The assigned country is South Africa. Document Preview: Exercise 3 IRCO 412: Globalization (Winter 2013) The assignment is due at beginning of class Tuesday, February 12. Continue to use the economy...

Exercise 3 IRCO 412: Globalization (Winter 2013) The assignment is due at beginning of class Tuesday, February 12. Continue to use the economy you were assigned for Exercises 1 and 2. You have been asked to do a quick analysis for your employer, the CEO of General Mechanics, a highly diversified manufacturing conglomerate. The CEO is an engineer, and her entire career in General Mechanics has been on the production side. Due to her acute intelligence and rapid learning ability, she has moved up steadily in the company, and took over the top job last November. She knows the company’s business inside and out, but she has never had time to follow world political and economic events. The CEO does not suffer fools gladly, and her time is extremely precious. The CEO was impressed by your memo on the importance of FDI in your economy, and she now wants to go a step further. She has called you into her office and instructed you verbally (as CEOs often do): “I’ve heard that foreign countries don’t have the kind of rule of law we take for granted here, and they can be politically unstable. Look at what’s happening in Syria right now, it seems terrible! Would an investment in your country be at risk? Write me a brief on this for Tuesday.” Although her instruction was casual, having worked with her in the past, you understand that she has very specific requirements. You must give her: 1. A brief, no more than one, single-spaced page in length, that classifies your country into one of three categories: A. political risk is among the lowest in the world, although there may be other economic risks; B. political risk is significant, but those risks can probably be managed; C. political risk is substantial, and the company should probably not consider an investment. 2. To get an evaluation that includes recent developments, go to the Economist Intelligence Unit portal (you will need to be logged in from campus or have your proxy...