Due to the recent outbreak of the COVID-19 pandemic, the operations of many MNCs were disrupted. One of your friends makes the following statement: “Globalisation is dead! Why are you wasting your time studying international finance?”. a) How would you respond to her? Please note that your friend is not a business graduate and does NOT understand the terminology of business/economics/finance. Therefore, explain why she is wrong (or right). For this part
Due to the recent outbreak of the COVID-19 pandemic, the operations of many MNCs were
disrupted. One of your friends makes the following statement: “Globalisation is dead! Why are
you wasting your time studying international finance?”.
a) How would you respond to her? Please note that your friend is not a business graduate and
does NOT understand the terminology of business/economics/finance. Therefore, explain why she is wrong (or right). For this part
Globalization is the term that indicates an interconnected world where countries share their resources, expertise, businesses, as a way to grow and thrive. However, the corona pandemic has seriously crippled the economies around the world and governments have been forced to take corrective measures. These measures mostly place emphasis on protecting the domestic market.
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