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See attachment for instructions. Minimum 4 max 10 pages. NO PLAGIARISM, site all references. APA format, double spaced
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Answer ONE, and only ONE of the following questions. The requirements are as follows:
Standard APA format,12 point font Times Roman, Double spaced,1 inch margins. Minimum 4
pages. Maximum 10 pages.
If you get your source from another site (website, book, scholastic article) I will need that source
cited on a work cited page (APA format).
1) Define (in detail) each of these economic systems. What are the advantages to each?
What are the disadvantages to each? The economic systems are:
a.
b.
c.
d.
Capitalism
Socialism
Communism
Mixed
2) Define each of these barriers to trade (in detail):
a.
b.
c.
d.
e.
f.
g.
h.
i.
j.
Tariffs
Non-tariff barriers
Import licenses
Export licenses
Subsidies
Voluntary export restraints
Local content requirements
Embargo
Currency devaluation
Trade restriction
3) What is the World Bank (brief summary)? What is the IMF (brief summary)? How are
they alike? How are they different? If you were a country in need of monetary relief, and
you are a member of BOTH organizations, which one would you approach first for
relief? Why?
4) Define (in detail) each of the following international corporate strategies:
a. Multidomestic
b. Global
c. Transnational
How are they alike? How are they different? What are the benefits of each? What are the
disadvantages of each? Do corporations function solely in only ONE of these systems? If
yes, what are the advantages and/or disadvantages to that system? Do corporations
function within a mixture of MORE than one of these systems? If yes, what are the
advantages and/or disadvantages to that combination of systems?
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