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More and more global business firms are becoming stateless corporations. Do you think this may benefit the world economy? Why or why not?
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- Do the jobs for workers in low-income countries that involve making products for export to high-income countries typically pay these workers more or less than their next-best alternative?why it is necessary for Ghana to cooperate with other nations?What are some costs of entering a globalized market? Do you think that the organization would prosper under even greater globalized markets?
- Compare the roles of the United Nations, the World Bank, the European Union, the World Trade Organization, and nongovernmental organizations. If you could gain the support of just one of these institutions for a policy you favored, which would you choose? Why?Is globalization the best way forward for the world economy? Or does it keep developing countries under the thumb of the wealthy?Why are the World Bank and IMF relevant for global businesses?
- What do you mean by OECD nations?The World Bank estimates that half the world’s people survive on less than $2 per day. How do you think this situation affects the political stability of the world? Explain your answer.If a country is expected to achieve its goal of becoming a high-income country, but there are various domestic and global challenges that they currently face, what economic policies/strategies should be used to achieve its goal?
- What are the measures adopted for the globalisation?What are the advantages and disadvantages of free trade? Do these arguments fully hold in relation to both developed and developing countries?For all of their diversity, less developed countries are linked by a range of commonproblems.Which problems do you think are the most important? Why?