How globalization affects the gross domestic product

Reference no: EM13222216

Gabe wants you to address the following situation and prepare a report on globalization. The report should consist of opportunities and threats caused by globalization and the reactions from them. Gabe has also explained that you have done really well on your previous assignments and are proving to be an important addition to the economic strategy research team.

For this assignment, you must submit a report consisting of 500-750 words in which you outline the opportunities and threats caused by globalization.

You must address the following in your report:

Define globalization.
Explain how globalization affects the market economy.
Identify 4 opportunities caused by globalization.
Identify 4 threats caused by globalization.
Explain how globalization affects the gross domestic product (GDP).
Explain your thoughts on globalization in your own words (e.g., is it bad or good? Why or why not? Does it affect all countries?).

Reference no: EM13222216

Questions Cloud

Compute opportunity cost of building two more huts in a day : There are six equally productive individuals on the island. Each person can gather 25 coconuts in one day or build one hut in a day. a) Draw the production possibilities frontier of the trade off between coconuts and huts.

What is an insurable interest : What is the difference between a sale on approval and a sale or return?

Explain a mixture nitrobenzene and 4-methoxybenzoic acid : Propose a step-by-step microscale extraction procedure that could be used to separate a mixture nitrobenzene, 4-methoxybenzoic acid, and benzylamine into the pure compounds using extraction technique.

How to replace toll booths on a toll road in the city : A city engineer knows that she will need 25 million in 3 years to replace toll booths on a toll road in the city. Traffic on the road is estimated to be 20 million vehicles per year. How much per vehicle should the toll be to cover the cost of the..

How globalization affects the gross domestic product : The report should consist of opportunities and threats caused by globalization and the reactions from them. Gabe has also explained that you have done really well on your previous assignments and are proving to be an important addition to the econ..

How to find the standard time for the operation : An analyst has timed a metal-cutting operation for 50 cycles. The average time per cycle was 10.40 minutes, and the standard deviation was 1.20 minutes for a worker with a performance rating of 125 percent. Assume an allowance of 16 percent of job..

Explain the decomposition of hydrogen iodide gas : How many grams of solid Iodine are produced by the decomposition of 3.8 grams of hydrogen iodide gas? Round your answer to one decimal place.

How to build an economic model to forecast future events : 1)When people must pay higher taxes on their wage earnings, it reduces their incentive to work is a positive statement. 2) We should lover taxes to encourage more work is a positive statement. 3) Economics cannot always be used to completely decide w..

Define metal from the left side of the periodic table reacts : Explain why ionic components are formed when a metal from the left side of the periodic table reacts with a non-metal from the right side. give two examples of each

User Account

All Pages