One of the major objections to the WTO is human rights and student groups say the IMF and the World Bank prop up regimes that condone sweatshops and pursue policies that bail out foreign lenders at the expense of local economies. True False

Q: Make the case for global economic integration.

A: Global integration, also called economic integration, is the process of bringing together national…

Q: Discuss how the GATT/WTO promote every nations’ economy and liberate the international trade

A: WTO was established in 1995 to supersede the General Agreement on Tariffs and Trade (GATT).  It was…

Q: If, using the same factors of production, France is able to produce more wine than England, France…

A: International trade is the process by which goods and services are exchanged between countries. The…

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: Is globalization in the social interest? Please support your answer with good discussion points.

A: The economies around the world are coming together and are integrating with each other. each economy…

Q: Define and provide examples of the following concepts: 1. Comparative advantage 2. Balance of Trade…

A: Macroeconomics refers to the branch of economics that deals with the economy as a whole for example…

Q: TRUE/FALSE   Globalization can lead to a rise or boost to the international trade.

A: The exchange of products, services, and capital across international borders is alluded to as the…

Q: Give an example of one argument why a country might not to join a common market

A: The nations all over the world are involved in the trading practices with each other. The…

Q: identify the factors that facilitate economic globalization.

A: Globalization:- The term globalization comes from English, as base of the word ”globalization” which…

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: Can a Global South country change its status to Global North or vice versa

A: Meaning of Economic Development: The term economic development refers to the situation under which…

Q: Briefly explain the globalization. What globalization in the world for the development a nation?…

A: Globalization is a cycle through which organizations or different associations make impact, or…

Q: An empirical fact is that a country with more openness to trade than another also has higher GDP.…

A: Gross domestic product (GDP): It is the total monetary or market value of all the finished goods and…

Q: How new is globalization? What has led to increased globalization?

A: Globalization is the process of bringing people from all around the world together. It's the process…

Q: Suppose that the price of ice cream at your local cafeteria is €1.50 per scoop and 600 scoops per…

A: cross elasticity of demand means if there is change in price of 1 good then how much good 2 demand…

Q: Examine the role of WTO in resolving such trade conflicts between countries.

A: The World Trade Organization (WTO) is an intergovernmental body that regulates and supports…

Q: Present opportunities for the Jollibee brought by globalization

A: Jollibee is the brand of Jollibee Foods Corporation. It is one of the Asian fastest growing chain of…

Q: Explain briefly what international investment law does. Why is it important? Is it a good or bad…

A: Investing means putting money into something with the prospect of a future benefit or return. To put…

Q: Which of the following is true about BRIC countries: a. There is low prospects of growth b.…

A: The question is asking us to identify the correct statement about the BRIC countries. BRIC is an…

Q: What is the advantage of developing nations in participating the international trade.

A: International economics trade refers to the exchange of goods, services, and capital across national…

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

A: Trade is considered as one of the basic economic concepts that involve the purchasing and selling of…

Q: How crucial is it to comprehend the phenomenon of modernity in order to study the international…

A: The international system is the framework in which states interact with one another. All states are…

Q: In your opinion, how can we attract new foreign investors to our country in order to develop our…

A: Foreign investment refers to a situation when the individual from a foreign country invest in…

Q: Does a trade surplus help to guarantee strong economic growth?

A: Trade surplus refers to the positive difference between the country’s exports and imports. The…

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: What are two challenges presented in globalization in haiti

A: Globalization occurs when foreign organizations exercise influence over other countries. Haiti…

Q: Whitch of the following do NOT facilitate globalization?  Select one:  a. Improvements in…

A: Globalization means that an increase in interconnection and interdependence among countries,…

Q: True/ False Globalization gives a boost to the international trade.

A: The exchange of products, services, and capital across international borders is referred to as…

Q: Why do countries produce local goods when it is cheaper to import

A: The economist around the world argues that the free trade is the best for every economy as it…

Q: What are the reasons why countries choose to go for economic integrations or continue with a closed…

A: Economic integration is a game plan among countries that commonly incorporates the decrease or end…

Q: How does the Corporate Social Responsibility affects Globalization? Reaction paper

A: Globalization is a powerful arrangement of social cycles that is changing our current social state…

Q: Is trade liberalization good for developing countries? Discuss your answer.

A: Trade liberalization refers to the reduction or elimination of government regulations and/or…

Q: Examine global strategies that South African businesses can use to expand internationally

A: International economics is a branch of economics that studies the economic interactions and…

Q: Generate a scheme on the effectiveness of regionalization to globalization.

A: Regionalism is considered to be a process that is more multidimensional and comprehensive that tends…

Q: how can tariffs encourage domestic production growth?

A: Trade restrictions are any of the many policy tools that the government uses to limit the volume of…

Q: A country that is spending more than it makes a- unstable b- trade balance c- trade deficit c-…

A: The country's commerce and economic activity can be measured by looking at the balance of trade. It…

Q: Describe the importance of the role of the United Nations in world peace and prosperity.

A: The United Nations, established in 1945, is a global intergovernmental organization that aims to…

Q: Aid/help in globalization

A: Globalization has always had two faces in terms of development. For proponents of globalisation, it…

Q: When we adjust income per capita based on Purchasing Power Parity (PPP), differences in income per…

A: Purchasing power parity is a kind of economic theory where it compares different currencies of…