Question: What are two implications that are derived from the fact that the volume of world trade has been growing faster than world GDP ? the

What are two implications that are derived from the fact that the volume of world trade has been growing faster than world GDP?
the world has become significantly wealthier in recent decades
the economies of the world's nation-states are becoming less intertwined
companies are focusing on the customization of products to meet more general tastes
more companies are dispersing production processes to different locations around the globe
 What are two implications that are derived from the fact that

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!