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11 months ago

How different nations are dependent on each other?

1 answer:

7 0

In this age of Globalisation, all the countries of the arena (big or small, rich or negative) are dependent on every for a few resources or the opposite, accordingly and interconnected through change relations. some examples of such mutual cooperation are as follows: India exports spices and imports crude oil from Gulf countries.

International locations change with every different when, on their very own, they do now not have the resources, or capacity to fulfill their own want and desires. through developing and exploiting their home scarce sources, international locations can produce a surplus, and alternate this for the resources they need.

Financial balance and fulfillment, leads(commonly) to political stability, much less crime, and extra alternate. All of which allows the helper u . s . by boosting their economy and lessening the threat of political instability and lowering average crime. more international locations being strong and prosperous is beneficial to all and sundry.

Learn more about Globalisation here:

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2 years ago

The aggregate supply curve normally a. slopes downward and to the right due to higher resource prices. b. has a horizontal slope

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Answer:

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In the short run, companies have fixed factors of production: prices, wages, and capital. In the short run, aggregate supply curve shows the correlation between the price level and output (normal supply curve). Only in case of a production increase due to technological improvements or other factors (decreasing input prices, etc), may the aggregate supply curve shift outward.

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3 years ago

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marishachu [46]

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2 years ago

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This agreement is known as a preferential trade agreement. It is called this because it tends to make it easier for specific goods to be traded but only to the countries that are part of the group and/or agreement. This agreement also makes it harder for countries that are not part of the agreement to be able to trade with the countries that are in order to maintain the countries within the agreement trading with each other.

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