Describe how can logistics disruptions affect trade between countries?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Describe how can logistics disruptions affect trade between countries?
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Introduction
Transport and logistics services facilitate worldwide trade and contribute significantly to the economy's growth and development. Sectoral associations comprise logistics facilities in the economy. Additionally, it connects the country to the global economy. When these factors — job insecurity, financial insecurity, poor working conditions, and natural corruption — are added together, deregulation is detrimental to every financial situation: it is damaging to job growth, adverse to working conditions, harmful to global communications, and detrimental to the environment
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