Question: Please answer the questions below completely. Your answers should be at least 150 words minimum for each question. Cite your references as appropriate. Describe the

Please answer the questions below completely. Your answers should be at least 150 words minimum for each question. Cite your references as appropriate.

  1. Describe the shifts in the world economy over the last 30 years. What are the implications of these shifts for international businesses based in the United Kingdom? North America? Hong Kong?
  2. How have changes in technology contributed to the globalization of markets and production? Would the globalization of production and markets have been possible without these technological changes?
  3. "Ultimately, the study of international business is no different from the study of domestic business. Thus, there is no point in having a separate course on international business." Evaluate this statement.

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