The arguments forglobalization include all, except: It lowers the price of goods due to free trade It keeps population growth to manageable levels It allows individuals to maximize their returns on their skills Competition encourages innovation It helps people to arrive at global solutions
Q: Which of the following strategies of multinational companies is more likely to reduce costs?…
A: A multinational company refers to the type of a firm that operates its business in more than one…
Q: According to Ghemawat, globalization is a future social condition True or false
A: Globalization is described as the spread of technology, products, jobs, and information across…
Q: What terms best describes the existing needs that are similar or identical across different nations?…
A: The existing needs of people in one country that are similar or identical across different nations,…
Q: It has been observed that the growth of globalization since the 1990s has been accompanied by rising…
A: Here, it is given that globalization has increased inequality in most of the high-income countries.
Q: Heckscher-Ohlin Model - Example Please, provide and briefly explain an example of 2 countries, whose…
A: The nations around the world tend to have a limit to the amount of resources which they have, while…
Q: The distribution of income has become more unequal in developed countries because? Select one:…
A: The distribution of income has become more unequal in developed countries because trade has reduced…
Q: total production) than smaller countries? a) Smaller countries tend to be poor so there are not…
A: International trade refers to the exchange of goods and services across borders.
Q: Which among the sentences stated below can be said to be most true O Analyzing the literacy rate,…
A: In an economic, economic efficiency is classified as allocative and productive that can be obtained…
Q: Which among the following is a notable difference between ASEAN and EU?ASEAN is geared to the…
A: The ASEAN ( Association of Southeast Asian Nations) can be defined as an economic union of ten…
Q: lobalization of technology and communication is the sourcing of goods from different countries to…
A: Globalization is the process by which firms expand their production in international markets.
Q: Globalisation of production and of markets ushered in myriad of benefits to all nations particularly…
A: Introduction Globalization is slowing due to a variety of factors, including the United States'…
Q: Globality is the spreading and deepening consciousness of the world as a whole True or false
A: Globality is the awareness of the entire world as a single entity. Roland Robertson, a British…
Q: Which of the following elements demonstrate the degree of globalization? Group of answer choices A…
A: The term "globalization" refers to the increasing interdependence of the economies, cultures, and…
Q: Globalization tends to: Group of answer choices increase the labor demand for exporting…
A: Globalization is defined as the integration of one economy with the rest of the world. With the help…
Q: A “new world order” is meant to describe: An era where nations would work together for global…
A: In the Global market or world, political factors are highly responsible for the economic activities…
Q: Opponents of free trade zones might use this map to argue that free trade encourages conflict among…
A: Free trade: It is a great extent hypothetical strategy under which governments force positively no…
Q: California' s modern economy, which has positioned it as among the most productive economies in the…
A: Natural Resources: The term natural resources are those resources that we get from nature and these…
Q: Which of the following is a term that refers to the phenomenon that developing countries are…
A: Premature deindustrialization: It is an economic phenomenon wherein an economy that is in its growth…
Q: The arguments againstglobalization include all of the following, except: Freer trade has resulted in…
A: Globalization is the process of integrating the domestic economy with the global economy.
Q: When a country or nation decides to globalize, it is typically centered on trade and commerce with…
A: The above statement is (A) True.
