Should economists be in favour of globalisation? Discuss with respect to at least three of the following areas: a) Comparative advantage and gains from trade b) Trade and growth c) Migration d) Winners and losers from globalisation e) Rodrik’s Policy Trile
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Should economists be in favour of globalisation? Discuss with respect to at least three
of the following areas:
a)
b) Trade and growth
c) Migration
d) Winners and losers from globalisation
e) Rodrik’s Policy Trile
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Solved in 2 steps
- Is globalisation a force for good in the world economy?Discuss with respect to at least three of the following areas:a) Comparative advantage and gains from tradeb) Trade and growthc) Migrationd) Winners and losers from globalisatione) Brexit or COVID-19Critically assess the view that the process of globalization has brought advances in development to all regions across the globe. In your answer, you should refer to specific globalization theorists include citiationAfter the Seattle 1999 World Trade Organisation Ministerial Conference there were many demonstrations against the idea of globalisation. Why were these demonstrations mostly directed at the IMF? Why do some marginalised groups in the USA and canada reject the idea of globalisation? In answering consider NAFTA (North American Free Trade Agreement).
- Describe the Pros and Cons of Globalisation in the wave of cross continental, cultural barriers from the perspectives of (a) Global Economy ; (b) Social & Cross Cultural ; (c) Technological of 5G and Digitalisation ; (d) Environmental ; (e ) Legislation. Notes-I need long answer for this homeworkHow does each FACTOR/ DRIVER contribute to globalisation?Define Globalisation and outline some of the main features of this phenomenon.
- What is Rodrik's Trilemma, especially in the context of Globalisation? (slightly in depth)Why do some marginalised groups in the USA and Canada reject the idea of globalisation? In answering consider NAFTA (North American Free Trade Agreement).Provide an overview of how the drivers of globalisation encourages the world economy from a micro and macro perspective
- Who are the participants in the globalisation of the economy? 1 Transnational Financial and Economic Institutions 2 Nongovernmental Institutions 3 Organizations of World Government 4 Transnational Businesses (TNCs)How does globalisation impact a firm’s strategy? Please Provide (Theory, discussion and examples ) 1000 words and referencesthe world due to covid is transitioning from globalisation to regionalisation. explain the consequences of a decrease in globalisation in developed and developing countries
