A number of major political and economic upheavals occurred in the 1990s. These events have driven many new trends in international business. Some of these events and trends include:
Liberalization of markets
Deregulation of industries
Changes in Eastern Europe since the fall of the Berlin Wall
Financial crisis in Mexico (1994) and Southeast Asia (1997)
Identify and explain the importance of three major trends in international business since the 1990s. You may use the list above or you may consider other trends in international business. Why are these trends important for the global economy? How do they affect multinational corporations? How do they affect you as a consumer?
Based on your textbook reading and Internet research, answer these questions in a short essay, 3–4 paragraphs in length, and post the essay in the Discussion Area. Cite your sources, as appropriate. Comment on at least two other essays. In your response to other student essays, consider the following:
Do you agree or disagree with the author of the essay? Why?
How do your views differ with those of the author of the essay?
Did you learn something new from this essay?
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