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- Critically discuss the importance of culture to international business. Please provide (Theory, example and discussion) 1000 words and referencesTopic: The Small Open Economy, International Capital Flows and the Trade Balance Question: Why could trade deficits be a problem to a macroeconomy and why could trade deficits be beneficial for the economic development of developing countries?Integration within Asia region has been progressing significantly in recent years. This may be observed from the rise in intra-regional trade and flows of investment within the region. There are also a number of initiatives which support the greater linkage between economies. In line with this, do you think that is there a possibility for the establishment of a single Association of Southeast Asian Nations (ASEAN) currency? What will be the advantages and disadvantages of this in regional economic integration?
- Outline four (4) the ways in which international business differs from domestic business. Support your response with relevant examples.Question 1 (a) Explain what productivity measures. (b) List and describe 3 factors of labour productivity. (c) International data show a positive correlation between political stability and economic growth. (i) Through what mechanism could political stability lead to economic growth? (ii) Through what mechanism could strong economic growth lead to political stability? Question 2 (a) Distinguish between a government deficit and trade deficit? (b) Would you rather live in a nation with a with a high per capita GDP and a low growth rate, or in a nation with a low per capita GDP and a high growth rate? (c) Briefly explain the quantity theory of money and how it is related to inflation. (d) Suppose A&K Sound System is considering building a record studio in Cayman Islands. (i) Assume that A&K Sound System needs borrow money on the bond market. Why would an increase in interest rates affect the decision whether to build the studio? (ii) If A&K Sound System has enough of its…how the financial market of China and India work to evaluate the feasibility and attractiveness of the worlds leading companies international expansion including trade,invesment and development.
- From the book "Power and Plenty: Trade, War, and the World Economy in the Second Millennium" by Ronald Findlay and Kevin H. O'Rourke (2007) and "A History of the Global Economy: From 1500 to the Present" by Joerg Baten (2016). Discuss how does financial institutions and access to capital shaped the economic foundations of nations and lead to the varying ability of countries to invest in proximate factors such as physical capital and human capital. (please include a bibliography)There is a Eurozone recession. what are some strategies that the Eurozone member nations can consider to fix it? (Specific monetary and fiscal policies).The primary purpose of the International Monetary Fund is to exchange one currency for another. lend foreign currency to member countries. consolidate the debt facing developing nations. collect the interest on loans made by the World Bank.
- Which of the following will enter as a credit in the U.S. balance-of-payments financial account? (a) The sale of an American baseball team to a Japanese industrialist (b) The sale of Japanese electronics to an American (c) The purchase of a Japanese automobile by a U.S. consumer (d) The purchase of a Japanese electronics plant by an American industrialistWhat is the benefits of our membership to the World Bank Group and International Monetary Fund?https://www.sciencedirect.com/science/article/pii/S2405844020308537 Analyse recent literature on the relationship between trade openness and economic growth in Africa and report on its main findings. Limit your search to literature published in the last 5 years.