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79. Globalization critics argue that the decline in unskilled wage rates in advanced economies is due to the:
80. Growing income inequality between the skilled and unskilled workers in advanced nations, such as the
United States, is a result of the:
81. In the context of the environment, globalization critics argue that:
82. The NAFTA was formed in 1994 between:
83. Which of the following is the most appropriate solution to the problem of rising carbon dioxide emissions in
developed economies?
84. A concern voiced by critics of globalization is that today's increasingly interdependent global economy
shifts economic power toward:
85. Which of the following statements supports the claim that the gap between the rich and poor nations of the
world has gotten wider because of globalization?
86. Which of the following is a power of the WTO?
87. Which of the following is NOT a concern for managers in international businesses?
88. Free trade alone, some argue, is a necessary but not sufficient prerequisite to help the world's poorest
countries bootstrap themselves out of poverty. They also recommend:
89. The minimum that a firm has to do to engage in international business is to:
90. Ryan is the executive general manager of a U.S. multinational and Veronica is a manager in a similar
position, but works for another U.S. company that operates only in its home country. In this context, which of
the following business functions will be most typically exclusive to Ryan?
91. What is globalization? Explain, with examples, how global companies can facilitate the creation of a global
market.
92. Explain the concepts of "globalization of markets" and "globalization of production."
93. Briefly trace the history of the G20 and describe its current role in international business.
94. Explain the factors that led to the Great Depression of the 1930s.
95. What were the implications of the Uruguay Round held under the umbrella of GATT for international
business?
96. What is a multinational enterprise? What have been the two most notable trends in multinational enterprises
since the 1960s?
97. In the context of international trade and investment, describe how the former communist nations of Europe
and Asia have been changing.
98. Elaborate on why globalization is not inevitable.
99. Discuss the arguments for and against globalization regarding jobs and income.
100. Discuss the concerns voiced by critics of globalization regarding labor policies and environment.
101. What are the various reasons for economic stagnation in many of the world's poorest countries?
102. Why are supranational organizations, such as the World Trade Organization and the United Nations,
criticized?
103. What are some of the challenges faced by managers of an international business?
104. How is managing an international business different from managing a purely domestic business?
105. Briefly discuss the ways in which technological change has affected globalization.
