Current Global Changes John works for a large multinational with operations around the globe. He has been asked to assess the global trends which will have the largest impact on how his company will do business, and specifically, how it conducts HRM practices After much consideration John has decided that the European Economic Community, the North American Free Trade Agreement, the growth of Asia, and the General Agreement on Tariffs and Trade are among the largest recent global changes that will continue to have a lasting impact on his company This activity is important because understanding the impact of global affairs on HR management starts with an awareness and appreciation of recent changes that have had a dramatic impact on competition throughout the world The goal of this activity is to distinguish between the four largest global changes 1. Its members consist of two developed nations and one developing nation [Click to select) 2. An international framework of rules and principles for reducing trade barriers across countries around the world. General Agreement on Tariffs and Trade 3. Most members share a common currency (Click to select) 4 Resulted in fewer low skill jobs but more high-skill jobs for citizens of the United States North American Free Trade Agreement 5. This region has experienced the most explosive expansion over the last decade (Click to select) 6. Hasresulted in one of the largest free markets in the world Click to slot) 7 Focused on reducing tants and government subsidies General Agreement on Tariff and Trade 8 Competitors from China and South Korea began to be able to compete on both price and quality The Growth of Asia Current Global Changes John works for a large multinational with operations around the globe. He has been asked to assess the global trends which will have the largest impact on how his company will do business, and specifically, how it conducts HRM practices After much consideration John has decided that the European Economic Community, the North American Free Trade Agreement, the growth of Asia, and the General Agreement on Tariffs and Trade are among the largest recent global changes that will continue to have a lasting impact on his company This activity is important because understanding the impact of global affairs on HR management starts with an awareness and appreciation of recent changes that have had a dramatic impact on competition throughout the world The goal of this activity is to distinguish between the four largest global changes 1. Its members consist of two developed nations and one developing nation [Click to select) 2. An international framework of rules and principles for reducing trade barriers across countries around the world. General Agreement on Tariffs and Trade 3. Most members share a common currency (Click to select) 4 Resulted in fewer low skill jobs but more high-skill jobs for citizens of the United States North American Free Trade Agreement 5. This region has experienced the most explosive expansion over the last decade (Click to select) 6. Hasresulted in one of the largest free markets in the world Click to slot) 7 Focused on reducing tants and government subsidies General Agreement on Tariff and Trade 8 Competitors from China and South Korea began to be able to compete on both price and quality The Growth of Asia