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Views of globalization (Chp 1.4) - 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking - Location specific advantag...

Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprises? - The new force view Economic gains come from international trade because one country's exported goods, services or other items...

view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - new view that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is nothing new and that it will always exist - evo...

Globalization - The close integration of countries and peoples of the world. Purchasing Power Parity (PPP) - A conversion that determines the equivalent amount of goods and services that different currencies can purchase. Scenario Planning - A technique to prepare and plan for multiple scenarios ...

Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprise? - The new-force view Economic gains come from international trade because one country's exported goods, services, or other items...

Views of globalization (Chp 1.4) - 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Location specific advantage of Natural resource—seeking - Strategic go...

Four properties of an indifference curve - (1) Higher indifference curves are preferred to lower ones. People usually prefer to consume more goods rather than less. (2) Indifference curves are downward sloping. The slope of an indifference curve reflects the rate at which the consumer is willing ...