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- International economics is theory that helps explain how the real world works. Is this statement true or false?International economics is theory that helps explain how the real world works. Is this true or, based on life experiences (including education), there are some doubts to MANY doubts?What is international economics about ? What can a country gain from trade ? Explain by giving examples.
- In the context of governance and politics, internationalism which was coined by Jeremy Bentham is supported by which statement?Your rich great uncle left you some money to buy a new car. If you plan to purchase a foreign car, how might trade barriers impact the price that you have to pay for that car?Your choice! Make an argument for globalization or for protectionism.
- Do you agree with the advocates of globalism who believe that the global integration of economic markets is beneficial for everyone? Give examples to justify your answer.You are in the business school, so here is a business problem. You can import and export goods from any of these countries. Which countries would it be better you to buy the good and sell it to you neighbor at original price? This is a thought question.Describe the U.S role in the world economy.
- According to the globalist viewpoint, organisations like the United Nations and International Monetary Fund have a negative impact on nation-states. True FalseAsia has a global influence both in the past and in the present because Asia is a major world player in the economy and trade is that true or falseWhat can be worth more or less in international markets depending on how trustworthy the government is that created it, and the available supply and level of demand? Gold standard Commodity Cryptocurrency Fiat currency