in what ways did NAFTA influence trade?
global trade influences the efficiency of many people's lives! in a result green money comes at them
Exports and imports are interconnected components of international trade. Exports represent goods and services produced domestically and sold to foreign markets, while imports are products and services bought from other countries. The balance between exports and imports influences a nation's trade balance, economic growth, and currency value. A country with higher exports than imports typically experiences a trade surplus, while the opposite results in a trade deficit.
how economic variables influences on consumer behavior
The concept of the extensive margin in international trade refers to the decision-making process of whether to enter a new market or expand existing operations. It involves considering factors such as costs, market potential, and competition to determine the feasibility and benefits of expanding trade activities. This concept influences decision-making by highlighting the potential gains from increasing trade volume and market reach, as well as the risks and challenges associated with expanding into new markets.
Opportunity cost is the value of the next best alternative that is forgone when a decision is made. It influences decision-making by prompting individuals to consider the trade-offs involved in choosing one option over another. By weighing the potential benefits and drawbacks of each choice, individuals can make more informed decisions based on what they value most.
trade influences culture regardless of distance.
the weather just does what it does!! that is how the gods made it.
global trade influences the efficiency of many people's lives! in a result green money comes at them
Religion (Hinduism) Spicy Foods and Superstitious Beliefs.
how trade influences culture regardless of distance.
that directly influences the quantity of goods and services that a country imports or exports.
It helped create more trade and made Mali richer
China worked to block outside influences. This allows them to preserve their culture without having to worry about outside influences.
Geographical influences refer to the impact that natural features of a specific location, such as climate, terrain, and resources, have on human activities, culture, and development in that area. These influences can shape factors like settlement patterns, trade routes, and agricultural practices.
it was the same as the BritishObviously the the governments of many former British colonies are base on the British system of government and law. That and in some instances influences that came from the original culture and religion.
global trade influences the efficiency of many people's lives! in a result green money comes at them
Carthage was built in modern-day Tunisia, in the north of Africa, not in Ireland. Carthage was a major trading city and port, so it did have influences on trade.