does the position of rich countries in the economic chain threaten the status of less developed countries in the global market

Q: Among the stages-of-growth theory of development, the structural-change models of Lewis and Chenery,…

A: Stages of Growth theory of Development was developed by Rostow after the end of World War II, when…

Q: Anti-globalization: A global perspective on why some states oppose globalization.

A: Anti-globalization is a movement that began in the 21st century which is a social movement against…

Q: Comment on the relevance of national sovereignty in the context of globalization

A: Globalization: - globalization is the process of integration of different countries with each other…

Q: How does globalization affect the business industry over the past years up to the present

A: The impact of globalization on the business: International business is a term used to describe all…

Q: As a businessman how globalization affects the importation and exportation of products.

A: Meaning of Globalization: The term globalization refers to the situation under which there are two…

Q: Explain three main reasons Caribbean Islands seek assistance from the International Monetary Fund.

A: Explanation of three main reasons Caribbean Islands seek assistance from the International Monetary…

Q: What aspects of the international economy are different to those of a single economy? What…

A: In a single economy, there is less competition than the international economy.

Q: Can a Global South country change its status to Global North or vice versa

A: Meaning of Economic Development: The term economic development refers to the situation under which…

Q: Globalisation of production and of markets ushered in myriad of benefits to all nations particularly…

A: Introduction Globalization is slowing due to a variety of factors, including the United States'…

Q: Globality is the spreading and deepening consciousness of the world as a whole True or false

A: Globality is the awareness of the entire world as a single entity. Roland Robertson, a British…

Q: Globalism is a political belief system True or false

A: Globalization (Commonwealth English; see spelling variants) refers to people, businesses, and…

Q: Income inequality as a result of globalization: Is rising in the industrialized and developing…

A: Globalization refers to the process of integrating one economy with other. Globalization includes…

Q: What is The strategies that developed country use to reduce the negative effects of globalization?

A: Globalization is a worldwide interaction of market. It is the process of buying and selling across…

Q: How does the Realist Approach fail in providing an accurate explanation of globalization.

A: Realist approach: This theory is developed to evaluate the development and find the evidence to…

Q: Why is there a certain level of skepticism from more-developed nations (MDCs) regarding developing…

A: The growth of the nations can be categorized into two broad categories - developing and developed…

Q: Does a trade surplus help to guarantee strong economic growth?

A: Trade surplus refers to the positive difference between the country’s exports and imports. The…

Q: Why are the World Bank and IMF relevant for global businesses?

A: In the international market, there are some authorities that captures faith or trust of most of the…

Q: nations that dependent on core countries for capital. are Internal areas Peripheral External areas…

A: When analyzing the nature and features of different countries, it can be seen that some of the…

Q: What do you mean by OECD nations?

A: International trade occurs when there is an exchange of goods and services between various trading…

Q: Is trade liberalization good for developing countries? Discuss your answer.

A: Trade liberalization refers to the reduction or elimination of government regulations and/or…

Q: In an open economy, an increase in the tax rate will:

A: Open economy  Open economy refers to the economy of a nation which may engage in trading with the…

Q: Will countries be better off under a multilateral economic liberalization regime or under a system…

A: We show that Countries will be better off under the regional economic integràtion plan.…

Q: It is impossible that a country runs a negative trade balance over decades.  True  False

A: Balance of trade is a concept through which a country can always keep track of all its imports and…

Q: state power central to globalization

A: The Globalization is not causing the decline of the nation-state - not a single ‘trend’ is able to…

Q: Why should the Philippines take part in global governance

A: Philippines is one of the growing country with having more focus on economic growth than political…

Q: What are the relevance of the state amid globalizations.

A: Globalization also fosters a sense of interdependence, which càn lead to power inequalities between…

Q: If a country is a big exporter, is it more exposed to global financial crises?

A: Global financial crisis: - it refers to the state of unrest in the global financial market like a…

Q: why is the recovery of global economy, especially the Euro Zone, so important to the South African…

A: Economy can be democratic or it can be under dictatorship or it can be communist. For example United…

Q: define or describe globalization without being anchored/biased to the definitions of political…

A: The term "globalization"  basically refers to the speed with which global movements and the…

Q: What forces may be at work in giving the Millennium Development Goals such a high profile in…

A: There are 8 goals that can be considered under millennium development goals: 1- Reduction of poverty…

Q: Discuss the Macroeconomic Policy Goals in an Open Economy

A: Open economy: An capitalist form of economy is considered to be an open economy where the demand and…

Q: Why is Global integration important

A: The extent to which a company's products and methods can be used in other nations is referred to as…

Q: Analyze ways that show that an Organization have successfully used globalization to expand markets…

A: Globalisation has increased profit and expands market for various domestic and international…

Q: Explain The Globalization of the World Economy in detail.

A: Globalization refers to the integration of global markets, leading to the integration of the…

Q: What are the advantages and disadvantages of global, bilateral, and regional economic integration?

A: Economic integration refers to an arrangement among nations that typically includes the elimination…

Q: Discuss the economic opportunities and threats of globalization for the least developed, developing…

A: Globalization refers to the integration of world economies through the exchange of - Goods and…

Q: how do think globalization effect communication in the 21st century.

A: Globalization Means the interconnectedness of the nations or markets with global economies .

Q: Which of the following is not an indicator of Globalization Opening the economy for unrestricted…

A: When talking about globalization, it can be said that it is the important part of an economy as it…

Q: Describe the relationship between globalization and international business.

A: Globalization refers to the openness of countries to import goods and services from the foreign…

Q: What is the benefits of our membership to the World Bank Group and International Monetary Fund?

A: The World Bank is an international financial institution that provides loans and grants to low- and…

Q: In what way does comparing a country’s exports to GDP reflect its degree of globalization?

A: Globalisation is the process of integration and interaction among companies,people and governments…

Q: What is the work of Organisation for economic cooperation and development ?

A: The Organisation for economic cooperation and development (OECD)is the international organisation…