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Positive and negative impacts of globalisation

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Reference no: EM131582655

Assessment: Short written response (20 marks) 1500 words

Answer the following 3 questions (each approximately 500 words):

1. What is globalisation and how does it affect domestic businesses? In your discussion, include both positive and negative impacts of globalisation.

2. When you compareAbsolute Advantage Theory and Comparative Advantage Theory, which one appears to be more practical, and why?

Also, explain how benefit from trade arises based on this theory using a numerical example of 2 countries producing 2 products.

3. Donald Trump, president of United States of America, announced the imposition of tariff on Chinese imports in the recent past. Based on your understanding of the first 3 topics of this unit, (i) what could have been the reason/logic behind such a comment/decision, and (ii) what are the implications of such an intervention on domestic consumers?

You are expected to use at least 5 academic sources (excluding the textbook) to support your viewpoints.

Verified Expert

The present solution is based on given business management concepts. The solution is mainly framed based on learning from the given book reference. In addition to this, 5 references (scholarly articles) were also used as reference to frame the solution, which are cited in APA format. The solution, in total comprises of more than 1500 words and is according to given instructions and rubrics. The solution is prepared in Microsoft office file and is free from any form of plagiarism.

Reference no: EM131582655

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inf1582655

8/18/2017 6:05:22 AM

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len1582655

7/29/2017 3:27:00 AM

Please follow all the respective requirements given in the assignment. Please follow the marking criteria and 5 academic references should be provided. Text book to be followed is:Cavusgil, ST, Knight, G, Riesenberger, JR, Rammal, H & Rose, EL 2014, International Business: The new realities, 2nd edn, Pearson, Australia. ISBN: 9781486011049.

len1582655

7/29/2017 3:26:40 AM

Please place the word count for this assignment on the cover sheet. 10% more or less than 1500 words is acceptable. The marker may, at their discretion, discontinue marking if you go above 10% of the recommended word limit. Marking Criteria: Question 1 Question 2 Question 3 Total Marks (marking criteria-wise) Demonstration of theoretical understanding 4 3 4 11 Quality of arguments supporting the given answer 1 2 3 Communication (spelling, grammar, sentence construction) 1 1 1 3 References (referencing format, quality of the source cited) 1 1 1 3 Total Marks (question-wise) 6 6 8 20

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