World trade organization and role in international business

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Reference no: EM132202628

Discuss and Explain

1. Describe the two main facets of globalization. Explain how each of these components of globalization has helped create the shift towards a more integrated world economy.

2. Describe the World Trade Organization and its role in international business?

3. What is meant by the term "political system?" What are the two related dimensions by which a political system can be assessed?

4. Describe the three main legal systems, and for each, give an example of a country that uses such a system.

5. Describe what is meant by the term "culture?" Differentiate between the terms culture, values, and norms.

Reference no: EM132202628

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