What is the evolution of African governments' economic diplomacy since the post-World War II period and what is the necessity for these nations to reassess their economic diplomacy to foster more effective trade partnerships with growing economies, like China, India, and Brazil.
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What is the evolution of African governments' economic diplomacy since the post-World War II period and what is the necessity for these nations to reassess their economic diplomacy to foster more effective trade
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- Describe how the economic diplomacy of African states has evolved since the post-World War II era and discuss whether these countries need to revise their economic diplomacy so as to initiate more effective trade partnerships with emerging countries, such as China, India and Brazil.What is the strongest empirical evidence that international institutions are designed to efficiently resolve cooperation problems or to magnify the interests of powerful statesdescribes the key Motivations for Internationalization
- identify strengths of the philippines that may contribute to the integration among the countries in the asian regionsWhen two or more nations engage in free trade, how is the standard of living improved in the participating countries? goods become more expensive, demand rises, and output increases goods become cheaper, demand lowers, and output decreases goods become more expensive, demand lowers, output decreases goods become cheaper, demand rises, and output increasesTraditional free-trade theories are based on six crucial assumptions, which may or may not be valid for developing nations (or for developed nations for that matter). What are these crucial assumptions, and how might they be violated in the real world of international trade?
- Proponents of free trade, primarily developed country economists, argue that the liberalization of trading relationships between rich and poor countries(the removal of tariff and nontariff barriers) would work toward the long-run benefit of all countries. Under what conditions might the removal of all tariff and other impediments to trade work to the best advantage of developing countries? Explain.In a small open economy, the government decides to remove all trade barriers, transitioning from a protectionist stance to a completely free trade policy. Consider the Heckscher - Ohlin model in this context. A) How is this policy shift likely to affect the country's production and consumption patterns in the short term? B) What would be the expected impact on the distribution of income between the owners of the country's abundant and scarce factors of production? C) Discuss the potential long - term dynamic effects on the economy's growth and development. D) If the economy has a comparative advantage in labor - intensive goods, what kind of structural changes might you anticipate in the domestic industries as a result of this policy shift?Countries that trade on the basis of comparative advantage have __________ than countries that do not. higher production costs and transportation costs. more goods and services available to them. a lower standard of living. lower levels of labor productivity. lower levels of product quality from which to choose.
- In the context of governance and politics, internationalism which was coined by Jeremy Bentham is supported by which statement?Why and when might a company wish to use a strategic alliance for international expansion?Outline the THREE major stages of economic integration that CARICOM countries have attempted to achieve over the past 30 years.