Sign In
Ask Question
Brandy
Social Studies
31 January, 15:54
What are the effects of global trade?
+1
Answers (
1
)
Nadia
31 January, 16:17
0
Global trade is the trading of goods or services to the other countries. Suppose there is a company in a country who produces footballs, when they sell their product to other countries, it is called as the global trade. Also if we purchase goods or service from another country, it is also called as global trade. So any trade between the countries on the globe would make up the global trade. In simple words, imports and exports make the global trades.
There are many positive effects of trading globally. For example, if a company exports some product to another country, then this company would create more jobs, will boost the economy, give more experience of producing for foreign markets to the domestic companies, and with the passage of time, such companies can also have a competitive advantage in the global trade.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“What are the effects of global trade? ...”
in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which type of social influence do medical students experience when they engage in behavior that they privately feel is unacceptable and unethical, but that is considered normative in medical school?
Answers (1)
so, nothing is new: everything that happened in the past will happen again. give an example from a mass communication perspective.
Answers (1)
What did the U. S. and its allies want during the Soviet-Afghan War? How did they try to meet their goals?
Answers (1)
Which answers represent the three forms of money? Choose exactly three answers that are correct. A. Coins B. Checks C. Paper bills D. Electronic money
Answers (2)
It is the policy of the VA to maintain a safe and healthful work environment which includes providing trainees with the appropriate equipment to enable them to safely perform their jobs.
Answers (1)
New Questions in Social Studies
True or false Conservatives believe that families, faith-based groups, and private charities should be more responsible for protecting the neediest and the government less so.
Answers (1)
Judging from the drawing of el'mirador, which criterion - scale, genius, effort, or significance - makes mayan architecture most remarkable? Explain.
Answers (1)
Which of the following is an example of the idea of "separation of powers" in the American constitutional system? Each state elects representatives and senators to Congress. The process for creating laws involves Congress and the president.
Answers (1)
1. After earning a learner's license, what test must be successfully passed to earn an operator's license?
Answers (1)
Adam is the moderator of a group discussion, and one speaker in his group has been talking for a very long time. He can tell that the others in the group are getting impatient.
Answers (2)
Home
»
Social Studies
» What are the effects of global trade?
Sign In
Sign Up
Forgot Password?