9.1 Learning Outcomes: Explain what determines the level of economic development

9.1 Learning Outcomes:
Explain what determines the level of economic development

9.1 Learning Outcomes:
Explain what determines the level of economic development of a nation.
Identify the macropolitical and macroeconomic changes occurring worldwide.
9.2 Action Required:
The purpose of this interactive activity is to demonstrate your understanding of the concepts learned lessons by responding to discussion questions.
9.3 Test your Knowledge (Question): “In terms of demographics, countries with a young and growing population have greater growth potential”. How? Discuss.
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10.1 Learning Outcomes:
Recognize current trends regarding foreign direct investment (FDI) in the world economy.
Explain the different theories of FDI.
10.2 Action Required:
The purpose of this interactive activity is to demonstrate your understanding of the concepts learned lessons by responding to discussion questions.
10.3Test your Knowledge (Question):
Explain why a firm will favor direct investment as a means of entering a foreign market when two other alternatives, exporting and licensing, are open to it.