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- 7. List disadvantages for a domestic economy and the citizens of home country that come as a result of Firm's decision to go global. How could the Firm mitigate these disadvantages?Provide at least two (2) examples/case studies of international modes of entry utilizedby multinational corporations in Thailand, Malaysia and South Korea that havesucceeded or failed. The name of the multinational must be clearly stated in eachexample. Be sure to state the mode of entry utilized in each example in each country.Why do you think they would have succeeded or failed in each example included?Give 1 global trade issue and how do you think the government should resolve it. essay form not from the internet please
- Which one of the following is NOT a reason a company decides to enter foreign markets? A) To spread business risk across a wider geographic market base B) To build the profit sanctuaries necessary to wage guerrilla offensives against global challengers endeavoring to invade its home market C) To capitalize on company competencies and capabilities D) To gain access to more buyers for the company's products/servicesE) To achieve lower costs and enhance the firm's competitivenessWhat is the most common way to measure the current size and marketpotential of a country? a. Gross domestic product b. Gross national income c. Purchasing power parity d. Trade deficit e. Trade surplus8. We discussed six Modes of Foreign Market Entry. List in bullet points these modes.
- Critique the statement by Lord Robertson “Globalization will make our societies more creative and prosperous, but also more vulnerable”.Does the U.S. have a trade deficit or surplus? (Research this separately) What are the arguments for protectionism or free trade? How is this affecting (expected to affect) the economy (consumers, business dealings, prices, tariff income generated, etc.) Read Ezekiel 28:18, and Proverbs 31:18. How does trade played an important role in biblical times.nternational Trade Theory seeks to answer two basic questions. Choose the best answer. Question 6 options: a) Nations trade for economic, political and cultural reasons b) Wealth of nations is derived from the division of labor and specialization. c) Nations, like Firms, face the same "make or buy" decisions. d) Nations trade because they possess advantages. e) The correct answer is "a" and "c"
- Read the following excerpt from a detailed article on globalisation and The ability of countries to rise above narrow self-interest has brought unprecedented economicwealth and plenty of applicable scientific progress. However, for different reasons, not everyone hasbeen benefiting the same from globalization and technological change: wealth is unfairly distributedand economic growth came at huge environmental costs. How can countries rise above narrow selfinterest and act together or designing fairer societies and a healthier planet? How do we makeglobalization more just?According to Christine Lagarde, former President of the International Monetary Fund, “debatesabout trade and access to foreign goods are as old as society itself ” and history tells us that closingborders or protectionism policies are not the way to go, as many countries doing it have failed.Lagarde defends we should pursue globalization policies that extend the benefits of openness andintegration while alleviating…There are FIVE (5) modes of entry into foreign markets. Identify and elaborate each mode with appropriate examples. In your opinion, how does Covid-19 pandemic, affected the modes of entry to foreign markets.International Trade Theory seeks to answer two basic questions. Choose the best answer. Question 6 options: a) Nations trade for economic, political and cultural reasons b) Wealth of nations is derived from the division of labor and specialization. c) Nations, like Firms, face the same "make or buy" decisions. d) Nations trade because they possess advantages. e) The correct answer is "a" and "c"