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- Now consider the political, economic, and legal systems of China, India,and Brazil. Explain why you think one country might be more hospitableto Moots than the others.Is developing countries can escape all of the traps described in this chapter contemporary models and Development and Underdevelopment? Which ones would be most difficult to escape? How could the developed world be of assistance in these cases? Could developed countries do more?Should U.S. foreign policy include provisions for reducing poverty in other nations of the world? Should U.S. domestic policy include provisions for reducing poverty in the United States? How are these issues similar? How are they different?
- Using Dubai aa an example, do you believe that cultural similarities among people can outweigh cultural differences that exist in terms of doing business together in the future?The new US-Mexico-Canada Agreement (USMCA) ends free trade in cars and auto parts. Some foreign automakers might eventually move back to the USA if there is no cost advantage of manufacturing cars in the U.S. Discuss whether the United States will be better or worse off in the long run as a result of this trade deal. You should incorporate the following as part of your analysis... 1. consumers 2. Auto-workers 3. Trade deficitBoth China and India are rising economic powers. How might your approach to doing business with China, a communist country, be different from your approach to doing business with India, the world’s most populous democracy? In which country would you expect to encounter the most rules? The most bureaucracy?
- You are a senior manager at a U.S. automobile company with the job of deciding whether to invest in production facilities in China, Russia, or Germany. These facilities will serve local market demand. Evaluate the benefits, costs, and risks associated with doing business in each nation. Given your answer here, which country seems to be the most attractive target for foreign direct investment? Why?1. Complete the following questions: a) What are the factors that can influence a country’s standard of living? b) Do you think it is possible to achieve unlimited growth if a country had all the available factors of production? Why or why not? c) Do you agree or disagree with the assumption that greater capital expenditures hinder the growth rate of economic progress? Why or why not?If you were working for one of the large Chocolate companies like Mars/Mondelze/Nestle or companies that use rechargeable batteries like Apple/Samsung/EV car company, how would you address the rampant issue of child labour in Cocoa farms and/or inhuman conditions of miners in Congo?
- Climate change is an example of a collective-goods problem. Based on what you have learned, in what ways could you apply the principles of dominance, identity, and reciprocity to help states reduce their greenhouse emissions?Do drug companies have an obligation to make new drugs available to patients who were involved in their development, either here or overseas? Does the size of the company make a difference? What would you do if you were Dr. Lange? What obligations, ideals, and consequences should he take into account? Is it ethical for companies to decline to sell a useful drug like ranolazine in a poor country because they can make more money marketing it elsewhere?9. In bullet points, outline how the citizens of a foreign country benefit from the direct investment by a foreign Firm in their country's economy, for example how the citizens of a developing county, such as Sierra Leone, would benefit when a large, international corporation would open a new production facilities in their country?