Globalization and Internationalization in Business Environment

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What is one strategy that multinational enterprises (MNEs) use to minimize tax payments?

Reducing tax and showing high profit in a country with low tax

What is the Transnationality Index, and what does it measure?

The Transnationality Index measures the degree of involvement of a multinational enterprise (MNE) in foreign countries, calculated through three ratios: Foreign Assets/Total Assets, Foreign Sales/Total Sales, and Foreign Employment/Total Employment

What is the purpose of regional trade agreements (RTAs), and how do they differ from one another?

RTAs aim to ease trade between member countries, and they differ in terms of the level of integration, with free trade areas abolishing barriers among members, and customs unions applying a common external tariff to non-members

How has globalization affected labor markets, according to estimates?

<p>The supply of workforce for global production of goods has doubled due to the global involvement of emerging markets</p> Signup and view all the answers

What is one benefit of globalization for companies, in terms of market size?

<p>Markets are bigger for companies in the context of globalization</p> Signup and view all the answers

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