Following questions will be answered:
Analyse the merits of globalisation in terms of their benefits to countries?
It is said that ‘Trade Liberalisation is generally supported by governments’, but many barriers still exist. Discuss why this is the case?
In context of emerging economies (i.e. China) or transition economies (i.e. Eastern Europe), explain how they can benefit from foreign direct investment (FDI)?
Critically evaluate the role of the WTO within world trade and international competition?
Inhaltsverzeichnis (Table of Contents)
- Analyse the merits of globalisation in terms of their benefits to countries?
- Introduction
- Benefits of globalisation
- Negative effects of globalisation
- Conclusion
- It is said that 'Trade Liberalisation is generally supported by governments', but many barriers still exist. Discuss why this is the case?
- Introduction
- Arguments for 'free trade'
- Reasons for protectionism
- Examples for protectionism
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This assignment aims to analyze the merits of globalization, highlighting its benefits to countries, and to discuss the reasons for ongoing protectionism despite the general support for trade liberalization. The paper delves into the complexities of globalization and trade liberalization, exploring both positive and negative aspects.
- Benefits and drawbacks of globalization for countries
- The role of multinational corporations in global markets
- The relationship between globalization and poverty reduction
- The impact of globalization on labor markets
- Arguments for and against free trade and protectionism
Zusammenfassung der Kapitel (Chapter Summaries)
- The first chapter examines the benefits of globalization, including economic growth, increased trade, and technological advancements. However, it also addresses negative consequences such as job losses in developed countries and potential exploitation of developing countries.
- The second chapter discusses the arguments for free trade, including increased efficiency and innovation. It then analyzes the reasons for protectionism, such as the need to safeguard domestic industries and the desire for government revenue.
Schlüsselwörter (Keywords)
The key terms and concepts explored in this assignment include globalization, trade liberalization, free trade, protectionism, foreign direct investment (FDI), tariffs, quotas, non-tariff barriers, comparative advantage, and economic development.
- Quote paper
- Miriam Mennen (Author), 2006, International Business Environment: About the merits of globalisation, the role of WTO in world trade, emerging and transition economies (China and Eastern Europe) and trade liberalisation, Munich, GRIN Verlag, https://www.hausarbeiten.de/document/145498
