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Explain the importance of Global integration and role of multilateral institutions. How these affect on International business/trade
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- Give 5 examples of ways in which globalization through trade has promoted interdependence among countriesIn about 250-300 words, evaluate the impact of the political and economic characteristics of the world's various marketplaces on international business.comment on the statement: "the world is transitioning from globalisation to regionalisation of trade ". explain the consequences of the decrease in globalisation on developing and developed nations
- How does trade generate more gains or, instead, losses to a country's economic growth and development! explain how can trade assist (or hinder) a country's growth and development!Much of the world’s current economic activities is concentrated in a group of countries called the Triad (Japan, EU and United States). What is the potential threat of China to these international economic drivers?Examine the role of increasing returns or economies of scale in supporting multinational enterprises to engage in international trade
- explain transnationality and transnationalism connects to globalizationIf the removal of trade barriers is so beneficial to international economic growth,why would a nation continue to restrict trade on some imported or exported products?Explain how knowledge of trade theories and policies helps to understand the environment and develop strategies to face global challenges.
- What is a likely outcome if multilateral trade and investment liberalization fails to progress? a. a rise in regional integration blocs b. a push toward great global economic integration c. an increase in custom unions d. an increase in economic unionsEvaluate 'free trade' and 'restriction' situations from the perspectives of benefits to developed and developing countries, advantages and disadvantages to economies of scale, dynamic benefits of innovation and competition. In this concept, explain what does it mean rent-seeking, consumption and production distortions, terms of trade gain?Identify key risks for global business and explore possible consequences of these risks in an international business.