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The presentation begins with a discussion on the case study; Dumping on Trade Complaints and related questions. Further it analyses the Global Environment – Political, Economic, Social, Cultural, Legal, Technological and Physical and Natural environment. It discusses country risk analysis in detail with special reference to political risk, exchange rate risk, economic risk, sovereign risk and transfer and convertibility risk. Opportunities and threats for Intl. business and rise of new economies like Brazil, Russia, India, China (BRIC) and Asian Countries are also covered.