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Author Question: Explain how many scholars divided the world during the Cold War and the patterns of trade that ... (Read 94 times)

RRMR

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on: Jul 7, 2018
Explain how many scholars divided the world during the Cold War and the patterns of trade that existed among these divisions.
 
  What will be an ideal response?

Question 2

Exports generate domestic jobs.
 
  Indicate whether the statement is true or false
International Business: A Managerial Perspective ¦ Griffin, Pustay ¦ 9th Edition
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bfulkerson77

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Reply #1 on: Jul 7, 2018
Answer to Question 1

During the Cold War, many scholars divided the world into the First World that consisted of rich, major trading nations that aligned themselves with the United States, the Second World that consisted of the Soviet Union and its allies, and the Third World that consisted of low- to medium-income countries. Most international business activities took place between members of the First World. The Second World closed its borders to trade with the First World, and the Third World was viewed as a supplier of raw materials and commodities to the First World.

Answer to Question 2

TRUE


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RRMR

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Reply #2 on: Jul 7, 2018
Thank you :)


bfulkerson77

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Reply #3 on: Jul 7, 2018
Happy to help you


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