Evaluate the significance of key drivers in the globalisation of the world economy. Why do some… 1 answer below »

1. Explain why governments may advocate free trade whilst at the same time resort to protectionism to protect their domestic industries. In the second part of your answer, explain what types of barriers may be used and what impact they have on consumers and producers. (Note: Each part of the question has equal weighting). 2. Evaluate the significance of key drivers in the globalisation of the world economy. Why do some commentators argue that the international business environment has become more regional than global? What would be the implications for production strategies of companies if this is the case? 3. Assess the relative merits of the different ways in which government policies can help to build innovative capacity in a country’s companies. How do the various policy choices differ in relation to different stages of economic development of the company concerned? Support your arguments by referring to particular case study examples from a country of your choice.