First and foremost, the obvious benefits of MNCs and FDI comes the sharing and advancement of technology coupled with Research and Development(R&D). ... Advancing an organisation's knowledge of technology can be achieved through such methods as: reverse engineering, joint ventures, mergers and acquisitions, license and patent agreements as well as FDI. ... However this was not considered to be too much of a concern if the advantages of new technology and welfare outweighed possible disadvantages. ... In turn, Japan supplied capital, intermediate products and technology to the Asian NIEs(...

• Word Count: 3533
• Approx Pages: 14
• Has Bibliography
• Grade Level: Undergraduate

The modern liberalism warmly welcomes the idea of letting the state be an active participant in the economy. John Stuart Mill and Benjamin Constant of the 19th century have the views that are associated with the modern liberalism. ... The theory has a record of improving prosperity and technology. ...

• Word Count: 2557
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

The Spanish were able to conquer the Aztecs because the Aztecs did not have the modern advances. Exploration and expansion is a part of being modern because without new technology it is impossible to be knowledgeable and powerful in today's world. ... When a nation becomes more modern on their own it also expands the global economy. ... The goods grown by the slaves on the plantation benefited the country this enabling them to creating a modern global market. ... In the modern world the government is based on the people. ...

• Word Count: 2761
• Approx Pages: 11
• Grade Level: High School

Representative organisations regard the spread of communications technology as a benefit without qualification. For example, the International Telecommunications Union sees globalisation as the innate human desire for the integration of individuals in villages and cities and the integration of people of all races and backgrounds into nations Other organisations are concerned that the free spread of communications technology proceeds without impediment of censorship or any other official constraint Environmentalist groups, such as Friends of the Earth, The Sierra Club and Greenpeace argue tha...

• Word Count: 9131
• Approx Pages: 37
• Grade Level: Undergraduate

China has been the scenario of political, social and economic turmoil during the past decade. The handover of Hong Kong to China on June 1997, after over a century and a half of British colonial rule, as well as China's recent accession to the World Trade Organization are milestones in our era. They have also been subject of much polemic and controversy; authors and experts from multiple disciplines have rushed to make pessimistic predictions. The transition proved to be a smooth one (Tang, 1999), against all predictions; now, the question is whether the WTO membership will bring any surp...

• Word Count: 3624
• Approx Pages: 14
• Grade Level: Undergraduate

Over the past two decades, globalization has gained prominence in the business world. In the past, most economies exercised a lot of caution in ensuring that they were safeguarded with appropriate tariffs to protect their domestic trade economies in an effort to strengthen their bargaining power regionally. Today, the protectionist practices in the global arena have been virtually abandoned by many economies to enable them transact billions of dollars worth of trade; without hindrances that come with bureaucracy in uncoordinated tariffs. The North American Free Trade Agreement (NAFTA) is an ag...

• Word Count: 3175
• Approx Pages: 13
• Has Bibliography
• Grade Level: High School

The Macroeconomics 2301 class enrolled at Tarrant County College " Southeast has organized in class research teams under the direction of Dr. McKizzie. The goals of the trams will be to focus on research toward closing the gap between two countries that have a germane resource. One country will be ...

• Word Count: 3746
• Approx Pages: 15