Pls give example each benefits of global economy
1. Free trade
2. Movement of labour
3. Increase economies of scales 4.Increase Invesments .
Sana po yung apat po na yan mabigayan po ng example salamat po sa tutulong...
1. Free trade
2. Movement of labour
3. Increase economies of scales 4.Increase Invesments .
Sana po yung apat po na yan mabigayan po ng example salamat po sa tutulong...
Answers & Comments
Answer:
s kung mali po..SORRY PO TLAGA!
Explanation:
1. One example of free trade is the agreement between the United States, Mexico, and Canada, known as the North American Free Trade Agreement (NAFTA). ... Wages have stagnated as workers are unable to compete in the new economy created by free trade.
2. Labor economics involves the study of all that affects these workers before, during, and after their working lives, for example, childcare, education, pay and incentives, fertility, discrimination, their non-work time, and pension reforms.
3. Economies of scale refer to the lowering of per unit costs as a firm grows bigger.
Examples of economies of scale include: increased purchasing power, network economies, technical, financial, and infrastructural.
When a firm grows too large, it can suffer from the opposite – diseconomies of scale.
4. The purchase of new land, factories, machinery and more are examples of economic investment. The purchase of shares, bonds, new or old land and more are examples of financial investment.