0
Does international trade accurately reflect the nature of global competition?
Wiki User
∙ 13y ago
No, Current trade in today's markets are not balanced at all. There are to many aspects to the world trade. We would be better off by closing some of the trade and to keep it here. This would eventually balance some things out. But it would definitely help with job creation, which is the driving force of any economy . Global competition is driven completely by the ability to buy the products. China for example is building there economy on our backs. Their growth they are going through right now is mirrored to our 1950's and 1960's growth. The one thing we can say about China is they have complete control of there economy concerning exports, have you been to Walmart or Target or just about any store in our country in the past 8 years and been able to find a product made in America. Unfair Global trade is and will be the down fall of America.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Main factors responsible for transition from domestic to international business?
Main factors responsibile for going global - the reduction of international trade barriers, a core competency or ability to produce a good at a lower cost than the competition, and access to excess capital.
What are international organizations that impact the global economy?
Broadly speaking, the international organizations that impact the global economy are corporations. There also exist some international agencies such as the World Bank and the International Monetary Fund.
What is example of global business?
global business the international certains labor in our industry
What is an effect of increasing global economic competition on the west?
The growth of the service industry has been one of the results in the West of increased global economic competition. A car mechanic and a waitress are two examples of service industry jobs.
Increasing specialization within the global economy depends on what?
International Trade
What has the author Oliver Budzinski written?
Oliver Budzinski has written: 'The governance of global competition' -- subject(s): Antitrust law, Competition, International, Economic aspects, Economic aspects of Antitrust law, International Competition, International economic relations
Why does the growth of the international trade lead to a rising global standard living?
International trade enables specialization, which brings increased efficiency and greater competition.
Why does the growth of international trade lead to a global rising standard of living?
International trade enables specialization, which brings increased efficiency and greater competition.
Write a notice for school notice board regarding an international competition onart on global platform?
notice board
What has the author Basil Blackwell written?
Basil Blackwell has written: 'The global challenge of innovation' -- subject(s): International Competition, International business enterprises, Technological innovations
How do the global competition impacts Tiffany's organization?
are global competition impacting Tiffany & Company
What is spatial organizing?
The New International Division of Labour refers (quite broadly) to the global spread of labour use across international borders in the face of globalization and increasing industrial competition
What has the author J David Richardson written?
J. David Richardson has written: 'Global Forces, American Faces' 'Revealing comparative advantage' -- subject(s): Econometric models, Comparative advantage (International trade), Commerce 'Understanding international economics' -- subject(s): International economic relations, International trade 'Empirical research on trade liberalisation with imperfect competition' -- subject(s): Commercial policy, International economic relations 'Empirical research on trade liberalization with imperfect competition' -- subject(s): Commercial policy, Competition, International, Econometric models, International Competition 'New Trade Theory and Policy a Decade Old'
When was Global Vision International created?
Global Vision International was created in 1998.
When was Global International Airways created?
Global International Airways was created in 1981.
When was MasterCard International Global Headquarters created?
MasterCard International Global Headquarters was created in 1984.
Difference between international and global communication?
what is the difference between international communication and global communication
