7. The world was impacted by the outbreak of the corona virus (COVID-19 virus). While the...

 

Transcribed Image Text:

7. The world was impacted by the outbreak of the corona virus (COVID-19 virus). While the initial impact has been primarily in China, the virus later spread worldwide. International Trade was impacted in several ways. Discuss fully in the form of an essay how this pandemic would have impacted the following areas to influence global trading: Global inflation Unemployment. Manufacturing companies. Aggregate supply Aggregate demand Government Spending globally. Interest rates Exchange rates I Be sure to state clearly how these areas affected international trade individually and collectively during and after the pandemic (COVID-19). (18 Marks) 7. The world was impacted by the outbreak of the corona virus (COVID-19 virus). While the initial impact has been primarily in China, the virus later spread worldwide. International Trade was impacted in several ways. Discuss fully in the form of an essay how this pandemic would have impacted the following areas to influence global trading: Global inflation Unemployment. Manufacturing companies. Aggregate supply Aggregate demand Government Spending globally. Interest rates Exchange rates I Be sure to state clearly how these areas affected international trade individually and collectively during and after the pandemic (COVID-19). (18 Marks)

Answer rating: 100% (QA)

The Ripples of a Pandemic How COVID19 Impacted Global Trade The emergence of COVID19 in late 2019 sent shockwaves through the global trade system What began as a localized health crisis in China quick... View the full answer