How will you explain each of the basic questions on trade, development, and industry?

Q: Should we focus our efforts on foreign investment or domestic investment ?

A: Introduction: Foriegn investment: A foreign investor's investment in local firms and assets of…

Q: How do two countries benefit from trading with each other?

A: Countries generally do trade with other countries when they have a lack of resources, to satisfy and…

Q: It appears likely that a free trade area in much of Asia is likely by the end of 2020. What are the…

A: Answer -

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: What is a free trade zone? Give an example of a free trade zone and research how successful it has…

A: Free trade zone (FTZ): The free trade zone is an area where the products or goods landed, stored,…

Q: Examine the gap between rural and urban areas across the globe. How is that gap affect by…

A: Across the globe,there has been gap between rural and urban areas. In rural areas there are lack of…

Q: Do you think it is important for the Philippines to join a trade organization? Why or why not?

A: The World Trade Institution (WTO) is the sole international organisation that deals with global…

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: What has economic globalization meant to the US?

A: Economic globalization has contributed greatly towards the social and economic development of U.S.…

Q: Are trade restrictions necessarily bad for a developing economy? Under what circumstances are trade…

A: International commerce expands the range of products available to domestic customers, lowers the…

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

A: The flow of products, technology, information, and jobs across national borders and cultures is…

Q: Give a concrete example showing how Aid for Trade had succeeded or failed in certain countries.…

A: Trade-related aids can be considered as one of the most important tools for providing support for…

Q: How does trade and specialisation create winners and losers within countries?

A: The movement or transfer of goods and services from one country or entity to another in exchange for…

Q: What are the functions of global institutions like GATT, WTO, World Bank, U.N and IMF to regulates…

A: GATT (General Agreement on Tariffs and Trade). The formation of the GATS was one of the milestone…

Q: What is a free trade zone?

A: Free trade zones are a type of special economic zones which are free of fees related to trade like…

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: Why international economic policy and policy coordination is important?

A: The international economic policies refers to the policies of the government that influence trade…

Q: _______created the world's largest free trade zone. (fill in the blank)

A: Free trade zone can be defined as an area which does not has the intervention of the custom…

Q: what are the negative effects of globalization to the environment

A: Globalization is the process of integration and interaction among people and economies around the…

Q: What are some of the major trading regions?

A: To identify some of the major trading regions.

Q: What do you think is the most appropriate economic globalization of a developing country like…

A: Globalization refers to the interdependence and interaction between different countries and people…

Q: What are the advantages and disadvantages of using a nation as point of reference for a culture?

A: Culture is a broad term that incorporates social behaviour and conventions in human communities, as…

Q: write your own definition of globalization and how did you come up with it?

A: Globalization: When one or more than one economy-related by transferring the goods and services…

Q: Who loses when a country imports cheaper goods from abroad?

A: In am economy, people generally make import of goods and services that are available at lower price…

Q: Is trade within the US a significant component of development?

A: Trade is one of the most important component in US. It is critical for US as it is fueling economic…

Q: global business?

A: International business is a business firm which tends to engage in international economic activities…

Q: what are some pros and cons for International Trade from the viewpoint of the developing nation?

A: IT (international trade) refers to the transactions of commodities and services between domestic and…

Q: Would you consider globalization as a boon or bane?

A: Some arguments are for and some arguments are against the globalisation . Following are the reason .…

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: why it is necessary for Ghana to cooperate with other nations?

A: The co operation with other nation the country can contribute to the establishment of the world…

Q: What are the recent developments affecting businesses and propelling globalization?

A: Globalization is a term used to describe a worldwide trend of cross-border economic integration that…

Q: Can you think of ways that globalization has helped you economically? Can you think of ways that it…

A: The spread of goods, technology, knowledge, and jobs across national boundaries and cultures is…

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: The Nations that are dependent on core countries. O External Areas O Semi-periphery O Periphery

A: Nations that depend on core countries, their main reason for doing that is that they are dependent…

Q: How have changes in technology and political shifts toward democracy encouraged the globalization of…

A: There are many changes in technology and political shifts which encouraged the globalization of…

Q: What is the significance of economic analysis to international business and trade?

A: Economic analysis refers to the evaluation of all the market and economic factors to determine the…

Q: How can we lessen the negative impact of globalization to our nation?

A: Globalization is the term which describes the interdependence of nation for trade of goods and…

Q: Discuss the diferences: How do the gains from trade change?

A: The gains from trade are an important factor that facilitates the international trade between the…

Q: The world’s poorest countries are at a competitive disadvantage in every sector of their economies.…

A: Comparative advantage is the ability of an economy to produce goods and services are lower…

Q: Does the US benefit or hurt by economic globalization?

A: Globalization can be understood as a rise of the interdependence of countries as a result of the…

Q: Developed countries of the world trade mostly with ___ a. Other developed countries ___ b. Less…

A: Developed countries:- Developed countries can be explained as the nation with a high living…