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Week 12

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Administrative Studies
ADMS 1000
Eytan Lasry

ADMS 1000 Week 12 Eytan LasryDecember 1 2011 Exam Format3 case questions 60 marks1 noncase essay questions 20 marks 20 multiple choice questions 20 marks Only covers the postmidterm materialo Textbook chapters 6 7 9 and 10 GlobalizationChapter 6What is it o Integration of markets and economieso Free flow of goodsservices capital and labour Multinational corporations o BenefitsthreatsInternational trade o Mercantilismprotectionismo Tariffs quotas subsidies See handout on tariffs What are the problems with protectionism o Trade agreements and internal bodies GATT WTO IMF World Banko Regional trading blocs EU APEC ASEAN NAFTAo Objectives o Impact on trade employment and business on Canadian culture on competitiveness BenefitsThreats of MNCsBenefits o Economic development eg creates employment o Brings management expertise o Introduces new technology and relevant trainingo International tradeo Unites cultures and nationsThreats o No allegiance to host countryo Mobile profits
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