Module 3
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USE 4-6 Sources
MODULE 3
Michigan State University (my alma mater) provides an Index, which can be used to identify emerging markets from a variety of dimensions for several emerging countries. Go to www.globaledge.msu.edu/mpi . Which four indicators would you say would be most important to a company that plans to market laptop computers to emerging markets? Which two countries would you advise the company to enter first? Why?
Paul Samuelson, a Noble Price Laureate, has stated that although the concept of Comparative Advantage is very simple that it is often the most misunderstood by the general public. Using the concepts of comparative and absolute advantage explain why you think it so often misunderstood. Be certain to include in your analysis why other considerations often may have led to this misunderstanding.
The WTO has become a very controversial global organization. Why do you think this is so? Do you think this controversy will continue or will it become more accepted and become a stronger global organization? Why do you think so?