Which of the following is true about BRIC countries: a. There is low prospects of growth b. There is low investment c. To attain raw materials you will outsource to Bangladesh d. There are high growth rates which may not be seen in North America
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Which of the following is true about BRIC countries:
There is low prospects of growth
There is low investment
To attain raw materials you will outsource to Bangladesh
There are high growth rates which may not be seen in North America
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- What do you mean by OECD nations?It is often mentioned in the news media that Canada, being a small open economy, can benefit from a higher degree of globalization. What does this mean? a. All of the answers are correct b. Canada can enjoy more economies of scale c. Canada can produce at QMinimum Efficient Scale d. Canada can mass produce, export, and drive down average total costsWhat is the difference of Morocco and Philippines in terms of development? Be briefly explain it through bullets. Thanks
- Intellectual property and patent laws vary greatly in developing countries. How wouldyou propose to protect your products in a developing country with a large populationwhere the CEO of a generic pharmaceutical manufacturer states: “The U.S. wouldgrant a patent on a piece of toilet paper. Just because the U.S. granted a patent doesn’tmean it should be valid in our country.”Hypothetical Scenario. If you were a World Bank officer, which country in the world will you invest for development. Explain the reason why did you choose these countries and what are the specific sector to be invested. (choose Indonesia)In the policy embodied in globalization, which of the following shows the fall of local and foreign trade of the countries affected by it? A. Having market surpluses.B. The change in the overall lifestyle of the people/citizens.C. Freer flow of investment and trading of goods to countries.D. The continued expansion of transnational corporations.
- why countries needs economic diversificationDiscuss using empirical evidence whether international trade leads to economic growth.Refer to the graph. According to the economic concept of catch-up, which of the following is CORRECT? A. Richer countries should grow more quickly and will be at point B. B. Richer countries should grow more slowly and will be at point A. C. Poorer countries should grow more quickly and will be at point A. D. Poorer countries should grow more slowly and will be at point B. G Growth in real GDP per capita A Catch-up line B Initial level of real GDP per capita
- Why should marketers be aware of the BRIC countries? O They are a microcosm of the rest of the world. O They represent almost half the world's population. They are likely to be the source of most market growth. O They have had the most dramatic changes in culture and consumer buying patterns. O They have stable population growth, which makes them easier to study.Discuss and explain the economic growth based on trade model.Which is NOT true about globalization? A. Globalization has competing definitions and importance B. Globalization has its origin in the field of international economics C. Globalization impacts education more than technology and politics D. We encounter globalization every day in our life
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