MNB370: Globalisation is often Crystallized as “Cross-Border” Trade and Investments - Business Assignment Help

Assignment Task :

Question 1 Anti-free trade arguments maintain that free trade agreements can result in: 

1. an incremental increase in a country’s factory employment

2. a reduction in European Union membership

3. exports exceeding imports in a country’s economy

4. the stimulation of NAFTA’s trade goals. 

Question 2 Globalisation is often crystallized as “cross-border” trade and investments. But, this provides a limited perspective on what globalisation is. What, then, is globalisation? 

1. Collective opposition to oppression, exploitation and injustice.

2. An attempt to achieve equilibrium in a country’s political economy.

3. It represents a shift towards a more interdependent world economy.

4. It constitutes politically influential opposition to poverty. 

Question 3 “Kenya’s growth potential is a sure reflection of the high growth being experienced in East African economies”. It all points to the drivers of globalisation at work. These drivers include the following, EXCEPT: 

1. Changes in the technological environment.

2. The appropriation of globalisation gains, by rich countries.

3. The region’s growing middle-class.

4. Advances in transportation technology. 

Question 4 The function of GATT was to: 

1. protect countries from the imposition of heavy, progressive, taxes.

2. promote dominance in global manufacturing, for member nations.

3. lower barriers to the free flow of goods, services and capital among nations.

4. help countries build a diverse economy, a democratic political system and a strong safety net. 

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