International Business

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Asssignment 1, International Business Law By: Annett Franklin Date: 7 April 2012 Question 1:Globalization in ts own right is not necessarly a bad develpoment for both developed countries and and develpoing wourld as it has helped to break down barriers between regions, eliminate monopolies, increase markes for pharmaceutical companies and promote access to drugs and health care for those developing countries. The international flow of reasearch funds has undoubtedly assisted in building up research nfrastructure and compenticies in developing countries. Global efforts have been largely successful in eliminateing small pox, polio, ore will be completely eliminated in the future or controlng TB, and other in the near future. Question 2: Globalization can benefit all countries, rich or poor, if that country is willing to open to nternational trade. Porrer countries do what they can to survive, and globalization would help them to obtain higher incimes and mprove living conditions.Question 3: Countries who are anti-globalization are merely blind to the actual facts It does not happen overnight. It's slow but it is working. Those countried who lose do it with lower incomes, poor literacy rates and yes even poor health care can not become weathy countries.Question 4: One major problem is the increasng of internationalzzation. This term has many dimensions including economic,technological, political, socaial , scruntific, and cultural aspects. Its consequences can either direct, ath the level of whole populations, indviduals abd health cae delvery systems, or indirect thru the economy and other factors, education, sanitation, and water supply. More overr the central aspects of the rocess, namely trade, travel, and exchange of informantion.Question5: Mitigation involves a contant balance between action and reaction, preventing a risk form occuring and dealing…...

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