Question

In: Economics

the following statement : International business and globalisation have changed the financial and economic climate of...

the following statement :

International business and globalisation have changed the financial and economic climate of the world into a centralised marketplace that allows access to all global

stakeholders. It provided a pool of products and services, previously not available to all global customers or consumers, with the touch of a button. It allowed

governments to engage on a regular basis in terms of trade and trade-related issues and to form bilateral trade agreements in the interest of all stakeholders.

1.1 In your opinion, why is international business and trade so important to South Africa from a political, economic and social perspective? Use

practical examples to substantiate your answer. (10)

(Tip: consult various current sources of information to form a wellstructured and rounded answer.)

Solutions

Expert Solution

Rahul Sunny answered 2 years ago
Next > < Previous

Related Solutions

How has the business environment & climate changed for Gazprom since 2009?
How has the business environment & climate changed for Gazprom since 2009?
What are the Economic and Financial risks in order to conduct international business in India. &...
What are the Economic and Financial risks in order to conduct international business in India. & what are the strategies to control economic or financial risks in India?( 500 words report)
“Globalisation is the great economic theme of the past decades, affecting not just business but much...
“Globalisation is the great economic theme of the past decades, affecting not just business but much of the world as a whole.” Please discuss this statement. (30 Marks 1500 words)
What would have to be changed in the code if the while statement were changed to:...
What would have to be changed in the code if the while statement were changed to: while (menu == 5); Code is as follows #include <stdio.h> void printHelp () { printf ("\n"); printf ("a: a(x) = x*x\n"); printf ("b: b(x) = x*x*x\n"); printf ("c: c(x) = x^2 + 2*x + 7\n"); printf ("d: shrink(x) = x/2\n"); printf ("q: quit\n"); } void a(float x) { float v = x*x; printf (" a(%.2f) = %.2f^2 = %.2f\n", x, x, v); } //...
In the current unprecedented business climate, how do think this “economic phenomenon” will be explained to...
In the current unprecedented business climate, how do think this “economic phenomenon” will be explained to accounting , economic and finance students in the future.How do YOU think it will affect the future education of business disciplines (accounting, economics, and finance) in the future?
In the current unprecedented business climate, how do think this “economic phenomenon” will be explained to...
In the current unprecedented business climate, how do think this “economic phenomenon” will be explained to accounting , economic and finance students in the future. please explain in your own words.
Explain why we have climate change from an economic point of view and propose an economic...
Explain why we have climate change from an economic point of view and propose an economic policy to combat climate change and explain why zero emissions might not be optimal. The following concepts should be used (not just define the concepts but used them in the context of climate change) in a proper way: market failure, externality, public good, social and private marginal costs, Pareto Improvement.
How have business reputations changed since 2008?
How have business reputations changed since 2008?
In 500-700 words evaluate the degree to which you agree with the following statement: ‘Globalisation is...
In 500-700 words evaluate the degree to which you agree with the following statement: ‘Globalisation is an outdated concept, and now the reality is that the world is retreating away from globalisation’. Use evidence and examples to support your argument.
in international business, Discuss political, economic, and legal criteria to assess the attractiveness of doing business...
in international business, Discuss political, economic, and legal criteria to assess the attractiveness of doing business in different country-specific locations.
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT