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- What is the impact of globalization on how people communicate? Is this something positiveor negative?What are the effects of globalization on food security? A. Supermarkets are so far the only way in which food and agriculture have experienced globalisation. B. Developing countries need to create publicly-owned food reserves in order to realise the potential benefits. C. Wealthy countries subsidies and trade barriers make it difficult for developing countries to take advantage of the potential of globalisation for advancing food security. D. World Trade Organisation rules do not cover agriculture, so globalisation really has no bearing on food security.a. Explain how competitive advantage play a role as one of the globalization driver ?
- Discuss Globalization as an Economic Process. What were the major economic changes and economic activities that helped strengthen globalization since the late 1980s? (e.g. McWorld)A) What is globalization? How do we know it is occurring? B) What are the benefits/costs of globalization? C) With current conditions in the world what is happening with globalization? Support yourSuppose that United States produces 10,000,000 barrels of oil and 1,000 bushels of wheat each week. Suppose that China produces 14329 barrels 14329 barrels of oil and 14329 bushels 14329 bushels of wheat each week. In autarky, what is the largest amount of wheat United States can consume every week? amount of wheat per week:___________ bushels What does the term autarky refer to? a. a major argument against globalization b. a situation where one country does not engage in trade with other c. countries d. the process of negotiating terms of trade between two countries e. government policies meant to reduce international trade
- What is/are the contribution/s of Crayola in Socio-Economic Globalization?What is globalization? How do you think it mighthave affected the economy over the past decade?7n Your textbook discusses precursors to globalization (ımperialism, colonialism, westernization, and Americanization). Which of these do you think was the most influential of the precursors? Why?
- “The world’s a stage; each plays his part, and takes his share” – Dutch proverb. Briefly discuss what this proverb means to you in reference to Globalization. Outline and explain what factors have contributed to the growth of Globalization in recent decades and suggest why companies engage in International Business? Critical discuss the negative effects of Globalization and how these effects have affected your country? provide examples to justify your points for each section.5. Is globalization leading to cultural convergence (i.e., grow similar over time)? If so how?Did the COVID-19 pandemic create new globalization opportunities for growth in yourCaribbean territory? YES/NOBased on your answer, write an answer that identifies those accepts that contribute to thegrowth, expansion and advancement of your local economy. On the contrary, if you do notbelieve that new opportunities were created, write an answer that identifies those acceptsthat negatively contributed to the negative growth, contraction and deceleration of our localeconomyPlease explain
