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One of the main factors contributing to the global economic growth has been that more third world countries have joined the global market. We know there are economical gains but need to specify what these political gains are. There are still some countries that find it too risky politically to join the global market.
Please respond to all of the following prompts:
Explain what the political motives are behind more third world countries joining the international market.
What is/are the motivational factors?
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1. An auto parts supplier sells Flow-Thru oil filters to car dealers and auto mechanics. The annual demand is approximately 1,200 filters. The supplier pays $4.25 for each filter and estimates that the annual holding cost per filter is 30 perce..
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