assignment

Reflection

1. Define worldwide economic systems, including market, command, and mixed economies, and provide examples for each.

2. Define world trade organization (WTO) and provide an example of regional trade agreement. What are the goals of these organizations? How do these organizations function? 

3. How are emerging economies classfied? Provide one example of emerging economy and describe the process of economic transition in that country.

The answers to the above questions can be based on the textbook, supplemental readings and your own research. The citation and references are required and should follow the APA format.

Copy your posts from the learning topic Week 2 discussion and address all reflection questions below in the same document for this assignment submission. For each of the following questions, you will compose 3-5 sentences of responses.

1. Classify worldwide ideology and political systems. Provide an example of each political system.
2. Use an example of a multinational firm’s operation in two countries to demonstrate potential conflicts between the political and regulative environments in two countries.

The answers to the above questions can be based on the textbook, supplemental readings and your own research. The citation and references are required and should follow the APA format.