Study Guide Spring 2016 Chapters 1-3

Study Guide Spring 2016 Chapters 1-3 - Chapter 1 What are...

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Chapter 1 What are some of the characteristics and consequences of globalization? What are the benefits that a company may have by expanding internationally? What do we mean by globalization of markets and globalization of production? Which factors have enabled globalization of markets in recent years? Which factors may hinder globalization of consumer goods companies? What is containerization? Which markets are more global, the ones for consumer or for industrial goods? What do we mean by outsourcing? What are the roles of the International Monetary Fund, the World Bank and the World Trade Organization? What are the arguments for and against a globalized interdependent global economy? What do we mean by foreign direct investment (FDI)? What is international trade? What is a multinational enterprise (MNE)? Chapter 2 What do we mean by the term political economy? What are the main dimensions that we can classify political systems?
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