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Why are market towns important to andean local economies local economies?
Wiki User
∙ 11y ago
Wiki User
∙ 11y ago
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What is the effect of economic dualism on a country?
Dual economies are common in less developed countries, where one sector is geared to local needs and another to the global export market.
Can you me an example of local market?
gold market is the best example of local market....
What is the difference between local market and national market explain with example?
what is the difference between local market and national market
What is the movement from many local economies to one global economy is called?
globalization.
What are three of the common factors that make local economies different?
Competition in the marketplace, advancements in technology, and investments are three common factors that can differ for local economies. These factors influence the growth and the strength of each community.
Why are spiny lobsters important to local economies?
Spiny lobsters are important to local economies because they are a delicacy in many restaurants. People who harvest lobster for sale can make a good living.
What is the effect of economic dualism on a country?
Dual economies are common in less developed countries, where one sector is geared to local needs and another to the global export market.
Why do people egage in internationl business?
People engage globally because the economies of nations are now global, not local. In order to be productive and earn money for the company you have to think about the world market.
Do conflict diamonds help local economies?
Conflict diamonds 'help' the terrorists and criminals who profit from them. In local economies run by terrorists and criminals, you could say that conflict diamonds 'help' those economies, because the diamonds are turned into cash.
What are the negatives effects in international trade in local economies?
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Can you me an example of local market?
gold market is the best example of local market....
What is the difference between local market and national market explain with example?
what is the difference between local market and national market
How is sugar cane produced and how does it affect the local and the global economy?
How it's produced:How it affects the local and global economy:It affects the local economy like any other (agricultural) product: the free market severely affects the demand on a local level, while the supply depends on the global demand for the product. Usually sugar cane is produced in low-standing economies where the price is heavily influenced by the demand for the product (which isn't 'fair', ethically speaking). However, from an economic perspective, it's efficient for the richer economies as it's damaging for the local economy.
What is the movement from many local economies to one global economy is called?
globalization.
Why is it important for a business to conduct market research before locating a new branch in an overseas country?
To determine that the local market is strong enough to actually support a store there.
What are three of the common factors that make local economies different?
Competition in the marketplace, advancements in technology, and investments are three common factors that can differ for local economies. These factors influence the growth and the strength of each community.
The negative effects of international trade in local economies?
negatives effect of international trade
