Question: Question One Globalisation is a phenomenon which has penetrated different countries in the world with several countries subscribing to trade and cross border investments drive.
Question One Globalisation is a phenomenon which has penetrated different countries in the world with several countries subscribing to trade and cross border investments drive. With the advent of globalisation, trade and cross border investments have been rolled out to the various countries in different disciplines. At the sametime, the investors have emerged from different countries of the world to appropriate locations in which they aim at providing goods and services. Globalization has been advanced by a number of global institutions such as the World Bank, IMF, International businesses or multinational businesses have taken advantage of using various modes of serving different markets in several respective countries where they operate in. Companies feel that it is not enough for them to trade in their own domestic or local markets and this is one motivation driving modern businesses to striving to production and export of products (and or services) into foreign or international markets in various countries. Explain how Zambia has either benefited or not from being members of the World Trade Organization (WTO) which is one of the global institution. [40 Marks]
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