Assignment:
Question 1. "Globalization and the Multinational Firm" Answer the following:
- Some people have objected to the creation of NATFA, arguing that the U.S. would lose jobs to Mexico where labor costs are significantly lower. Provide an argument either for the expansion of NAFTA or for its dissolution.
- Determine this single most significant concern regarding globalization for multinational firms. Provide specific examples to support your response.
Question 2. "International Monetary System" Answer the following:
- Determine how the economics of Greece, Italy, Spain and Portugal have contributed to a global economic crisis. and how the global impact of such economies can be mitigated in the future. Provide specific examples to support your response.
- Discuss how being tied to a single currency (the Euro) has impacted the different economies of the European Union. Provide specific examples to support your response.