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1. Describe the key historical phases of globalization, including the most recent one. 2. Why do nations, industries and firms trade? 3. What are the

1. Describe the key historical phases of globalization, including the most recent one.

2. Why do nations, industries and firms trade?

3. What are the key factors outlined in Porters diamond model? Explain how they differ.

4. Please briefly summarize the three key alternative theories of foreign direct investment.

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