3 i dont know but uhh i guess its correct
Answer:
Economy is basically a society, and population is how many people live or work inside the community. Economy is basically doing labor work and then using it to buy food, clothing, shelter, education, health facility, etc. Which will be achieved if there was a good economy. Population is basically the amount of total people either living or visiting the community, town, city, state, country. Example: Philadelphia, PA is populated by 1,600,000+ people/citizens.
An independent entity whose purpose it is to oversee cross-border trade issues and global business practices is called the World Trade Organization (WTO).
World Trade Organization (WTO), is a global regulatory body with its headquarters in Geneva. To replace the General Agreement on Tariffs and Trade, it was established in 1995. (GATT).
Like its predecessor, it seeks to promote international trade and lower trade obstacles. It also negotiates and puts into effect new agreements while keeping an eye on members' compliance with GATT rules.
The WTO is criticized for allegedly undermining national sovereignty by serving the interests of powerful multinational corporations and for encouraging trade liberalization that harms the environment and lowers living standards for low-skilled workers in developing nations, among many other grievances. The WTO has more than 145 members at the start of the twenty-first century.
Learn more about World Trade Organization here:
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Answer:
Competitive advantage
Explanation:
Competitive advantage gather the whole characteristics of a product against another product or the whole market, if you want to know how competitive your product is, you need to compare it with another similar products and the general market and include something different in your product to be competitive these can be price, quality, ad campaign and so on.
