Why would expanding the nations communications network be considered an increase in wealth, while improving the education of its people would not ve considered and increase in wealth

Q: How do indigenous knowledge systems contribute to the economy

A: Indigenous Knowledge System:- The Indigenous Knowledge Systems (IKS) Policy is a framework for…

Q: Can the Philippines benefit from the UN Sustainable Development Goals?

A: Sustainable development is a strategy of economic planning that tries to boost economic growth while…

Q: how does digital divide in some parts of the world limit the success of globalization?

A: Digital divide refers to a situation where the access to technology or the distribution of…

Q: What do you think is the importance of innovation in the economic development of a country?

A: The nations around the world tend to operate with the motive of increasing their economic, and…

Q: hat are the advantages and disadvantages of free trade? Do these arguments fully hold in relation to…

A: Advantages - Free trade cause international specialisation as it enable the different countries to…

Q: How can trade affect growth and its effect on poverty?

A: Trade: - it is the buying and selling of goods and services. There is direct link between poverty…

Q: Why do many people feel that local self-sufficiency is important? What consequences of globalization…

A: Globalization refers to the interdependence of the countries on each other for specific goods,…

Q: What is The strategies that developed country use to reduce the negative effects of globalization?

A: Globalization is a worldwide interaction of market. It is the process of buying and selling across…

Q: Intellectual property and patent laws vary greatly in developing countries. How wouldyou propose to…

A: Intellectual property is ownership of images, ideas or concepts which grant exclusive rights for use…

Q: Are trade restrictions necessarily bad for a developing economy? Under what circumstances are trade…

A: International commerce expands the range of products available to domestic customers, lowers the…

Q: Evaluate the ways that evolving communications and transportation technology influenced the world…

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: Does a trade surplus help to guarantee strong economic growth?

A: Trade surplus refers to the positive difference between the country’s exports and imports. The…

Q: why countries needs economic diversification

A: Economic variety, also known as economic diversification, refers to changes in the economic status…

Q: Should America help support countries with weaker economies in hard times? Consider how the global…

A: Helping and supporting weaker economies will be a social action initiated by such large economy.…

Q: hy we have more of Eastern influence than western influence

A: Answer is given below

Q: Is economic globalization leading to sustainable prosperity for all No

A: Sustainability refers to the situation that exists for a longer time period in the economy.

Q: What are the effects of Globalization to health and medicine? How about in economy? In…

A: Globalisation means the flow  of resources from one nations to another in ease . It integrates the…

Q: What have  been the ingredients for economic growth and development that China and India share?…

A: The economic growth level of a country is the level of GDP growth in the country. The level of GDP…

Q: does globalization has created new problems and exacerbated existing difficulties for many of the…

A: The Globalisation refers to the integration of world economies on whole. The integration would mean…

Q: Why should the Philippines take part in global governance

A: Philippines is one of the growing country with having more focus on economic growth than political…

Q: Justify the importance of regional cooperation for developing economies

A: Regional cooperation refers to the political and institutional processes developed by countries in a…

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: What would be the effect on the developing countries of the world if we were to change to a…

A: The ideology of a steady-state economy states that the population growth and integrity…

Q: How does urbanization/globalization affect development and population

A: Urbanization and globalization are to different economic concepts, but the primary motive behind…

Q: What are some of the ways that you can suggest that can help address the inequalities between rich…

A: The problem of non-availability of food is growing day by day. There have been instances when…

Q: If globalization continues over the next few decades, how might our lifes be different

A: Globalization is the process of interacting with an individual, companies worldwide for trade…

Q: For all of their diversity, less developed countries are linked by a range of common problems.Which…

A: Development refers to a concept in which the focus is done on improving the quality of life by…

Q: When might a country’s level of economic development mislead an international investor?

A: An investor is the one putting money into a business for getting a financial return.

Q: What is the economic state of countries that have numerous official languages? Is there a…

A: The concept that depicts the state of trends and variables of macroeconomy in a country at a…

Q: How does the concept of a cooperation economy promote sustainable development and address income…

A: A cooperation economy is a socio-economic system that prioritizes cooperation and mutual aid over…

Q: Analyze ways that show that an Organization have successfully used globalization to expand markets…

A: Globalisation has increased profit and expands market for various domestic and international…

Q: How has the proliferation of internet, online, and computer technologies impacted underdeveloped…

A: Digital divide refers to the gap or disparity in access to and use of digital technologies,…

Q: Explain why converging economies may present a strong argument for limiting flows of capital but not…

A: Developing nations are considered as converging economies that imitate the growth of developed…

Q: is the depletion of our natural resources caused by economic globalization? why or why not

A: Economic globalization refers to the increase in the transaction between the nations. This means…

Q: What is Term of Trade? Why the Terms of Trade in low and developing countries are normally low as…

A: The terms of exchange is the overall cost of products concerning imports and is characterized as the…

Q: What is the role of globalization and international trade in poverty reduction and employment…

A: Role of Globalization and international trade in poverty reduction and employment generation Lower…

Q: Determine the major links between wealth, birth rates, and shared environment within the United…

A: The need of engaging women in active workforce are often substantial in effort to scale back the…

Q: What are some globalization trends in the twenty-first century as they relate to technology?

A: Globalization:The process of which  organization develops international influence to begin operative…

Unfavorable Balance Of Trade

This topic is significant in the professional exams for both undergraduate and graduate courses, especially for