International Trade and Industry Essay

Sample short-answer test inquiries – Lecture 3 Globalization All inquiries must be answered every bit far as possible in relation to your chosen organisation and/or its industry sector as defined in your ‘organization/ industry profile’ . These are ‘short-answer inquiries so think about how much you can compose in 15-20 proceedingss. The taging strategy awards Markss for relevancy. application. quality and originality so give your best reply avoiding irrelevancy. generalization and unoriginality.

1. What is meant by the term ‘globalization’ ? Illustrate your reply with mentions to your chosen organisation or industry. 2. What are the chief indexs of globalisation? Illustrate your reply with mentions to your chosen organisation or industry. 3. Recent rapid additions in universe trade are a major index of globalisation. To what extent is this reflected in the trade statistics for your chosen industry? 4. Recent rapid additions in foreign direct investing ( F. D. I. ) are a major index of globalisation. To what has F. D. I. affected your chosen organisation and/or its industry? 5. Briefly explain what are some of the chief drivers of globalisation. Exemplify your reply with mentions to your ain chosen organisation. industry and/or state.

6. Political and regulative liberalisation are a major driver of globalisation. With mentions to your ain chosen organisation and or industry briefly explicate how this is so. 7. Economic factors are a major driver of globalisation. With mentions to your ain chosen organisation and or industry briefly explicate how this is so. 8. Technological alteration is a major driver of globalisation. With mentions to your ain chosen organisation and or industry briefly explicate how this is so. 9. The ‘triad’ states continue to rule universe trade and FDI but there is an increasing challenge to this place from China. India and to a lesser extent from Brazil and Russia. How do these impact your chosen organisation and/or industry?

10. Briefly explain what are some of the chief barriers to globalisation. Exemplify your reply with mentions to your ain chosen organisation. industry and/or state. 11. MNCs/TNCs are major histrions in the globalisation procedure. How do the activities of MNCs/TNCs relate to your organisation and or industry? 12. How of import are MNCs/TNCs and FDI to your chosen organisation and/or industry? 13. To what extent is your chosen organisation or industry globalized? 14. The chief purpose of the World Trade Organization is to promote the enlargement of international free-trade. How have the activities of the WTO affected your chosen organisation and/or a house ( s ) in your chosen industry sector?

15. Give a brief account of the function of a regional trade understanding or regional trading axis and how it affects your chosen organisation. houses in your chosen industry sector or the state in which your chosen house or chosen industry is based or trades. 16. When sing barriers to merchandise we make a differentiation between duty barriers and nontariff barriers. Explain what is meant by non-tariff barriers and how they apply or could use to your chosen organisation and/or a house ( s ) in your chosen industry sector.

17. Globalization has resulted in increased migration and yet limitations on in-migration are by and large stricter than earlier. Briefly explain in relation to a state in which your organisation or industry operates how it has been affected by migration force per unit areas and limitations on in-migration.