What are the complaints of LDCS against free trade? How do you counter argue for them? Explain clearly the cases of immiserizing growth hypothesis and Dutch Disease with examples. Be thorough and answer in detail
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- Does a trade surplus help to guarantee strong economic growth?Will free trade and perfect competition lead to an equalization of wage rateacross countries? Explain. Why would the wage rate vary between developedand developing countries in the same sector in a real world situation, even afterthe adoption of free trade?What is/are the contribution/s of Crayola in Socio-Economic Globalization?
- a) How is a country's economic well-being enhanced through free international trade in goods and services, especially since the pandemic?1) Evaluate how the used of technology and digital transformation create the path to the sustainalbe development in a country and explain if it is helpful considering the current economic climate? Note: This evaluation will MUST be supported by authoritative sources. You are expected to provide references to at least five (5) pieces of documented material that support your views. 2) Translate: how does the used of technology and digital transformation create the path to the sustainalbe development mean to to an accountant? 3) Explain to full detilals The Path to Sustainable Development for Jamaica.” (Note: please provide answer in 4-5 paragraphs) NB: Answer question 1-3Select one country and review its progress in economic globalization. 1. What has economic globalization meant to the selected country? 2. Does the selected country benefit or hurt by economic globalization? 3. Is trade within this country a significant component of development? 4. How about the development of capital and finance sectors in this country? 5. Who are the important external players? IMF? WTO?
- Why is the import-substituting industrialization policy considered too costly and fails to increase the economic development of developing countries? a. This policy is complex and time consumingb. tariffs are too high for consumers and importers must also import materials from abroadc. This policy creates inefficiency in the domestic industryd. all answers are correctWhy is there opposition to globalization of trade and integration of the world’s economy? Please assess the major arguments for and against such globalization efforts. (Be sure to review your chapter on this). Hint - a Table might prove useful here.were the answer Globalization and the Asia Pacific and South Asia 1,2,3 numkber? please kindly arrange it !
- Please answer ASAP and in short and. The should not be copied Global value chains(GVC) account for about half the world’s trade today. What are the main potential benefits and challenges faced by firms in developing countries trying to insert themselves in GVC?Elaborate the degree to which other emerging nations can establish a benchmark against Rwanda in order to attain a comparable trajectory of growth and development in C. Nweze's (2018) case study titled "The Unprecedented Economic Growth and Development of Rwanda,"Discuss the positive or neg ative impacts of globalization on the developing countries in general and Africa and Ethiopia in particular by loo king at their: Economy Politics Cuture Security