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Questions and Answers
Which of the following is a key challenge for countries in formulating trade policies in the era of globalization?
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 (correct)
- Restricting foreign direct investment
- Promoting protectionism in international trade
- Ignoring the benefits of global market integration
What is one of the reasons why attracting foreign direct investment (FDI) is crucial for many countries?
What is one of the reasons why attracting foreign direct investment (FDI) is crucial for many countries?
- To promote protectionism
- To discourage global market integration
- To limit technology transfer
- To foster economic growth (correct)
Why is macroeconomic coordination among countries important in the era of globalization?
Why is macroeconomic coordination among countries important in the era of globalization?
- To address global imbalances and economic spillovers (correct)
- To restrict international trade
- To promote protectionism in domestic economies
- To discourage foreign direct investment (FDI)
What is the significance of protecting intellectual property rights in a globalized economy?
What is the significance of protecting intellectual property rights in a globalized economy?
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Why do policymakers need to manage exchange rates in the era of globalization?
Why do policymakers need to manage exchange rates in the era of globalization?
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