Question 1

Describe the impact of the development of the World Wide Web on global commerce?

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Question 2

Country competitiveness is not something that is permanent or fixed.The dominant features of the global economy are the rapid changes relative economic and competitive status of different countries.Canada is not immune to these changes.We have seen our total share of the global economy decrease and the loss of many industries.
The anti-globalization movement has been active in Canada.In particular they have been critical of multinational corporate power and argued against global and regional agreements on economic growth and the lowering of trade barriers.Others feel that globalization is inevitable and contributes to the well being of people around the world.
a.Consider the overall impact of globalization on Canada from the perspective of a software developer-has it been positive or negative? Explain your answer.
b.What kinds of strategies could a Canadian developer of software employ to reduce the negative impacts and take advantage of the positive aspects? Explain your answer

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Question 3

Discuss the primary advantages and disadvantages of globalization.Do you believe the advantages outweigh the disadvantages? How can the effects of the disadvantages of globalization be reduced?

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Question 4

What is a multinational enterprise? What have been the two most notable trends in multinational enterprises since the 1960s? What is a mini-multinational? Do you expect the role of mini-multinationals to gain momentum or wane in the future? Why?

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Question 5

Describe the meaning of the term "trade barriers"? What measures have been taken by the world community to reduce the impact of trade barriers on international trade?

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Question 6

Describe the two main facets of globalization.Explain how each of these components of globalization has helped create the shift towards a more integrated world economy.

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Question 7

Why is international trade important to Canada?

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Question 8

Define the term "foreign direct investment (FDI)." How does the term "foreign direct investment" differ from the term "international trade?"

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Quiz 1: Globalization