Question: 1. How is globalization changing global business? Write your answer using concepts and theories discussed in class? Do you think globalization reduces jobs and decreases

1. How is globalization changing global business? Write your answer using concepts and theories discussed in class?

Do you think globalization reduces jobs and decreases wages for Canadians? Discuss with a yes or no answer and provide information/examples to support your argument.

Name and describe three economic systems. Which economic system is the most common and why?

What are the strengths and weaknesses of the market economy? Write your answer citing examples.

What are the strengths and weaknesses of the command economy? Write your answer citing examples.

Why is the GDP growth rate so important for international business? Write your answer citing examples.

What are the key characteristics of a low-income country? What are the challenges and business opportunities in low-income countries? Write your answer citing examples.

What are the key characteristics of a lower-middle-income country? What are the challenges and business opportunities in lower-middle-income countries? Write your answer citing examples.

What are the key characteristics of the upper-middle-income country? What are the challenges and business opportunities in upper-middle-income countries? Write your answer citing examples.

What are the key characteristics of a high-income country? What are the challenges and business opportunities in high-income countries? Write your answer citing examples.

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