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What has happened to the group of countries called the new globalize-rs?
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What has happened recently in the group of the countries known as the ''new globalizers?
The group of countries known as the "new globalizers," which typically includes emerging economies like China, India, Brazil, and South Korea, have been experiencing mixed economic performances recently. Some have been grappling with internal challenges such as slowing growth rates, currency fluctuations, and political instability, while others have been actively engaging in trade agreements and seeking to boost their competitiveness on the global stage. Overall, the group continues to be important players in the global economy, with their actions and policies closely monitored due to their significant impact on international trade and investment flows.
What has happened recently in the group of countries known as the new globalizers?
New globalizers have excelled in the world market because of:fast growth of labour productivitymuch lower unit labour costshigh levels of capital investment (much of it linked to inward investment)crucially a reduction in the tariff levels imposed by industrialized economiesSome of the countries known as New globalizers are: ChinaBrazilIndiaRussiak12 quiz answer: There has been a dramatic increase in international trade: there has been a dramatic increase in international trade
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