Question: True/False & Explain. Choose 5 to respond to. State whether the following statements are true or false (or something in between) and explain your answer
True/False & Explain. Choose 5 to respond to. State whether the following statements are true or false (or something in between) and explain your answer based on your understanding of course content. Credit is based on the completeness and accuracy of the explanation!
- The WTO has been taking away the ability of countries to regulate labor markets and protect the environment because these policies interfere with free trade.
- The global economy has steadily been moving closer and closer to free trade ever since World War II.
- Democratic governments and free markets are necessary to successfully globalize a country.
- Regional/Preferential trade agreements are an economically-better approach to globalization than a multilateral agreement like the WTO.
- Industrial Policies in East Asia were completely successful in spurring their growth and development.
- China is following the same path of globalization and development as the countries that were part of the East-Asian Miracle (Asian Tigers S. Korea, Taiwan, Hong Kong, Singapore).
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