Challenges Of Firms In A Global Evonomy Flashcards
Name two ways too look at globalization
Ideologically: neoliberalism
Empirically: wider geographical supply chains
What is the hyperglobalist view
That nations have become irrelevant economically speaking
What is meant by the phrase, we dont have a globalized economy we have an international one
That movement of people an money across borders has not reavhed the pre ww2 levels proportionally
Has a causal link between globalization and equality been established
No, globalization is too complex to draw such a conclusion
TNC’s engage in FDI
By definition yes
Localization is a trend observable in addition to globalization
Yes, specific clusters gain a disproportionate importance either through their specialization and integral role in global networks or just through historic accident.
After ww1 international ties between firms has become deeper
True
