A pejorative description of the tendency for talented individuals to migrate from poorer countries to richer countries in search of better employment opportunities and living standards.
The degree of ease with which productive factors can reallocate across sectors within an economy or across countries.
A comprehensive overview of the term 'globalization' within the context of economics, detailing its meanings, impacts, and the associated economic theories and frameworks.
An examination of the fundamental practices, historical significance, and diverse analytical approaches to understanding international trade.
The belief that international economic relations should be conducted on the basis of equal treatment for all non-nationals.
Relocation of business to a foreign country, typically to reduce costs or enter a new market.
The transfer of techniques from countries where they are more advanced to other countries where they are less advanced.
