Interactions Between Countries and Economies

Running Head: MBA
MBA

MBA 1
Contents
WEEK-2..........................................................................................................................................2
Activity- 2....................................................................................................................................2
WEEK-3..........................................................................................................................................3
Activity- 3....................................................................................................................................3
References........................................................................................................................................5

MBA 2
WEEK-2
Activity- 2
1. Has your view on globalization changed after listening to Professor Ghemawat? Explain.
After listening to professor Ghemawat my view on globalization is totally changed. I get to know
about the flow that took place in globalization such as information flow, capital flow, people
flow and product or trade flow. It throws light that the way we are exchanging the ideas, goods,
people etc. it seems that there is no boundary (Ghemawat, 2017). The world is borderless. I
believe the fact that the world is semi-globalized. It is having limited interactions between
countries and economies. Globalisation helps in enhancing the global welfare. Usage of the
technology is increasing along with an increase in the investment of the capital. In the
developing areas of the country, social relations are becoming strong and the standard of living is
also increasing. Wealth equality throughout the world is good for the world economy (Beck,
2015). Globalization creates a condition for people to move in order to find better employment
and creative work.
2. Consider where you have seen the fears that people have about globalization. Do you
think these fears may subside with some data points that may suggest otherwise?
Some of the people have fear from globalization. People of different developed countries feel
that population of their company started immigrating after the emergence of the globalization. A
country like France faces the fear of immigration of their people. As per the survey, they believe
that 24% of the total population immigrated but actually, data is 8%. In the survey it was asked
from the American what budget of the federal budget went to the foreign aid they assume more