Traditional international trade theories
Problem 1: What are some of the traditional international trade theories that support the concept of globalization?Problem 2: List the major drivers of globalization and give three examples of each.Please give at least two references.
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Problem 1: What are some of the traditional international trade theories that support the concept of globalization? Problem 2: List the major drivers of globalization and give three examples of each.
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Evaluate: "Society does not need laws outlawing monopolization and monopoly. Inevitably, monopoly causes its own self-destruction, since its high profit is the lure for other firms or entrepreneurs to develop substitute products."
ABC is monopoly seller of aluminum in the U.S. and sells no aluminum on the world market. It sells aluminum domestically for $2500 per tom and its average cost is $2200 per ton. The world price is $2000 per ton. (High tariffs prevent foreign firms
If your answer is to expand: Should General Motors invest in new plants, equipment, or technologies? Should General Motors consider a merger with another organization? Explain your reasoning and explain global competition implications.
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