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Ask us anythingIncreasing specialization within the global economy depends on what?
Increasing specialization within the global economy depends on several factors, including advancements in technology that enhance communication and transportation, allowing for more efficient production and distribution. It also relies on the comparative advantages of countries, where nations focus on producing goods and services that they can create most efficiently. Additionally, trade policies and international agreements facilitate the exchange of specialized products, further driving specialization and interdependence among economies.
What else can I help you with?
Increasing specialization within the global economy depends in what?
International trade Apx
Increasing specialization within the global economy depends on what?
International Trade
What limits specialization in the global economy?
Trade barriers.
The global economy can have specialization in production because of what?
The international division of labor
What is specialization restricted by in the global economy?
Protective tariffs
Increasing specialization within the global economy depends in what?
International trade Apx
Increasing specialization within the global economy depends on what?
International Trade
What limits specialization in the global economy?
Trade barriers.
The global economy can have specialization in production because of what?
The international division of labor
What is specialization restricted by in the global economy?
Protective tariffs
What are the reasons for global unemployment?
It mostly depends on the country's economy, education, population, etc. But number one would probably be poverty and the economy.
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 is the significance of global economy?
Its Global.
Coming days gold price?
Depends on global economy. If shrinks - it will go down and vice versa
What are the most dominant areas in the global economy?
The most domi The most dominant areas in the global economy include: nant areas in the global economy include:
What is the effect of politics in global economy?
A strong political will will keep the global economy sound
How do specialization and trade benefits both trading partners?
specialization gives countries resources to other countries which creates an entry into the global trade.
