Please do not give a long answer. it should be enough to answer the question and stay to the point. Thank you

1. Describe the shifts in the world economy over the past two decades. What are the implications of these shifts for international businesses based in Great Britain? North America? 2. "The study of international business is fine if you are going to work in a large multinational enterprise, but it has no relevance for individuals who are going to work in small firms." Evaluate this statement. 3. 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? 4. "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. 5. How might the Internet and the World Wide Web affect international business activity and the globalization of the world economy? 6. If current trends continue, China may be the world's largest economy by 2050 . The country has managed to lift 800 million out of poverty. Discuss the possible implications for such a development for: a. the world trading system. b. the world monetary system. c. the business strategy of today's European- and Canadian-based global corporations. d. opportunities for companies capitalizing on China's markets