The meterorologist would tell the student that the northern Atlantic Ocean is far too cold to form a hurricane. Hurricanes develop in warm waters.
One of the benefits of globalization is the rise in living standards of people in countries around the world. The dynamic structure of the global economy as a result of globalization has influenced the macroeconomic policies in the world towards the realization of even greater globalization benefits. Some of the key policy making bodies that have been impacted include; the academic economists, the national policy making bodies, the general policy making community and the International Monetary Fund (IMF)
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In order to decrease consumption and product, modifications must be done to lessen the reliance on a particular type of support and control the distribution of resources. The two options that perform this are pricing stocks accurately and reducing reliance on energy supplies.