Globalization & Multinational Corporation Term Paper

Globalization & Multinational Corporation - Term Paper physical exerciseIn the first paper, for instance, the motive looks deep into the key features that characterized both the Industrial Revolution and the Great Divergence. The author considers the divergence that occurred in the 19th century. By constructing a trade/ process model. The paper comp atomic number 18s the trade styles, technology and industrial growth between the north and south regions in this era of divergence.The second paper on the other hand significantly presents a multi-country theory of economic growth. This growth is related to how different countries are connected in terms of trade and exchanges. Since the stated growth is directly related to the human answer and knowledge accumulation, the paper revisits The Great divergence in relation to how specific countries connect to the rest of the creative activity and how these networks contributed to the phenomenon.The third paper is rather specific, focusin g on the issue of transportation cost as a factor that affected The Great Divergence. The paper focuses directly on the effects of transportation cost in different trade sectors. In an inquiry fashion, the paper specifically addresses how the reduction in transportation be of industrial goods. The paper recognizes that such a reduction is related to an enhanced convergence of economic growth rates.The papers relate directly to the issues affecting economic growth in many countries in the world. Currently, economic growth is directly related to trade and the costs of movement. In addition, these costs and trade depends on the connections and the networks that make it between the specific country and the rest of the world. Globalization and multinational corporations are a direct twist of this network. Since this is a current issue in business, the papers therefore bring out an interesting kindred between The Great Divergence and the current status of economy and globalization.My motivation for choosing the papers is therefore