PART 1: In 260 words Analyze your target country in terms of macroeconomic variables like population, GDP, inflation, interest rate, and others.
1. Hydraulics Equipment Distribution (for oil & gas applications)
2. Kazakhstan (central Asia, former part of Russia)
Energy-rich Kazakhstan, which enjoys 30 billion barrels of proved crude oil reserves (as of January 2014, according to the Oil & Gas Journal), expects to enter the top 10 oil exporters by 2020 through producing 130 million tons of oil per year.
https://www.hellenicshippingnews.com/kazakhstan-eyes-entering-top-10-for-oil-production/
PART 2: Read the case study "Shipping Jobs Overseas? Offshoring and Unemployment in the United States" on p. 197 in Chapter 8 of International Economics Theory and Practice.
Critics of cross-border trade and investment activities often referred to as globalization in the United States, labor unions in particular, have forcefully argued that it leads to the outsourcing of well-paid manufacturing jobs overseas, creating unemployment at home that undermines economic growth and improved standards of living as the case purports. Proponents have countered by saying that globalization opens new markets for US companies akin to the Product Life Cycle theory among others.
Argue in a minimum of 1,050 words, using this case study as the basis, either as an opponent or proponent of cross-border trade and investment activities.
Cite a minimum of 3 peer-reviewed references from the University Library.
Format assignment consistent with APA guidelines.
Attachment:- Case Study.rar