Q: The expansion of world trade implies that nations are becoming less dependent on each other for…
A: Globalisation means that trade expansion beyond the domestic boundaries . Country can sell or…
Q: Q5) a)Because of their relatively small national economies, which of the following is most…
A: Qn5 a) International trade Explanation: Belgium, Korea and Canada are the small national economy.…
Q: Specialization is economically useful because it can Question 7 options: Help workers develop…
A: Economies of scale are cost benefits harvested by organizations when creation becomes effective.…
Q: The Lewis two sector model characterised by the lack of progress on reducing emissions to restrict…
A: The Lewis two sector model consists of two sectors: Capital Sector Subsistence Sector
Q: The claim that international trade promotes sweatshop working conditions in developing nations is…
A: There may be poor working conditions for workers in outsourced counties if their was no minimum…
Q: Jan Aart Scholte (2000: 15-17) has argued that at least five broad definitions of ‘globalization’…
A: Globalization, according to Jan Aart Scholte, is defined as "internationalization."Globalization is…
Q: A growth process whereby relatively poorer nations increase their income by taking advantage of…
A: Catch-up growth: - it is an economic theory that states that the poor or developing countries grow…
Q: OECD encourages countries to continuously supply various medical products to least income countries…
A: Here, it is given that the OECD encourages developing or developed nations to provide medical…
Q: Zambia, as a developing country, has a large external debt which is interfering with its economic…
A: The Balance of Payments (BOP) basically refers to a statement that records all monetary…
Q: International firms will invest in less developed countries at the beginning of their production…
A: The companies after achieving the profits in the developing countries in the world would expand…
Q: Nations try to reconcile conflicting economic goals. The main one is: Innovation versus economic…
A: Scarcity is one of the economic problems which means human wants are unlimited but the supply of…
Q: Economic growth in a PPF is shown as a movement down/right along the frontier. a. True b. False
A: A production possibility frontier (PPF) shows the maximum possible output combinations of two goods…
Q: All of the following are features of contemporary international economic relations with the…
A: The answer is - A. Economic growth
Q: What would be the most feasible option available to governments around the world? They should: Fight…
A: The most feasible option available to governments around the world : Selectively embrace new…
Q: Explain how each of the following situations would affect a nations production possibility curve. A…
A: The production possibility curve is the graphical representation of the different combinations of…
Q: To increase growth, governments should do all of the following except: encourage saving and…
A: Economic development refers to improvement in the social welfare of the population residing in a…
Q: The process of industrialization is no simple affair. Several important questions have to be…
A: Industrialization is a process of setting up industries in an particular region or in a particular…
Q: Globalization can accelerate the spread of COVID-19 pandemic. Hence, many countries took emergency…
A: Globalization refers to global market integration which increase the interdependence of the…
Q: Assume you are starting a new business in a country of your choice and conduct a PESTLE analysis to…
A: This is a PESTLE analysis of FFC (friends fast food cornor ) Explores how the six external factors…
Q: Which of the following statements is not true? a. Globalization is a process driven by international…
A: Note:- Since we can only answer up to three subparts, we'll answer the first three. Please repost…
Q: Rise of China and its effect to the Asian Region Statement of the position Supporting evidence or…
A: Imperial China exerted significant cultural and political influence throughout East Asia. It…
Q: Answer it in 2 to 4 sentences 1. With the cultural diversity of each group of people in the world…
A: Answer 1. Cultural variety, as opposed to mono-culture, global mono-culture, or cultural…
Q: The proliferation of trade in recent decades has led to a. increased competition. b.…
A: Proliferation of trade means multiplication of trade at a high rate.
Q: Infant Industry protection is a key solution for the growth of industrialization of developing…
A: Protectionism for an economy can be understood as an attempt in developing the new manufacturing…
Q: Agree or Disagree and Explain. Globalization is harmful to local cultures, their artistic…
A: Globalization is the movement of goods, technology, information, and jobs across national borders…
Q: Introducing free international trade in the specific factor model expands the set of feasible…
A: International trade refers to the trade between different countries in the international market. It…
Q: discuss the economic and political factors that are driving global integration.
