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What causes inflation in the industrial and developing globe after COVID?
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- How does globalization affect current economic trends in the United States and what problems does the average consumer face due to the rising cost of inflations?Is inflation likely to be a severe problem for at least some high-income economies in the near future?Is inflation likely to be a problem for at least some low- and middle-income economies in the near future?
- How does the meaning of globalization vary in its 4 phases of development? The four (4) phases of globalization namely: Phase 1: Humanizing the globe, Phase 2: Localizing the global economy, Phase 3: Globalizing local economies, and Phase 4: Globalizing factories.What sorts of policies can governments implement to encourage convergence?How has globalization impacted the American economy? (Check all that apply) the secondary sector has been weakened by downsizing, technology, outsourcing and imports the primary sector has been weakened most existing and new jobs are in the service sector
- What factors occurred that changed the growth n China and India in 2009-2013?What may happen to ASEAN’s economy if growth in China continues or contracts?Retrieve inflation data from The World Bank data base (http://databank.worldbank.org/data/home.aspx) for India, Spain, and South Africa for 20112015. Prepare a chart that compares India, Spain, and South Africa based on the data. Describe the key differences between the countries. Rank these countries as high-, medium-, and low-income. Explain what is surprising or expected about the data.
- How does globalization affect the GDP of a country and what are some ways in which globalization affects the GDP of a country?Why are inflationary dangers lower in the highincome economies than in low-income and middleincome economies?The spread of barcodes was delayed in the United States because everyone was waiting for someone else t move.What policy could have been adopted to address the delays?Would it have been a good idea?
