Question 1: The UK automotive industry has been a relative success story in the early 21stcentury and forms a key component of the UK advanced manufacturing sector. The industry is also highly internationalised; e.g. in terms of exporting, global sourcing and inbound/outbound FDI. ‘Brexit’ (the UK leaving the European Union) presents a fundam

Question 1: The UK automotive industry has been a relative success story in the early 21stcentury and forms a key component of the UK advanced manufacturing sector. The industry is also highly internationalised; e.g. in terms of exporting, global sourcing and inbound/outbound FDI. ‘Brexit’ (the UK leaving the European Union) presents a fundamental change tothe UK’s established international (business)relations. Drawing on relevant IB theories and concepts studied in themodule, assess the possible implications of ‘Brexit’ for the UK automotive industryQuestion 2: Many European and North American multinationals have established regional headquarters to support their activities in the Asia-Pacific region, as part of a regional strategy. Drawing on relevant IB theories and concepts studied in the module, discuss the key factors that such firms need to consider when determining the location of their Asia-Pacificregional headquartersanduse these insights to evaluatethe relative attractiveness and suitability of 3 (or more) potential city locations for this type of operation.