What do we consider a shock in globalbusiness?O Development of a new technology that is anincremental innovation.O A piece of news about an event that wasexpected to occur.O The shift of labor-intensive manufacturingoperations from home markets to developingnations.Very large disruptions that cause a significant lossin a company's operations.

A Shock refers to an unexpected or non-predictable event that affects an economy, either positively…

Answered: What do we consider a shock in global…

What do we consider a shock in global business? O Development of a new technology that is an incremental innovation. A piece of news about an event that was

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter20: Economic Growth In The Global Economy

Section: Chapter Questions

Problem 4P

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