[INTB 1209] - Final Exam Guide - Comprehensive Notes fot the exam (23 pages long!)

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Vigorous and vocal groups protest the unemployment in developed countries (due to outsourcing labor to poorer countries), degradation of the environment and the. Established for coordinated policy response to the global financial crisis that started in america and spread throughout the rest of the world (2008-2009) Drivers of globalization: two factors- decline of trade barriers since ww2 and the dramatic technological change. Implications- although markets and cultures are converging companies must still recognize that each country is still distinct and therefore must cater to its differences. China surpassed the us this is a sign of industrialization of the world: many of tomorrows economic opportunities are in developing countries of the world and many new competitors will arise from these countries. In addition, they state that free trade will result in countries specializing in making certain goods ultimately increasing efficiency: the same argument is made for outsourcing. If dell outsources its service call centers to.