global economy at IUBH Internationale Hochschule

Flashcards and summaries for global economy at the IUBH Internationale Hochschule

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Study with flashcards and summaries for the course global economy at the IUBH Internationale Hochschule

Exemplary flashcards for global economy at the IUBH Internationale Hochschule on StudySmarter:

International companies are those that operate across ____

Exemplary flashcards for global economy at the IUBH Internationale Hochschule on StudySmarter:

Global trends influence the role and position of nation states. Three critical aspects that are affected include:

Exemplary flashcards for global economy at the IUBH Internationale Hochschule on StudySmarter:

Criticism of globalization mainly focuses on the effect it has on domestic and international labor markets, on weakening governments in developing countries, and on disregarding ______ standards when producing abroad.

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Exemplary flashcards for global economy at the IUBH Internationale Hochschule on StudySmarter:

Four areas of change have led to increasing global economic activities and globalization in general:

Exemplary flashcards for global economy at the IUBH Internationale Hochschule on StudySmarter:

One of the most important aspects of political changes in the early 90s was the end of the ____

Exemplary flashcards for global economy at the IUBH Internationale Hochschule on StudySmarter:

Between the mid-1970s and 2008, currency transactions rose by a factor of____

Exemplary flashcards for global economy at the IUBH Internationale Hochschule on StudySmarter:

The liberalization of markets was often designed to increase____

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Exemplary flashcards for global economy at the IUBH Internationale Hochschule on StudySmarter:

Adam Smith explained that international trade is beneficial between two countries if they each produce one product with an ______ advantage.

Exemplary flashcards for global economy at the IUBH Internationale Hochschule on StudySmarter:

David Ricardo showed that even if one of two countries has advantages in manufacturing two products, it will still prove beneficial for each country to concentrate on the product in which it has a  _____advantage.

Exemplary flashcards for global economy at the IUBH Internationale Hochschule on StudySmarter:

Porter explains competitive advantages on both a corporate and cultural level.

 

Exemplary flashcards for global economy at the IUBH Internationale Hochschule on StudySmarter:

On national level, competitive advantages result from product innovation and______

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Exemplary flashcards for global economy at the IUBH Internationale Hochschule on StudySmarter:

Globalization is the increasing ____among societies and economies worldwide.

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Exemplary flashcards for global economy at the IUBH Internationale Hochschule on StudySmarter:

global economy

International companies are those that operate across ____

International companies are those that operate across national borders

global economy

Global trends influence the role and position of nation states. Three critical aspects that are affected include:

competence

autonomy

legitimacy

global economy

Criticism of globalization mainly focuses on the effect it has on domestic and international labor markets, on weakening governments in developing countries, and on disregarding ______ standards when producing abroad.

Criticism of globalization mainly focuses on the effect it has on domestic and international labor markets, on weakening governments in developing countries, and on disregarding ecological standards when producing abroad

global economy

Four areas of change have led to increasing global economic activities and globalization in general:

Economic changes

Political changes

Technological changes

Societal and behavioral changes

global economy

One of the most important aspects of political changes in the early 90s was the end of the ____

One of the most important aspects of political changes in the early 90s was the end of the Cold War

global economy

Between the mid-1970s and 2008, currency transactions rose by a factor of____

Between the mid-1970s and 2008, currency transactions rose by a factor of 150.

global economy

The liberalization of markets was often designed to increase____

The liberalization of markets was often designed to increase foreign direct investment

global economy

Adam Smith explained that international trade is beneficial between two countries if they each produce one product with an ______ advantage.

Adam Smith explained that international trade is beneficial between two countries if they each produce one product with an absolute advantage.

global economy

David Ricardo showed that even if one of two countries has advantages in manufacturing two products, it will still prove beneficial for each country to concentrate on the product in which it has a  _____advantage.

David Ricardo showed that even if one of two countries has advantages in manufacturing two products, it will still prove beneficial for each country to concentrate on the product in which it has a comparative advantage.

global economy

Porter explains competitive advantages on both a corporate and cultural level.

 

False

global economy

On national level, competitive advantages result from product innovation and______

On national level, competitive advantages result from product innovation and process innovation

global economy

Globalization is the increasing ____among societies and economies worldwide.

Globalization is the increasing interconnectedness among societies and economies worldwide.

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