Appendix A – Country PaperEach student is required to write a 2-3 (minimum) page paper on the business environmentof your assigned Focus Country. You must:1. Demonstrate knowledge of global business concepts and cultural diversity in abusiness context;2. Identify some key components of business the environments that differ acrosscountries;3. Evaluate how these differences present challenges and opportunities for a businessorganization.Use APA format for citations. Submit to course dropbox in CougarView.Grading RubricDescription PointsPosting of the assignment in CougarView dropbox.Minimum of 2-3 pages (400-600 words)5Contains appropriate introduction section. 5Demonstrate knowledge of key concepts and terminology ofinternational business.*Show that you can use knowledge, concepts, and terminology from the class todescribe your country. Cite specific chapters from the textbook when usingterms and or ideas.20Describe international business environments of your country.* Do a google search “What is the business environment of XXXX – yourcountry?”. Choose 1 or 2 aspects of the business environment – you can describethe business environment in terms of per capita income, business climate, risk,cultural aspects.20Describe the currency system of your country.* Is the currency free floating or fixed? How is the exchange rateset/determined?20Describe different modes of entry into your county. Which might bebetter?* There is no one right answer for this type of question. It always depends. Use aspecific example if that helps you think about the question. For example, what isthe best mode of entry for a Georgia company to sell pecans in China? Considerexporting because Georgia has a competitive advantage in growing pecans andthey are less expensive to grow in Georgia. As a long-term strategy pecanfarmers might want to try and grow pecans in China where labor costs are verylow. However, there are restrictive land ownership laws so this might be adetractor.20Appropriate Conclusion – Is your country a good country with which/inwhich to do International Business? Why?5Readability – were there sentences or sections that did not fit, make sense, orstay on course with the paper itself? Minor errors in word usage, spelling,grammar, etc.5