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    An economics field of study that applies both macroeconomic and microeconomic principles to international trade, which is the flow of trade among nations, and to international finance, which is the means of making payment for the exchange of goods among nations. International economics studies the economic interactions among the different nations that make up the global economy. Often this interaction is viewed in terms of the domestic economy and the foreign sector. The key economic principle underlying

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    1. How can globalization and international economic integration be measured? Globalization or international economic integration can be measured by four main factors which are “trade flows, capital flows, people flows and the similarity of prices in separate markets.” Trade flows basically refer to movements of products or outputs as exports or imports across national borders, whereas capital flows and people flows together make up a general category known as factor movements and refer to flows

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    Economics between USA and China Introduction of International Relationship International Relationship is a relations or dealing between nations and nations for their interests and purposes. Diplomatic between two nations is economics, sociology or political. Indeed, few social scientific theories have not been applied to the study of relations amongst nations. Many theories of international relations are internally and externally contested, and few scholars believe only in one or another. Differentiated

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    The structural change model or the dual sector model is a developmental economic model found by inventor sir William Arthur Lewis. It is also commonly known as the Lewis model. Initially the model as given by Lewis, was explained in his article entitled “economic Development with Unlimited supplies of labor”. His model explained how the transition from rural and subsistence agricultural economy to urban industrial modern economies should take place. In his model of dual structure, the disguised

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    seen in the present where discrimination against women was reduced in workplaces and there are women who even more earn more than men. Feminism had brought about more positive changes in our society today than negative changes. It has brought both economic and social changes to the modern society. The rise of feminism was caused by 2 main factors, gender inequality and discrimination. The rise of these movements

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    Economic nationalism or mercantilism is the realist approach to international political economy. This theory considers the state to be the most significant actor in the international system, views international economic relations between states as competitive in nature and claims there is a direct relationship between the pursuit of political power and economic wealth. It is the relative economic power of the state, in comparison with other states, that is most important. This perspective criticizes

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    Economic globalization refers to the free movement of goods, capital, services, technology and information around the world. Since the 1990s, due to the improvement of advanced communication technologies and the rapid expansion of multinational corporations, economic globalization has become an important trend of the world economic development. This trend not only provides a broader space for international markets for all countries, but also aggravates the competition among countries for market and

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    analysts argue that international investment is a much more powerful force in propelling the world toward closer economic integration. Investment, often alters entire methods of production through transfers of know-how, technology and management techniques, and thereby initiates much more significant change than the simple trading of goods. Over the past ten years, foreign investment has grown at a significantly more rapid pace than either international trade or world economic production generally

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    with productivity and other activities outside mother land, lead by an international management team and follow an international strategy with the goal of defending stockholders interests rather than national interests. Transnational companies are the most met on an international scale using three major strategies : • Point strategy • Simple integration • Complexe integration Globalization doesn’t only manifest on an economic level, it affects culture, social life, political life as well as technology

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    Globalization And Nations

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    productivity. Trade laws have been established through international organizations dictating the extent of trade relations. Imports

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     Exercises direct control over the policies of its affiliates.  Implements these business strategies in production, marketing, finance and human resources crosswise the international borders. They have facilities and other assets in at least one country other than its home country and also have budgets that exceed those of many small countries. The big multinational companies come from the United States of America, Western Europe and Japan and mainly they derive ¼ of their revenues from host countries

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    a radical effect on the economic system all over the world. This is due to the growth of international business of the multinationals, which has tremendous effect on the traditional forms of international trade and capital flows for economies at large. In the world economy they create a powerful force. The multinational corporations have shown enormous power in the areas of international trade and finance. These businesses accounted for only one-eighth of all international trade in early 1970 's.

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    In the economics term, an infant industry is a new industry which in the early stage the industry found difficulty or incapable to compete with established foreign competition. Therefore, the infant industry needs protection either in the form of tariff or subsidies in their early stage of development until the industry can attain similar economics of scale with competitors abroad. Mercantilism or commercialism is an economic system, dominant in modernized parts of Europe during 16th century to 18th

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    Attracting a large scale foreign investments into the Russian economy pursues long-term strategic goal of creating a civilized, caring society, characterized by a high quality of life, which is based on economics, involves not only sharing the effective functioning of various forms of ownership, but also the internationalization of the market for goods, labor and capital. At the same time, foreign investors are oriented primarily on the investment climate

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    Swot Analysis Of Topshop

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    The parent company Arcadia Group Ltd holds a portfolio of brands – Wallis, Miss Selfridge, Topshop, Topman, Burton Menswear London, Dorothy Perkins, Evans and Outfit. TOPSHOP was first introduced in 1964 and then became a standalone store in 1994 (TOPSHOP, Official site). Over the course of almost five decades, it has opened up almost 472 retail outlets across the globe. Topshop is a high-street fashion brand that is very popular amongst the youngest generation. It caters to women between 14-30

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    Cisco's Core Values

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    INTRODUCTION This assignment is focused on Cisco. It talks about how this company manages technology and innovation. The history of the company is discussed. The company’s mission and strategies, innovative methodologies, acquisition tactics and integration plans are discussed at length. This case study highlights Cisco’s core values. It explains the efforts Cisco takes to be a successful company. A-1 According to, Making the Cisco Connection: The Story Behind the Real Internet Superpower ( By

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    indeed a significant effect on the system's employment. This is because globalization has increased the integration of the world, especially in the economic field that directly participate impact on the flow of capital and labor. Capital and labor flows have strong linkages with each other. Then with the easy flow of capital engaged in international economic activity then automatically flows of labor would be more flexible. Then the consequences are increased competitiveness in the employment opportunities

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    aspects to the world and the society we live in today. This paper will discuss the positive and negative aspects of globalisation. According to Simon, (2002) globalisation refers to an increase in global relationships related to culture, people and economic activities. Globalisation presents itself in a way that links itself to the distribution of goods

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    FOREIGN AID It is an economic instrument used by the states to promote their national as well as international interests. It includes the transfer of money,services, goods, technical assistance and other development assistance. etc usually from the donor countries to the recipient countries i.e. from rich countries to the poor countries. Because, their economic and political objectives depend on having a stable international system and the supports of other countries. It is not a new instrument

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    Benefits Of Sweatshops

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    around our ears. Definitions of “globalization” have long been diversified but it is mainly related to economics, so most people treat it as the development on or the changes of human welfare in different countries due to the economic integration of the world, under which goods, services and capital are more mobile. Economic globalization, as a result, has benefited a wide range of international issues, including trade of goods and services, labor transference, development of multinational firms,

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