Many of the former Communist nations of Europe and Asia seem to share a commitment to democratic policies and free market economies.
32.In the past quarter century, the volume of cross-border trade and investment has been growing less rapidly than global output.
33.One concern frequently voiced by globalization opponents is that falling barriers to international trade destroy manufacturing jobs in wealthy advanced economies such as the United States and western Europe.
34.It is possible that economic growth in developed nations has offset the fall in the share of national income enjoyed by unskilled workers, raising their living standards.
35.One concern of globalization opponents is that it undermines the influence of supranational organizations and promotes the sovereignty of individual nation-states.
36.In general, as countries get richer, they enact tougher environmental and labor regulations.
37.Highly indebted poor countries (HIPCs) can bootstrap themselves out of poverty by pursuing retaliatory trade policies rather than free trade policies.
38.A firm has to become a multinational enterprise, investing directly in operations in other countries, to engage in international business.
39.Despite all the talk about the emerging global village, differences between countries such as cultures and political systems are very profound and enduring.
40.Differences among countries require that an international business vary its practices country by country.
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