Identify a few disadvantages of global trade

What will be an ideal response?

ANSWER: Many people fear world trade and globalization because of the following disadvantages: Millions of Americans have lost jobs due to imports, production shifts abroad, or outsourcing of tech jobs. Some people find new jobs, but they often pay less than their old jobs. Millions of others fear losing their jobs, especially at companies operating under competitive pressure. Employers often threaten to outsource jobs if workers do not accept pay cuts. Service and white-collar jobs are increasingly vulnerable to operations moving offshore.

Business

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Real Estate transaction records should be kept for a minimum of:

A. one year B. two years C. three years D. four years

Business

WayToGrow Inc is one of the most popular brands of toys in its home market

The company decides to expand its business abroad and its board of directors feel that instead of trying to establish its presence all at once in multiple markets, it is better to expand one country at a time. This would limit their risk and allow them to analyze customer response, after which they could expand to other similar countries. WayToGrow is following a ________ approach. A) shotgun B) continuous C) born global D) sprinkler E) waterfall

Business