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Trading for resources can foster economic growth, enhance diplomatic relationships, and provide access to a wider variety of goods and services. However, it can also lead to dependency on external sources, expose nations to global market fluctuations, and create imbalances if one party holds disproportionate bargaining power. Additionally, resource trade may contribute to environmental degradation and exploit labor in resource-rich regions. Balancing these positives and negatives is crucial for sustainable trade practices.
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What are some positives and negatives of unemployment compensation?
Positives: There will be less crime as people receiving unemployment compensation of "welfare payments" will not have to resort to crime in order to survive. Their will be less homeless people on the streets Negatives: The economy will suffer. Resources will be misallocated and standard of living will decrease as the employed will have to pay for the unemployed (through taxes). The government would also have to pay as these payments would be paid to the unemployed regularly. There will be less incentive to work as you don't have to work in order to be paid and this will damage the labour force.
What are the positives and negatives of a market economy?
The benefit of a market economy is that people are free to make their own preferences on what products or services to obtain. The problem is that the costs for the production are not paid by the supplier at all times.
What kinds of economic resources did Rome want?
they remained focus on farming and trading
How do nations obtain goods and services for which they lack adequate resources?
by trading with other nations to get what they need.
Why is trading so important?
because when we trade we get new resources so we would have more jobs
Positives and negatives of television?
what are some positives and negatives of television
What are the positives and the negatives of the primary source?
= What are the positives and the negatives of the primary source? =
What are positives and negatives on tidal?
the positives are no pollutionn woo the negatives are....you need water:(
What are the negatives and positives to a mri?
There are no negatives
What are the positives of logging?
positives- furniture negatives- deforestation
What was the positives and negatives of the model t?
the positives and negatives are buying the supplies and tools to build the Model T
What are the positives and negatives in theocracy?
Positives: You won't have to do the country votes
What are the positives and negatives about being a pizza delivery driver?
Positives - you get money Negatives - you can eat the good smelling pizza you are holding
What are negatives and positives on computers?
the positives iss my love is jone cina
Integeration in math?
negatives and positives
What are the positives and negatives of abseiling?
Nothing.
What are the positives and negatives of conversation in Antarctica?
Positives and negatives of conversation anywhere depend on who's conducting the conversation. This is also true in Antarctica.
