Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There are economic gains when firms from different countries can freely trade and engage in foreign direct investment (FDI). Thirty years of global economic integration

There are economic gains when firms from different countries can freely trade and engage in foreign direct investment (FDI). Thirty years of global economic integration with Russia has now come to an end for the time being. While emphasizing economic benefits, global economic integration is political in nature with which of the following as Its most fundamental goal?

a. To promote protectionism

b. To promote peace

c. To promote nationalism

d. To promote economic unions

Foreign direct investment (FDI) comes with certain risks. In the case of Russia, Putin's decision to invade Ukraine has resulted in the seizure of assets in the United States that are owned by sanctioned Russian oligarchs. The US has also prohibited transactions with Russia's central banks. The actions of the US in this example reflect which political view of FDI?

a. Free market view

b. Radical view

c. Pragmatic nationalism

d. Market failure view

Which political argument against free trade most closely aligns with the current situation between Russia and the nations who have banded together as a coalition to make Russia the most sanctioned country in the world?

a. Environmental and social responsibility

b. Foreign policy

c. National security

d. Consumer protection

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Economics Of Inequality

Authors: Thomas Piketty, Arthur Goldhammer

1st Edition

0674504801, 9780674504806

More Books

Students also viewed these Economics questions

Question

How do you try to manipulate your unique smell?

Answered: 1 week ago