Give a trade, FDI, or immigration-related phenomenon from the real world. The phenomenon could be from any country/part of the world, but it has to relate to globalization (trade, FDI, or immigration). (excluding Backlash against globalization in advanced countries and Brexit, which was partly driven by immigration from Eastern Europe into the UK.)

Briefly describe the phenomenon.

Use a relevant model to explain this phenomenon.

Provide assessments of this phenomenon. Is it grounded in economic theory? Can the negative impacts (if any) be mitigated with economic policy? If there are positive impacts, does everyone gain equally?

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The term globalisation refers to the rising interdependence of the worlds economies cultures and populations as a result of crossborder trade in commodities and services technology and investment peop... View the full answer