International Business midterm

5 cards

intl business


 
  
Created Oct 15, 2010
by
csun1215

 

 
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1
What is gloablization?
 
The shift towards a more integrated and interdependent world economy
-ex: global financial...
2
What are the first component of globalization?
 
-Globalization of markets: opening markets
-the merging of distinctly separate national...
3
What is the second component of globalization?
 
-Globalization of production:
-refers to sourcing of goods and services from locations around...
4
What has globalization created the need for?
 
-created need for global institutions to help manage, regulate, and police the global marketplace...
5
What macro factors drive globalization?
 
-decline in trade barriers
-technological change

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