2 JOINT VENTURE3.LICENCING4 FRANCHISING5.TURN-KEY PROJECTS6WHOLLY OWNED SUBSIDIARIES.Q5: FIVE BASIC MECHANISMS FOR ESTABLISHING EXCHANGE RATE? HOW DOES EACH WORK ?WHAT COST AND BENEFITS ARE ASSOCIATED WITH EACH MECHANISM?Q6: WHAT ARE INVESTMENT, FINANCING AND MONEY MANAGEMENT DECISION? WHAT RISK MUST BE CONSIDERED WHILE EVALUATING A FOREIGN INVESTMENT OPPORTUNITY? Q7: CALCULATE BID/ASK IN %? CURRENCY BID RATE ASK RATE 1. MEXICAN PESO RS.11.47 RS.11.97 2. US DOLLAR RS.99.10 RS 99.60 3. BRITISH POUND $ 1.63 $1.71 4. JAPANESE YEN $ 0.0080 $0.0096 5. CANADIAN DOLLAR RS.92.20 RS.93.40 6. INDIAN RUPEE RS 1.87 RS.1.99