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An increase in nominal GDP increases the demand for money because?
An increase in nominal GDP impacts the demand for money in different ways. It causes the need for money to increase as more US products are sold to different countries, the US dollar value increases on importing goods from other countries. More money is needed in circulation because more goods can be bought with the US dollar from other countries as it has more value than the currency of other countries in which we are importing from.
List the major drivers of globalization and give three examples of globalization?
The three examples of globalization are the major drivers of globalization. The first is politics, the second is technology, and the third is economics. All three of these have impacts on different countries no matter the country that it is derived.
What are the positive and negative impacts on employment in developing countries where factories are being built by multinational corporations?
P: More jobs are created. Higher salaries. More advanced technology is brought to the country. N: National products are produced less. Multinational corporations may take advantage of the country's conditions to pay less to employees or give them less benefits, insurances...
Are multinational corporations a curse or blessing to developing countries?
Multinational corporations can have both positive and negative impacts on developing countries. On one hand, they can bring in much-needed investment, technology, and job opportunities, which can stimulate economic growth and development. On the other hand, they can exploit local resources, labor, and markets, leading to environmental degradation, social inequality, and economic dependency. The overall impact depends on various factors such as government regulations, corporate social responsibility practices, and the level of transparency and accountability in the business operations.
What are 3 impacts on society from Lassez-faire?
3 impacts on soiety education
How has free trade has different impacts on developing and developed countries?
Answer this question… It has made it easier for developed countries to import and export goods, but has sometimes led to the exploitation of workers in developing countries.
How had free trade had different impacts on developing and developed countries?
Answer this question… It has made it easier for developed countries to import and export goods, but has sometimes led to the exploitation of workers in developing countries.
How has free trade have different impacts on developing and developed countries?
Free trade can benefit developed countries by opening up new markets for their goods and services, leading to increased exports and economic growth. However, it can also lead to job losses in certain industries that cannot compete with cheaper imports. In developing countries, free trade can provide access to new technologies and investment, but it can also disrupt local industries and lead to exploitation of workers and resources.
What negative impact did the United States have on developing countries following World War 2?
Spoiling underprivileged nations with coca-cola, automobiles, cigarettes, sunglasses, radios, and rock n' roll music, may have been some negative impacts on developing countries.
What are the expected social impacts of water privatization?
Ideas on the expected social impacts of privatizing public water systems in developing and developed countries can be fine at:Muñoz, Lucio, 2010. Pointing Out the Expected Price and Cost Impacts On Consumers and Producers From Implementing Water Privatization Under Conditions of Income Insecurity and Scarcity, Journal of Sustainability, Issue 3, Number 3, December 30, Rio Rancho, New Mexico USA.
Why is the debate between the international dependence and the neoclassical counterrevolution schools referred to as finger pointing?
The debate is often referred to as "finger pointing" because both schools tend to blame each other for the issues related to development. International dependence focuses on the negative impacts of developed countries on developing ones, while neoclassical counterrevolution emphasizes internal factors such as poor governance and institutions in the developing countries. Each side criticizes the other for causing or perpetuating underdevelopment.
Where did climate change take place?
Climate change is a global phenomenon that affects the entire planet. It occurs in various regions around the world due to factors such as greenhouse gas emissions, deforestation, and industrial activities. The impacts of climate change can be observed in both developed and developing countries.
What countries have top meteor craters?
I believe there is no reason why meteorites would prefer a specific country; they should be distributed more or less randomly. So, you would expect different countries to have more or less the same amount of meteor impacts per unit area; and the largerst countries (in area) to have more meteor impacts, simply because they have a larger area.I believe there is no reason why meteorites would prefer a specific country; they should be distributed more or less randomly. So, you would expect different countries to have more or less the same amount of meteor impacts per unit area; and the largerst countries (in area) to have more meteor impacts, simply because they have a larger area.I believe there is no reason why meteorites would prefer a specific country; they should be distributed more or less randomly. So, you would expect different countries to have more or less the same amount of meteor impacts per unit area; and the largerst countries (in area) to have more meteor impacts, simply because they have a larger area.I believe there is no reason why meteorites would prefer a specific country; they should be distributed more or less randomly. So, you would expect different countries to have more or less the same amount of meteor impacts per unit area; and the largerst countries (in area) to have more meteor impacts, simply because they have a larger area.
What are the impacts of television on the developing mind of the child?
it kills your child's BRAIN/ it decreases IQ
Should the Oak Ridges Moraine be developed?
Many argue against developing the Oak Ridges Moraine due to its importance in providing clean drinking water, supporting biodiversity, and offering recreational opportunities. Developing the moraine would disrupt its ecological functions and could have negative impacts on surrounding communities and the environment.
What are the potential impacts of AI and automation on job markets in developing countries?
AI is transforming labor markets around the world. Existing research has focused on advanced economies but has neglected developing economies. Different impacts of AI on labor markets in different countries arise not only from heterogeneous occupational structures, but also from the fact that occupations vary across countries in their composition of tasks. We propose a new methodology to translate existing measures of AI impacts that were developed for the US to countries at various levels of economic development. Our method assesses semantic similarities between textual descriptions of work activities in the US and workers' skills elicited in surveys for other countries. We implement the approach using the measure of suitability of work activities for machine learning provided by Brynjolfsson et al. (2018) for the US and the World Bank's STEP survey for Lao PDR and Viet Nam. Our approach allows characterizing the extent to which workers and occupations in a given country are subject to destructive digitalization, which puts workers at risk of being displaced, in contrast to transformative digitalization, which tends to benefit workers. We find that workers in Lao PDR are less likely than in Viet Nam to be in the "machine terrain", where workers will have to adapt to occupational transformations due to AI and are at risk of being partially displaced. Our method based on semantic textual similarities using SBERT is advantageous compared to approaches transferring AI impact scores across countries using crosswalks of occupational codes.
How many people use biomass?
It is estimated that around 2 billion people worldwide rely on biomass for cooking and heating, particularly in developing countries. This reliance on biomass can have negative impacts on health and the environment due to indoor air pollution and deforestation.
