Question
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
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