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How does the global economy affect the job market?

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.


How are global corporations a threat to America?

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.


How might global warming benefit humanity?

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.


How does the relationship between production costs and comparative advantage impact a country's ability to compete in the global market?

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.


How is poverty in Sub-Saharan Africa a global issue?

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.


People who invest in the stock market will automatically make money?

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


Why do you want to join ITC?

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.


How do exchange rates work?

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.


Current Indian market situation?

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.


Who created market economy?

government and people created market economy . Because government decide the market price . But sometimes people make their own market prices to get more money.


Instead of talking about global warming why are people not acting?

Because no one wants to make the sacrifices required to stop global warming.


What are the conditions imposed by the developed countries to help the backward countries?

kyoto protol imposed this condition and it was imposed to make world a better place by esp. controlling global warming!