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What are some potential drawbacks of free trade that should be considered when evaluating its impact on the economy?
Some potential drawbacks of free trade include job loss in certain industries, income inequality, and the risk of exploitation of workers in countries with lower labor standards. It is important to consider these factors when evaluating the impact of free trade on the economy.
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What are some of the drawbacks of globalization for the American economy?
One of the main drawbacks of globalization for the American economy is the claim that it makes the rich richer and the poor poorer. Also, it assumes that big business will act with less accountability.
Can you see any potential drawbacks of Cemex's inward investment in an economy?
CEMEX's inward investment in an economy can be seen except in Indonesia. In Indonesia, a pressure group was developed against CEMEX on the ground of nationalizing sentiments. to repatriate their foreign earnings (either through dividends or payments to the parent company) the local country loses some of the foreign capital they received from the Cemex investment.
Why is the consumer considered ''King'' in a capitalist economy?
The consumer is considered King, in a capitalist economy, because the spending of the consumer is what drives the entire economy. The more the consumer spends the better the economy becomes.
Which is better the American economy or the Mexican economy?
As of 2011 the American economy is better than the Mexican economy. However.... The Mexican Economy has the potential to surpass the American economy. In 2010: the American Economy grew: 2.9% the Mexican Economy grew: 5.3%
An economy at its production possibilities frontier is operating?
At full potential.
What are the key factors to consider when evaluating the biii impact of a new technology on society?
When evaluating the impact of a new technology on society, key factors to consider include its potential benefits and drawbacks, its impact on jobs and the economy, its effects on privacy and security, its accessibility to different groups, and its long-term implications for social norms and values.
Is Argentina considered an undeveloped country?
No, but Argentina's economy is operating way below its potential.
What are some of the drawbacks of globalization for the American economy?
One of the main drawbacks of globalization for the American economy is the claim that it makes the rich richer and the poor poorer. Also, it assumes that big business will act with less accountability.
Why is the Indian economy considered a great paradox?
Why is the Indian economy considered 'a great paradox'
What economic-system does Russia have?
The Russian economy is considered a high income economy by the world bank. The economy of Russia is considered the 8th largest economy in the world.
Can you see any potential drawbacks of Cemex's inward investment in an economy?
CEMEX's inward investment in an economy can be seen except in Indonesia. In Indonesia, a pressure group was developed against CEMEX on the ground of nationalizing sentiments. to repatriate their foreign earnings (either through dividends or payments to the parent company) the local country loses some of the foreign capital they received from the Cemex investment.
Why is the consumer considered ''King'' in a capitalist economy?
The consumer is considered King, in a capitalist economy, because the spending of the consumer is what drives the entire economy. The more the consumer spends the better the economy becomes.
What are the cons of a state directed economy?
Command Market Economy has serious drawbacks. First free enterprise and innovation can be stippled. Second, demand of consumers/citizens often will exceed the supply of government services-products.
Which is better the American economy or the Mexican economy?
As of 2011 the American economy is better than the Mexican economy. However.... The Mexican Economy has the potential to surpass the American economy. In 2010: the American Economy grew: 2.9% the Mexican Economy grew: 5.3%
In the early days of colonial North America which region was considered to have the poorest economy?
New England was considered to have the poorest economy is the earlier times of North America.
An economy at its production possibilities frontier is operating?
At full potential.
What is considered the backbone of Chile's economy?
Mining forms the backbone of Chile's economy.
