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GEB6366 MIDTERM EXAM 2025 QUESTIONS AND ANSWERS The Relationship between regional trading groups and multinational enterprises (MNEs) - ....ANSWER ...--MNEs are interested in regional trading groups for markets, raw materials, & production locations (larger & richer = better) -Reduction of tariffs & other barriers improves access to countries -EU = Largest regional trading group w/ common external tariff & currency Protectionism and its impacts on MNEs, their customers and employees ....ANSWER ...-Protectionism - policies that affect ability of foreign producers to compete in your home market; can limit/enhance MNEs ability to sell abroad or acquire foreign supplies The relationship between imports and exports and the countries involved in such trade ....ANSWER ...--Trade theory helps answer questions about what products we should import/export, how much we should trade, and with whom -Nations export their specialized surpluses & pay for imports w/ earnings The impact of industrialization on developing countries - ....ANSWER ...- Countries promote industrialization b/c it will -bring faster growth than agriculture ...©️ 2025, ALL RIGHTS RESERVED 1