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Explain whether you think that its a good thing for countries to adopt a free market economy and how this will impact on the global economy?
Thatoseragegp8413
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What Countries are part of the global economy?
none
IN your global economy how are countries affected by the economic prosperity of a trading partner?
Global economy helps countries that are affected by economic proserity with a trading partner. jhhhj
What is global economic downturn?
When the globalized economy, the economy of all countries, are in negative growth.
What is global market in simple meaning?
A Global market can pertain to the people from various countries that purchase goods and services. In a global economy, it is related to finance and trading between countries.
The emerging global economy?
The emerging global economy is such that people from different countries interact and depend on each other for successful business operations. The global economy chiefly depends on exports and imports. If something happens in a given country, its effects can either be positive or negative in a considerable number of other countries.
What does the rise of wipro teach you about the nature of the global economy in the first decade of the 21st century?
It shows that the global economy is all connected. When something happens in one country, it affects all countries.
What is one major role international organization play in global economy?
offering aid to developing countries
Explain the working of foreign trade multiplier and bringout its global implications?
The foreign trade multiplier is also known as the export multiplier. This happens in an open economy, and brings change in exports and change income. The global implications are that countries can trade with each other and raise their own income.
How has expansion of the global economy impacted US employment?
More jobs have been outsourced to other countries.
How did World War 1 effect the global economy of counteries including countries that were not in war at that time?
=a lot!!!=
What is the lingua franca of the global economy?
English is considered the lingua franca of the global economy, as it is commonly used in international business, trade, and communication. It is widely spoken and understood in many countries around the world.
Explain growth of the global economy?
There are only three factors that constitute and contribute to economic growth: Labor, Capital, Technology.
