1) How important is Globalization in changing global interstate and global governance? 2) Give one global problem in the 21st century and explain its possible
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- In what way does comparing a countrys exports to GDP reflect its degree of globalization?Suppose we extend the circular flow model to add imports and exports. Copy the circular flow diagram onto a sheet of paper and then add a foreign county as a third agent. Draw a rough sketch of the flows of imports, exports, and the payment for each on your diagram.1. What is the difference between the terms Global South vis-a-vis global North? 2. How do Asian countries cope with the rapid growth of globalization?
- a. Explain how competitive advantage play a role as one of the globalization driver ?1.How has globalization had a major impact on countrys economy? 2.what is one of the core propostions underpinning an istitution-base viewbof global business 3.what is the advantage of and disadvantage of globalization and its impact on the economya.Why is it important to manage Globalisation? b.What are the consequences of NOT managing Globalisation?
- How does Covid-19 affect the opening of classes this school year 21-22?What is the role being by the three (3) world major organizations in globalization?2. How does globalization help our way of life?Should economists be in favour of globalisation? Discuss with respect to at least threeof the following areas:a) Comparative advantage and gains from tradeb) Trade and growthc) Migrationd) Winners and losers from globalisatione) Rodrik’s Policy Trile