Question 1. In a committee meeting of the United Nations you are considering the following questions:
A. When is international trade an opportunity for workers? When is it a threat to workers?
B. What are some of the major challenges confronting the international trading system?
Question 2. Select a U. S. company with global operations. Discuss the firm's activities outside the U.S.
1. Identify which economic concepts, such as comparative advantage, apply to your firm.
2. Explain how these economic concepts can be used to address the firm's problems and opportunities?
3. Identify which economic and political policies affect your firm and explain how they impact business decisions.
4. How does your firm use technology to strategic advantage?
5. Discuss the impact of globalization on the firm's cost structure, markets, currency risk, and overall strategy. Be sure to provide a definition of globalization in your answer.