Answer ONE of the following Six questions
Question 1:
“Global production will no longer be the default approach for large-scale production and that regionalisation and potentially localization will occur in various sectors” (Urry, 2014: 187). Critically evaluate this statement by drawing upon theory and by considering recent debates on economic sovereignty or security.
Question 2:
Provide a theoretically informed analysis of three benefits that come to a firm from functioning as an international business.
Question 3:
Provide a critical appraisal of John Dunning’s eclectic paradigm or the OLI model/framework. What are the advantages and limitations of this approach?