What are some of darker sides associated with globalization

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Assignment:

FUNDAMENTALS OF INTERNATIONAL TRADE

1. Undertaking FDI, by definition, means not investing in the MNE's home country. What are the ethical dilemmas here? What are your recommendations as (1) MNE executives, (2) labor union leaders of your domestic (home-country) labor forces, (3) host-country officials, and
(4) home-country officials?

2. If a firm is successful domestically, is it likely to be successful internationally? Why, or why?not?

3. As a manager, you discover that your multinational's products are counterfeited by small family firms that employ child labor in rural Bangladesh. You are aware of the corporate plan to phase out these products soon. You also realize that once you report to the authorities, these firms will be shut down, employees will be out of work, and families and children will be starving. How do you proceed?

4. What are some of the darker sides (in other words, costs) associated with globalization? How can business leaders make sure that the benefits of their various actions (such as outsourcing) outweigh their drawbacks (such as job losses in developed economies?

5. The Doha Round collapsed because many countries believed that no deal was better than a bad deal. Do you agree or disagree with this approach? Why?

Reference no: EM133370330

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