mgt Intro to International Busines

I’m working on a management question and need a reference to help me learn.

8.2 Action Required:

Watch the video using the following link:

https://smallbusiness.chron.com/pros-cons-foreign-direct-investment-international-businesses-56164.html 

8.3 Test your Knowledge (Question):

1. Describe the situations when licensing is not a good option for a firm.
2. What prompted the formation of the European Union? Discuss.