Answer:
Things like social distancing, self-isolation, and travel restrictions have led to a large workforce reduction across all economic sectors and caused many jobs to be lost. Schools have closed down, and the need for commodities and manufactured goods has decreased drastically. In contrast, the need for medical supplies has significantly increased.
Globally, 73% of all respondents believe that conditions in the world economy will improve in the next six months. It’s the largest share to say so all year, while the share of executives expecting worsening conditions has shrunk by more than half in the past three months.
Answer:
Explanation:Product Differentiated is what companies use to make us choose one product form all the others options. A good example is a car marketing. Japan imports cars from the United States and exports cars to it. Why does it happen? If two countries are equivalents in their production and they have similar technologies available, we can see them exchanging the same goods or goods in the same industry category, like cars. We call it two-way trade based on product differentiation, it means, it is a better deal more than one-way trade based on the advantages.
