T EST BANK For International Business: Competing in the Global Marketplace, 14th Edition By Charles Hill. All SECT IONs 1-20SECTION 1 1) Debatethe characteristics of globalizatio n. Use an example in your discussio n. 2) Explain whatever is meant by the globaliza tio n of markets. Provide an example. Whatever are the most global markets? 3) Debatethe concept of the globalizatio n of production. 4) Whatever is the World Trade Organizatio n? Whatever is its role in the world economy? FORM 1 15) Whatever is the Internatio na l Monetary Fund? Whatever is the World Bank? Whatever is their relationship, if any, with each other? 6) Whatever is the Uruguay Round? List the measures impleme nted in the Uruguay Round. 7) Explain the trends in world trade and foreign direct investme nt since 1960. 8) Explain how the COVID-19 global pandemic has impacted globalizatio n. 9) Debatethe impact of technologica l change and automatio n on global markets. FORM 1Debatethe demographic s of world trade since the 1960s. How has the role of the United States changed? How is world trade expected to change in the future? 10) Why does China represent both opportunities and threats for established internatio na