Why did Italy decide to include the black market in its GDP numbers? This significantly lowered their GDP growth numbers which makes their economy appear stronger. This significantly lowered their GDP growth numbers which makes their economy appear weaker. This significantly raised their GDP growth numbers which makes their economy appear stronger.

Q: concept map, defining globalization

A: The concept of globalization is seeing the entire world as a single market place. The concept map of…

Q: Businesses in Finland sell a wide variety of products with manufacturing, woods, telecommunications,…

A: An unrestricted economy is one without government intercession or guidelines. In a simply…

Q: How new is globalization?

A: Globalization: The term globalization refers to the opening of economies and establishment of…

Q: As a student and a young citizen of the world, how can you respond to the effects of globalization?

A: Globalization refers to the global combination of societies as well as economics, which affects many…

Q: Why are the World Bank, the International Monetary Fund, and the World Trade Organization so…

A: World Bank: The World Bank is an international financial institution that provides loans and grants…

Q: Globality is the spreading and deepening consciousness of the world as a whole True or false

A: Globality is the awareness of the entire world as a single entity. Roland Robertson, a British…

Q: Give at least 10 positive effects of globalization. Explain why or how it affects.

A: In economic terms, it refers to the global interdependence that free trade has generated.…

Q: How new is globalization? What has led to increased globalization?

A: Globalization is the process of bringing people from all around the world together. It's the process…

Q: How is regionalism different from and yet part of globalization? What is the difference between…

A: Regionalism is a political philosophy that looks to build the political force, impact, and…

Q: Role of foreign trade in economic development.

A: Foreign trade is the commercial transactions between countries that take place. Consumer goods, such…

Q: Examine the gap between rural and urban areas across the globe. How is that gap affect by…

A: Across the globe,there has been gap between rural and urban areas. In rural areas there are lack of…

Q: Do you think that the balance of economic power in the world has started to shift from west to east?

A: Economic power means having impact to a great extent since the country is able to produce, sell or…

Q: How is the Philippines central to the history of economic globalization? What is the role of the…

A: The BIS (2017a) defines globalization as the flow of goods and services, people, capital, and…

Q: What are two challenges presented in globalization in haiti

A: Globalization occurs when foreign organizations exercise influence over other countries. Haiti…

Q: s internationalization just the same as globali

A: Export and Import: The term "export and import" are generally seen with reference to the trade of…

Q: Why do countries produce local goods when it is cheaper to import

A: The economist around the world argues that the free trade is the best for every economy as it…

Q: Generate a scheme on the effectiveness of regionalization to globalization.

A: Regionalism is considered to be a process that is more multidimensional and comprehensive that tends…

Q: Fortune magazine conducts an annual survey and publishes the rankings of the World's Most Admired…

A: Fortune Magazine has another well-respected, powerful list:  Fortune's World's Most Admired…

Q: Globalization makes new forms of consumption possible, but the effects of globalization on an…

A: The term "globalisation" refers to the increasing interdependence of the economies, population and…

Q: Differentiate between the economy of Philippines and kenya. Mention the key points and explain.

A: The system or network of products and services production, distribution, and consumption in a given…

Q: Why do you think labor standards and working conditions are lower in the low-income countries of the…

A: As per the World Bank, a low-income economy has a GDP per capita which is less than or equal to…

Q: In your own words, explain the Globalization as an economic process.

A: The transfer of capital, goods, and services across international borders or territories in response…

Q: Do you believe globalization beneficial to small Caribbean countries such as Trinidad and Tobago?…

A: In democratic government it has been seen that both public and private sector are involved. For…

Q: how do developing and developed countries benefit from globalization?

A: Globalization It is the process of interaction and increased integration among people, companies and…

Q: If a country is expected to achieve its goal of becoming a high-income country, but there are…

A: High-income countries are those countries who have a gross national income per capita over a certain…

Q: What is globalization. What is the pro and con of it.

A: Globalization refers to the interconnectedness of countries through the exchange of goods, services,…

Q: modern globalization. What do you see as the most important and consequential global interactions?…

A: Global interactions basically refers to a situation where economies open up their boundaries and…

Q: Do you think that globalization in our country and in the world brings more advantages? Or more…

A: Globalization has advantages as well as disadvantages. Due to globalization,trade has facilitated to…

Q: Answer in not less than 100 words. How do economic forces to facilitate the deepening of…

A: Economic globalisation refers to the rising interdependence of world economies as a result of…