The world economy or global economy is the economy of the world, considered as the global trade of merchandise and enterprises that is communicated in fiscal units of record (cash).
Global economy is very important to the US, the US economy is additionally influenced by its exchange and money related linkages with whatever remains of the world.Global economic improvements assume a critical part in driving action and money related markets in the US.
An advantage is that American laborers can be paid higher wages for the work they do which is additionally more particular. A disadvantage of that in the meantime is that they land less positions at last as its less expensive to utilize specialists abroad in China.
Answer:
The airlines base the policy on the assumption that the consumer demand is less elastic as time of departure approaches.
Explanation:
Price Elasticity of Demand refers to price sensitivity; i.e. the rate at price changes with demand.
As the purchase and flight departure gets smaller, the arrival rate of the passengers will definitely change.
When the demand of a commodity is less elastic, then it will cause a large changes in price of that commodity to effect a change in quantity consumed.
Answer:
dorothy and toto reach at the Land of oz
Explanation:
when dorothy and toto reach the Land of Oz they will regroup with them and help the city of Oz