Globalization offers extensive opportunities for truly worldwide development, but it is not progressing evenly. Some countries are becoming integrated into the global economy more quickly than others. Based on this idea, you have to discuss the relationship between globalization and international trade. Discuss the strategies that made China an important market for most products in the far east, provide real examples to support your answer.
Assume you are a partner in one of the operating MNCs, that is considering expanding its operations to a foreign country, based on your search and understanding of globalization and international trade theories, decide which trade theory/ theories you and your partners will use for expansion, Clarifying your choice of the chosen country for expansion. Revealing how the selected theory/theories can be applied to the company’s decision-making process by providing specific examples.