Purpose of Assignment\u00a0\t\t\tIn today’s ever expanding globalized world, countries are joining ranks and forming trade alliances to expand their economies. They eliminate trade barriers among their group and provide low cost labor to nations seeking to outsource their production. The myriad of trade groups globally have also increased new foreign direct investment opportunities for multinational companies. Therefore, the intent of this assignment is to provide students a more thorough understanding of globalization and its nuances.\u00a0\t\t\tAssignment Steps\u00a0\t\t\tResources: Suggested but not required: Moran, Theodore. (2011). Foreign Direct Investment and Development. New York, NY: Columbia University Press.\u00a0\t\t\tSearch the Internet for vendors who sell this book or inquire about it with a local library.\t\t\tCompose a (total word count of) 525-word response to the following (be brief on each response):\t\t\t\uf0a7 Define globalization and identify three of the traditional, international trade theories that support the concept of globalization.\t\t\t\uf0a7 List and explain the two major drivers of globalization and provide two examples of each.\t\t\t\uf0a7 Appraise the pros and cons of global outsourcing by multinational companies. Provide details of how global outsourcing has affected your company, business or industry.\t\t\t\uf0a7 Describe foreign direct investment (FDI) and how it affects world economy.\t\t\tFormat your assignment consistent with APA guidelines.\t\t\tInclude a cover sheet and reference page\t\t\tInclude at least two cited references to Hill &Hult, 2017 (our class book) in this paper.\t\t\tClick the Assignment Files tab to submit your assignment.<\/p>\n","protected":false},"excerpt":{"rendered":"
Purpose of Assignment\u00a0 In today’s ever expanding globalized world, countries are joining ranks and forming trade alliances to expand their economies. They eliminate trade barriers among their group and provide low cost labor to nations seeking to outsource their production. Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-228011","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/228011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=228011"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/228011\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=228011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=228011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=228011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}