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Answer this question… It has made it easier for developed countries to import and export goods, but has sometimes led to the exploitation of workers in developing countries.

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Q: How has free trade had different impacts on developing and developed countries?
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An increase in nominal GDP increases the demand for money because?

An increase in nominal GDP impacts the demand for money in different ways. It causes the need for money to increase as more US products are sold to different countries, the US dollar value increases on importing goods from other countries. More money is needed in circulation because more goods can be bought with the US dollar from other countries as it has more value than the currency of other countries in which we are importing from.


List the major drivers of globalization and give three examples of globalization?

The three examples of globalization are the major drivers of globalization. The first is politics, the second is technology, and the third is economics. All three of these have impacts on different countries no matter the country that it is derived.


What are the positive and negative impacts on employment in developing countries where factories are being built by multinational corporations?

P: More jobs are created. Higher salaries. More advanced technology is brought to the country. N: National products are produced less. Multinational corporations may take advantage of the country's conditions to pay less to employees or give them less benefits, insurances...


What are 3 impacts on society from Lassez-faire?

3 impacts on soiety education


What is economic impacts?

There are many impacts the economics has on the world. Economic impacts are seen whenever something is wanted, needed, bought, created, or put up for sale.

Related questions

How has free trade has different impacts on developing and developed countries?

Answer this question… It has made it easier for developed countries to import and export goods, but has sometimes led to the exploitation of workers in developing countries.


How had free trade had different impacts on developing and developed countries?

Answer this question… It has made it easier for developed countries to import and export goods, but has sometimes led to the exploitation of workers in developing countries.


How has free trade have different impacts on developing and developed countries?

Free trade can benefit developed countries by opening up new markets for their goods and services, leading to increased exports and economic growth. However, it can also lead to job losses in certain industries that cannot compete with cheaper imports. In developing countries, free trade can provide access to new technologies and investment, but it can also disrupt local industries and lead to exploitation of workers and resources.


What negative impact did the United States have on developing countries following World War 2?

Spoiling underprivileged nations with coca-cola, automobiles, cigarettes, sunglasses, radios, and rock n' roll music, may have been some negative impacts on developing countries.


What are the expected social impacts of water privatization?

Ideas on the expected social impacts of privatizing public water systems in developing and developed countries can be fine at:Muñoz, Lucio, 2010. Pointing Out the Expected Price and Cost Impacts On Consumers and Producers From Implementing Water Privatization Under Conditions of Income Insecurity and Scarcity, Journal of Sustainability, Issue 3, Number 3, December 30, Rio Rancho, New Mexico USA.


Why is the debate between the international dependence and the neoclassical counterrevolution schools referred to as finger pointing?

The debate is often referred to as "finger pointing" because both schools tend to blame each other for the issues related to development. International dependence focuses on the negative impacts of developed countries on developing ones, while neoclassical counterrevolution emphasizes internal factors such as poor governance and institutions in the developing countries. Each side criticizes the other for causing or perpetuating underdevelopment.


What countries have top meteor craters?

I believe there is no reason why meteorites would prefer a specific country; they should be distributed more or less randomly. So, you would expect different countries to have more or less the same amount of meteor impacts per unit area; and the largerst countries (in area) to have more meteor impacts, simply because they have a larger area.I believe there is no reason why meteorites would prefer a specific country; they should be distributed more or less randomly. So, you would expect different countries to have more or less the same amount of meteor impacts per unit area; and the largerst countries (in area) to have more meteor impacts, simply because they have a larger area.I believe there is no reason why meteorites would prefer a specific country; they should be distributed more or less randomly. So, you would expect different countries to have more or less the same amount of meteor impacts per unit area; and the largerst countries (in area) to have more meteor impacts, simply because they have a larger area.I believe there is no reason why meteorites would prefer a specific country; they should be distributed more or less randomly. So, you would expect different countries to have more or less the same amount of meteor impacts per unit area; and the largerst countries (in area) to have more meteor impacts, simply because they have a larger area.


What are the impacts of television on the developing mind of the child?

it kills your child's BRAIN/ it decreases IQ


What are the positive impacts of sweatshops?

Some argue that sweatshops provide employment opportunities for people in developing countries, helping to alleviate poverty and improve living standards. Additionally, they can contribute to economic growth and the development of crucial manufacturing industries in those regions.


Why is information management important in developing countries and what are the impacts of information management?

Information management is important in developing countries because it can facilitate access to relevant data for decision-making, improve coordination among different sectors, and enhance transparency and accountability in governance. Effective information management can lead to more efficient resource allocation, better service delivery, and increased innovation in sectors such as healthcare, education, and agriculture, ultimately supporting overall socio-economic development.


What are the impacts of the different revolutions in Europe to Asia?

asia is being destroyed by the different revolutions


What has the author N R Bain written?

N. R Bain has written: 'Residential choices and their impacts in a developing coal resource area'