Categories: All - markets - trade - culture - competition

by AS - 12RA 852819 Heart Lake SS 1 year ago

71

Comparison diagram

The text highlights both negative and positive aspects associated with economic and trade dynamics on a global scale. On the negative side, it points out the challenges such as increased competition, the risk of global recessions, the lack of support for local businesses, unequal economic growth, imbalanced trade, and job displacement.

Comparison diagram

VS.

POSITIVE

Increased labor mobility
Improved international relations.
Higher quality goods
Access to New Markets.
Lower Costs for Products.
Lower Costs for Products.
Access to New Cultures.

NEGATIVE

Increased Competition
Imbalanced Trade.
potential global recessions.
Causes job displacement.
Lack of local businesses.
Unequal economic growth