Question: What is globalization ? Some groups are negatively effected by globalization. Please give an example to those that are adversely (negatively) affected by globalization. How

  1. What is globalization? Some groups are negatively effected by globalization. Please give an example to those that are adversely (negatively) affected by globalization.
  2. How do countries measure foreign direct investment (FDI)? What are stocks and flows of FDI?
  3. Some firms enter foreign markets to use foreign production to lower costs. How does it happen?
  4. What are joint ventures? What are some of their advantages and disadvantages?
  5. How does the Theory of Absolute Advantage explain international trade? Please explain.
  6. What are quota restrictions in international trade? What type of quotas do we see?
  7. How does Eclectic Theory of International Production explain foreign direct investment (FDI)?

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