A: Global Integration After India's independence from British rule, the country's economy has grown…
Q: There are potential gains from trade, according to the Ricardian two-country two-good model, but…
A: Building and analyzing an international economic model is a traditional method for presenting the…
- The arguments forglobalization include all, except:
- It lowers the
price of goods due to free trade - It keeps population growth to manageable levels
- It allows individuals to maximize their returns on their skills
- Competition encourages innovation
- It helps people to arrive at global solutions
- It lowers the
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- Which of the following strategies of multinational companies is more likely to reduce costs? local responsiveness designing advertisements in multiple languages sending employees to foreign trips each year global integrationRomilo produces 250 different varieties of potatoes sourced from nearby villages, suggesting he likely lives in: Maine China Ireland Peru, or maybe Chile All of the following are reasons that foreign countries and corporations engage in long-term leases of land or outright land purchases in other countries EXCEPT: These countries and corporations may be concerned about the long-term food security of their home population These countries and corporations have a stated goal of promoting neo-colonialism These countries and corporations may be pursuing a strategy to ensure energy security These countries and corporations may be interested in low prices for labor and land CITES seeks to preserve the existence of endangered species. This existence value is a __________. CITES is effective, but very narrowly focused on __________. public good, fish private good, rhinos…All of the following are "pull factors" associated with land-grabbing in low-income countries except: “Unutilized” land being seen as readily available in many countries Cheaper prices for land in low-income countries Cheaper labor in low-income countries High production costs and rents in high-income countries A rural community in Malawi lives alongside a river but does not have the resources to pump the water for irrigation. Which of the following describes the situation of this community? Hydroshort Physical water scarcity Cultural water scarcity Economic water scarcity Which of the following is most likely true about a large-scale soybean farmer in Midwestern United States? This farmer sells to consumers in the local community This farmer relies primarily on manual labor for production This farmer grows Genetically Modified soybean that is herbicide-tolerant…
- Please assist in answering these questions. The answers do not have to be explained. I will not buy my coffee from “XYZ” Company because of their use of children in production. This consumerism is called b. Company-based purchasing c. Fully screened approach d. Positive Buying The dimensions of globalization are a. Social, environmental, economic, and political b. Cultural, environmental, legal, and economic c. Political, legal, social, and economic Consumerism __________________ Question 11Answer b. posits that it is economically desirable to increase consumption of goods. c. provides that products manufactured are safe for consumers d. is the theory that posits consumers are more important than employees. Which of the following is not a tenet of Corporate Social Responsibility? b. Philanthropic responsibility c. Ethical Responsibility d. Consult with the stakeholders Which model of the BGS relationship assumes that…According to Freedom House "Freedom in the World" 2022 report, countries with aggregate score declines (democracy scores) in the report "Freedom in the World" have outnumbered those with gains every year for the past 16 years. Group of answer choices True FalseAbsolute advantage represents the Question 36 options: opportunity costs of the government. payments to land, labor, and capital. input requirements per unit of output. locational and logistical circumstances.
- This term refers to the processes of cultural mixing that are reflected in various forms of social expression. a. Americanization b. McDonaldization c. Westoxification d. Creolization Political globalization is approached through the following perspectives, except a. It is connected to the expansion of markets which results to the rise of a "borderless world". b. Nation-states are still relevant. c. There will be a need for global governance. d. None of the above There is a generally accepted definition of globalization. Academics have remained united on the utility of various methodological approaches to the study of globalization. a. Both statements are true b. Both statements are false c. Only the first statement is correct d. Only the second statement is correct Globalization comes from the word "globe," which means worldwide coming together of countries and nations. The skeptics dispute the usefulness of globalization as a sufficiently precise and analytical concept. a. Both…Which of the following describe South-East Asian economic centre? Prevailing entrepreneurial capitalism. Coordinated market economies. Coordination by non-market mechanisms. Short-term economic efficiency paradigm.Which of the following would be strategies to increse productivity Invest in accumulating more physical capital Invest in innovation in technology Invest in education All of the above
- Which of the following is not one of the central institutional characteristics of a capitalist system . a) Establishment of free contractual relations as the means of social coordination ( private contracts and relations). b) Establishment of social realm of production and distribution from which government interaction in the allocation of resources and determination of price is largely excluded. c) legitimation of aquisitive behavior ( consumption) as the social norm. d) Continual search for the enlargement of exchange value ( M-C-M) as the active ( or organizing ) principle of the whole itself. e) A demand for and supply of money that are governed by market forces.The brain drain effect refers to: immigration of high skilled labor from LDCs to DCs the impact of comparative advantage on business innovation the influence of globalism on worker wages the effect of education and training upon worker productivityRank the problems in the order of their seriousness within the Philippine situation. You are to give the most serious problem a ranking of 1, the second-ranking of 2, and so on. Here is the list of problems or conditions. Go ahead and rank them: ___ selfish attitude (selfie culture) ___ Lack of agricultural land and poor natural resources ___ Lack of education of people ___ Exploitation and domination by others ___ Lack of personal initiative and indifference of the majority of people ___ Overpopulation ___ Poverty ___ Capitalist economic structures ___ Unrest caused by revolutionaries or leftist rebels ___ Personality cult in the choice of political leaders Kindly explain your ranking.
