Your textbook discusses precursors to globalization (ımperialism, colonialism, westernization, and Americanization). Which of these do you think was the most influential of the precursors? Why?

Q: Who first developed the theory that the size of the market would encourage specialization and lead…

A: Specialisation and higher productivity principle was introduced by classical economists.

Q: 4. Give some examples of “effects of Globalization in the Government”. 5. What are the challenges…

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Q: Discuss the main theories underlying mercantilism and justify its relevance in current times by…

A: Mercantilism is economic theory that supports the government intervention in the economic…

Q: 1- What is the basic concept of protectionism? Who does it protect? How does the protection manifest…

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Q: 12 12. The key idea behind the concept of mercantilism is that countries: A) A. did not need…

A: Mercantilism was such a kind of economic system in which international trade that spread over from…

Q: What reason does Thomas Paine provide that it would be a disadvantage for the colonists to be tied…

A: Thomas Paine became a British-born political writer and advocated for ongoing causes in America and…

Q: 1.What is the relationship among property rights, corruption, and economic progress? How important…

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Q: Economics 2. Suppose Country X is hit by an earthquake that destroys virtually all of the…

A: The following problem has been answered as follows:

Q: Refer to the above table. What was Finland's investment in 20192 O $675 $1090 $1491 $1793

A: Investment in 2019 = Household purchase of new housing + purchase of capital equipment + inventory…

Q: the challenges brought by globalization?

A: Answer for 1.1 These are the challenges brought by the globalization International Recruiting. ...…

Q: EXPLAIN THIS What's the relationship of Globalization in Culture? What are the contributions of the…

A: Globalization refers to the acceleration of people, commodities, and service movements and exchanges…

Q: 1.     What are the benefits of Asian regionalism? 2.     What are the challenges faced by Asian…

A: 1. Travel decisions are getting less expensive and More clear for everyone  In any case, residents…

Q: 1.     What is the difference between the terms Global South vis-a-vis global North?

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Q: 9. If the Iraq' production possibility frontier was flatter to the milk axis, whereas UAE's was…

A: The correct answer is that no enough information is given because for or Iraq we know that it…

Q: 1.     What are the challenges faced by UN in maintaining global security? 2. Why are Brazil, India,…

A: We live in a time of rapid change, with international security becoming more complicated and…

Q: 1. Trade patterns a. How big is world trade today in percentage of world GDP? b. When did world…

A: Gross domestic product (GDP) is the standard measure of the value added created through the…

Q: Is globalization leading to cultural convergence (i.e., grow similar over time)? If so how?

A: The cultural convergence states that the cultures will become more and more similar when the…

Q: 1. is there any differences between the theory of multinational enterprises and conventional trade…

A: Trade: Trade is the primary theory of economics that incorporates the purchasing and selling of…

Q: 1.

A: Globalisation is the interaction of one country with another in context of economics, culture ,…

Q: At one time, it was believed that the way for a nation to prosper was to export as much as possible…

A: Export: It refers to the sale of goods and services which is being done by one country to other…

Q: 1) what is the economic point of view of globalization? 2) How can globalization become more just?…

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Q: 2) How can globalization become more just? 3) What does it mean by ecological globalization ?…

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Q: What is a role of UN in development of international law? Explain your

A: United Nations is an organization that aims to maintain harmonious relationships among nations in…

Q: explain how interest groups, protest movements media, and international agencies influence policy…

A: The economies around the world tend to work upon the basis of the working of various different…

Q: 3.Is free trade system beneficial or not? 4. Why loss of culture is one of the negative effects of…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: 5. What are the advantages and disadvantages for a U.S.-based multinational firm entering a mature…

A: Mature market economies These types of market economies will generally utilize market influences…

Q: The world has never been more deeply connected by commerce, communication, and travel than it is…

A: The growing interdependence of the economies, population, and cultures of the world that is being…

Q: 1. what is multicuturalism? 2. how does multiculturalism affect the economy and global business?

A: Multiculturalism, the view that societies, races, and nationalities, especially those of minority…

Q: 12. For a company that produces candy canes, sugar is 70 percent of its ingredient costs. The United…

A: Below is the given information: The portion of sugar cost in total ingredient costs = 70% The…

Q: What is the difference between Economic and Political Globalization?

A: Globalisation means expansion of the boundries of activities which includes economical, polictical,…

Q: 17- What is the outcome of globalization? a. All of the options b. Downsizing c. Buy outs d.…

A: Globalization: Globalization is the interaction by which individuals and products move effectively…

Q: current news articles about Chinese president Xi Jinping. What appears to motivate Xi’s increasing…

A: According to IMF forecasts for 2021, the United States will be ahead by $6,033 billion, or 1.36…

Q: Mr.Salim is running a perfume shop in Matrah. Even though he has small business, his business…

A: Salim produces his goods in one country but sells the same goods in multiple countries. This is a…

Q: 14. The most obvious benefit of specialization and trade is that they allow us to consume more goods…

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Q: Context In this week's discussion, you are going to be the CEO of a company. In anticipation of the…

A: * ANSWER :- *

Q: 1.Does it mean the integration of economic, political, and cultural systems around the world? 2.Does…

A: As economies and societies developed, the study of economics got more complicated. Hence, as a…

Q: 1. What do you think is/are the both positive and negative effects of globalization in ones’ life as…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Examine the gap between rural and urban areas across the globe. How is that gap affected by…

A: Globalisation is a process where countries are interconnected and participate in the global…

Q: 1. Notice how U.S. imports rose at roughly the same rate asthose of other countries until the 1970s.…

A: Since you have asked multiple question, we will solve the first question for you. If you  want any…

Q: 1. What are the benefits of Asian regionalism? 2. What are the challenges faced by Asian…

A: The term regionalism means to divide the planet earth into various segments on the basis of regions…

Q: 1. What forces drive globalization? Is the interaction of these forces amicable or combative? 2.…

A: Macroeconomics is a part of economics that deals with production, decision and allocation concerning…

Q: Kindly answer in narrative form. Please cite your sources. Thank you so much! 1. What Trade: (You…

A: Exports  Exports refers to the process where the country sells there commodities and services to…

Q: 1. Evaluate the over-all impact of globalization in terms of socio-economic aspect in our country.…

A: Globalization occurs when countries interact with each other and perform trading activities.