Questions and Answers
Which of the following is a key challenge for countries in formulating trade policies in the era of globalization?
Balancing domestic interests with global market integration
What is one of the reasons why attracting foreign direct investment (FDI) is crucial for many countries?
To foster economic growth
Why is macroeconomic coordination among countries important in the era of globalization?
To address global imbalances and economic spillovers
What is the significance of protecting intellectual property rights in a globalized economy?
Signup and view all the answers
Why do policymakers need to manage exchange rates in the era of globalization?
Signup and view all the answers