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Globalization and Internationalisation.  

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In this assignment I will explain the terms Globalization and Internationalisation and who they are applied in world trade. I will then explain the policies that the EU apply to protect their own markets. We will explore the hierarchy of trading preferences to the EU. I will then identify the main trading relationships covered by the hierarchy. Finally I will analyse the trade relationships between the EU, Japan and the USA or the global triad. Then pass comment on which one gets the most benefits from the current arrangements. Q1 The global spread of the term globalization is evidence of the very developments to which it refers. Every business guru talks about it. No political speech is complete without reference to it. Yet as little as 10 years ago the term was hardly used, either in the academic literature or in everyday language. It has come from nowhere to be almost everywhere....

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