What Are Global Economic Indicators? Economic indicators include measures of macroeconomic performance (gross domestic product [GDP], consumption, investment, and international trade) and stability (central government budgets, prices, the money supply, and the balance of payments). What are the 5 indicators of globalization? International trade in goods. International trade in services. Foreign affiliates. Foreign direct investments.
What Is One Argument In Support Of Globalization? The marginal are getting a chance to exhibit in the world market. Here are some other arguments for globalization: The proponents of global free trade say that it promotes global economic growth, creates jobs, makes companies more competitive, and lowers prices for consumers. What are the main
Does Globalization Increase Wages? Does globalization increase wages? The broad consensus of research is that globalization, both in terms of increased trade as well as increased capital mobility and foreign direct investment, has had only a modest effect on wages. How has globalization affected wages? Globalization of the Labor Market and Income Distribution These forces