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Countries with the largest oil reserves include Venezuela, Saudi Arabia, Canada, Iran, and Iraq. These countries possess significant amounts of proven oil reserves that make them key players in the global oil industry.
India is considered a strategic location due to its geographical position, between the Middle East and Southeast Asia, making it a key player in regional politics and trade. It also has vast coastlines, access to major global shipping routes, and shares borders with multiple countries, giving it a significant role in regional security and stability. Additionally, India's growing economy and population make it an important market for international businesses.
Indonesia, Malaysia, and Brunei are the three countries that make up the island of Borneo.
European countries wanted raw materials to support their growing industries and economies. These raw materials were often not available in Europe in sufficient quantities, so they sought them from colonies in Africa, Asia, and the Americas to power their industrial production, increase wealth, and maintain their competitive advantage in the global markets.
Brunei, Malaysia and Indonesia are the 3 countries that make up Borneo. Borneo is also an island.
One way the global economy effects the US job market is when it's bad people in other countries are not able/willing to buy products so there is less need for workers here to make these products.
Some people think global corporations are a threat to America because they can outsource jobs to other countries. In most cases the outsourcing of jobs to other countries make the service or the product available to the American consumer at a lower cost.
Well in some countries it may make it warmer and people in this certain area would appreciate it. But on the down side ice caps are melting and countries are flooding.
The relationship between production costs and comparative advantage affects a country's competitiveness in the global market. When a country can produce goods or services at lower costs compared to other countries, it has a comparative advantage. This allows the country to compete more effectively in the global market by offering lower prices or higher quality products. Conversely, if production costs are high, it can make it difficult for a country to compete internationally. Therefore, managing production costs and leveraging comparative advantage are crucial for a country's success in the global market.
Basically, it isn't, but most people would like to think they care, and so they make it a global issue of it to engender support for the causes within the affected countries in the hope of removing the poverty.
No. Stock Market investors can make money as well as lose it. There is no guarantee that you will make money in the stock market
By joining ITC as a donor or support partner, your company can assist small businesses in developing nations to become competitive on the global market. You can also make an impact by lobbying for government to support exportation of goods from developing countries.
The beginner level:Exchange rates are set by market forces. The currency is "traded" in a global market place.Its value is set by how badly people want a certain currencyThis can be effected by interest rates in each country, government and personal debt levels in each countryAnd of course whether other countries and business will accept the currency for payment of debt.Finally there are Currencies that are pegged or locked to the value of gold or another currency by that countries law. This brings in a black market exchange of this currency that can make gangsters good money.Please see: How do exchange rates work?Thanks.
The market is unstable. It is expected that India will be able to come out of the recession strong and might make it out before other countries.
government and people created market economy . Because government decide the market price . But sometimes people make their own market prices to get more money.
Because no one wants to make the sacrifices required to stop global warming.
kyoto protol imposed this condition and it was imposed to make world a better place by esp. controlling global warming!