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Study Guide for Chapters 6, 7 & 8
Professor: Charles A. Akinduro
Bus 280 Spring 2018
1) Explain why government sometimes intervene in trade
2) Summarize the main features of the global trading system
3) Describe the worldwide pattern of foreign direct investment (FDI)
4) Describe the policy instruments that governments use to promote and restrict FDI
5) Summarize each theory that attempts to explain why FDI occurs
6) Certain groups of countries, particularly Africa, are far less economically developed than other
regions, such as Europe and North America, What sort of integration arrangement do you think
developed countries could create with less developed nations to improve living standards?
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