International Finance Professor Baruch Fall, 2013 Home Work Assignment1 This assignment is based on the lecture on Theories of International Trade and Chapter 1 in B&H. (1) Define globalization. How has it proceeded in trade in goods and services versus capital markets? Answer: Globalization refers to the increasing connectivity and integration of countries and corporations and the people within them in terms of their economic, political, and social activities. Because of globalization…
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