International Trade Theory Explain why nations trade with each other. Summarize the different theories explaining trade flows between nations. Recognize why many economists believe that unrestricted free trade between nations will raise the economic welfare of countries that participate in a free trade system. Explain the arguments of those who maintain that government can play […]
Describe the changing nature of the global economy. Explain the main arguments in the debate over the impact of globalization.
Globalization Understand what is meant by the term globalization. Recognize the main drivers of globalization. Describe the changing nature of the global economy. Explain the main arguments in the debate over the impact of globalization. Understand how the process of globalization is creating opportunities and challenges for management practice.