1. college essay
In this essay I will be comparing the UK economy with that of the US, based on macroeconomic performance. ... This basically means that if a citizen of the country gets an income from investments in another country, for example, that is included in the figures. ... For example if there is low unemployment we generally assume that there is high inflation and visa versa. ... For example, printing money to fill a large deficit is a source of inflation , this could be because a country is trying to get itself out of debt. ... An example of this would be in the Oil trade. ...
Globalization is one of the most powerful concepts in today's economic development. National companies are highly attracted to the global market, and their interaction with foreign countries is becoming inevitable. For this reason, Wang claim that globalization results in the homogenization of bu...