Question:
Why does International Economies being more Connected be an Advantage or Disadvantage?
Author: eric_galvaoAnswer:
-Firms and Economies can Grow on a New Scale and Ways -Countries now Dependent on each other - so therefore Crisis in One Nation can affect another. [2008] -Global Trade Imbalances also means that Politics gets Negatively Impacted. America is in a Deep Current Account Deficit with China, so America posing up Tariffs to the Chinese will harm the 2 Superpowers and slow down Economic Growth and Trade
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