Professor Moran's Office Hours
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Globalization's Winners and Losers: Challenges for Developed and Developing Countries - GeorgetownX - INFX523-01
Professor Moran responds to questions about Week 2 of Globalization's Winners and Losers.Learning Objective: Differentiate between absolute advantage and comparative advantage in the contemporary era.Learning Objective: Determine what traditional theories of comparative advantage and newer theories of trade-and-investment tell us about whether globalization is a zero-sum phenomenon between developing and developed countries.Learning Objective: Articulate the elements of classic and modern trade theories, including comparative advantage, absolute advantage, opportunity cost, and intra-industry trade with product differentiation.Learning Objective: Explain how developing countries participate in ever more sophisticated supply chains into developed country markets and how developing countries create backward linkages from foreign investors to local firms, with more value-added at home.Learning Objective: Describe the creation of supply chains and the globalization of manufacturing and assembly through foreign direct investment.Learning Objective: Explain the impact of supply chains and the globalization of manufacturing and assembly through foreign direct investment has on developed and developing countries.Learning Objective: Understand supply chains and the globalization of manufacturing and assembly.Learning Objective: Describe the role of Investment Promotion Agencies.
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Moran, Theodore (Georgetown University, 2013-10-31)Globalization's Winners and Losers: Challenges for Developed and Developing Countries - GeorgetownX - INFX523-01