To start with, the scope of efforts to attract FDI must encompass all economic sectors. The tendency in the past was to focus almost exclusively on infrastructure and on efficiency-seeking and tariff-jumping FDI in manufacturing. In the future, more and more FDI will be market-seeking investment in service sectors as well as in tourism.

Globalization plays a vital role ineconomic development worldwide. It involves the interconnectedness of countries through trade, investment, and technology exchange. As a result, it creates opportunities for businesses to expand beyond their borders, attracting foreign investment and boosting economic growth. Furthermore, globalization leads to the transfer of knowledge and innovation, which can enhance productivity and competitiveness.

Please explain the differences between visible trade and invisible trade.

What are D/P at sight and D/P after sight? Which is more favorable for the exporter?

What are the major factors that may influence the exchange rate? Explain briefly.

Explain what "acquisition" is and its advantages and pitfalls.

customs area

national income

economic integration

shareholders