resourcesConsequences Of A Global Economy
Four consequences of the global economy
the volume of world trade has grown at a faster rate than the volume of world output
experts forecast increased competition as trade is liberalized
foreign direct investment(FDI)is increasingly important
major investments have been among the U.S., Europe, and Japan
imports are penetrating deeper in to the world’s largest economies
result of a trend toward the manufacture of component parts
companies around the world find their home markets under attack from foreign competition