Over the last 30 years, China has emerged to become a major player in the world market. Even though their workers work in terrible conditions with poor pay compared to Great Britain and America, today it is the major exporter and is slowly taking control of a large slice of the world economy. This is because of their booming market economy; they are therefore capable to change the world’s first expert tariff, because the tax that is exacted from their business will outshine on certain goods especially bamboo chopsticks, in a country like Japan rather than Great Britain or America. This will be a totally new solution to the problem of limited resources in the world market since superpower countries like Great Britain and America will not control or dominate the world market.
Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in Great Britain? North America? Hong Kong?
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Academic.Tips. (2022) 'Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in Great Britain? North America? Hong Kong'. 1 September.
Reference
Academic.Tips. (2022, September 1). Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in Great Britain? North America? Hong Kong? https://academic.tips/question/describe-the-shifts-in-the-world-economy-over-the-past-30-years-what-are-the-implications-of-these-shifts-for-international-businesses-based-in-great-britain-north-america-hong-kong/
References
Academic.Tips. 2022. "Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in Great Britain? North America? Hong Kong?" September 1, 2022. https://academic.tips/question/describe-the-shifts-in-the-world-economy-over-the-past-30-years-what-are-the-implications-of-these-shifts-for-international-businesses-based-in-great-britain-north-america-hong-kong/.
1. Academic.Tips. "Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in Great Britain? North America? Hong Kong?" September 1, 2022. https://academic.tips/question/describe-the-shifts-in-the-world-economy-over-the-past-30-years-what-are-the-implications-of-these-shifts-for-international-businesses-based-in-great-britain-north-america-hong-kong/.
Bibliography
Academic.Tips. "Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in Great Britain? North America? Hong Kong?" September 1, 2022. https://academic.tips/question/describe-the-shifts-in-the-world-economy-over-the-past-30-years-what-are-the-implications-of-these-shifts-for-international-businesses-based-in-great-britain-north-america-hong-kong/.
Work Cited
"Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in Great Britain? North America? Hong Kong?" Academic.Tips, 1 Sept. 2022, academic.tips/question/describe-the-shifts-in-the-world-economy-over-the-past-30-years-what-are-the-implications-of-these-shifts-for-international-businesses-based-in-great-britain-north-america-hong-kong/.