ECON 3100- Clemson Questions with Complete Solutions
Globalization Correct Answer--increasing interaction of people, companies, states or countries -through the growth of international flows of people, culture, money, goods and ideas -in the economic sphere it's also called international economic integration Globalization: First Wave Correct Answer-- (< WWI) -New technologies -Transportation costs DOWN --Steam-powered ships, railroads, telegraph... --Also had large flows of goods and FDI Globalization: Second Wave Correct Answer-Post-WWII -New technologies --Transportation costs DOWN ---Internet, container ships... -Differences --Trade in services
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University Of Utah
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ECON 3100
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econ 3100 clemson questions with complete solutio