The volume of world trade rebounded sharply in 2010 on the back of a fairly modest growth rate in the world economy. What does this tell you about the nature of international production in today’s global economy? What does this tell you about the vulnerability of the world economy to any future trade wars?

The liberalization of trade policies has prompted the new era, which has seen the view of regional integration markets as a force of economic stability and global leadership. The global economy emerged after the financial crisis with critically aligned parallel support between the push for market stability and information technology acquisition which appears to cut across communities, overcome trade obstacles and regional differences. Therefore, one agrees that international business operations form an unstoppable force but catching with different states at varying rates. However, global political issues, environmental concerns, and protectionism levels are greatly obstructing global economic progress in terms of free trade. Due to these issues, international businesses’ future is critical as nations fear losing their heavy investments and consequently withdraw from certain regions.

Answer by Academic.tip's expert
An answer to this question is provided by one of our experts who specializes in business & economics. Let us know how much you liked it and give it a rating.

Cite this page

Select a citation style:

References

Academic.Tips. (2022) 'The volume of world trade rebounded sharply in 2010 on the back of a fairly modest growth rate in the world economy. What does this tell you about the nature of international production in today’s global economy? What does this tell you about the vulnerability of the world economy to any future trade wars'. 11 December.

Reference

Academic.Tips. (2022, December 11). The volume of world trade rebounded sharply in 2010 on the back of a fairly modest growth rate in the world economy. What does this tell you about the nature of international production in today’s global economy? What does this tell you about the vulnerability of the world economy to any future trade wars? https://academic.tips/question/the-volume-of-world-trade-rebounded-sharply-in-2010-on-the-back-of-a-fairly-modest-growth-rate-in-the-world-economy-what-does-this-tell-you-about-the-nature-of-international-production-in-today/

References

Academic.Tips. 2022. "The volume of world trade rebounded sharply in 2010 on the back of a fairly modest growth rate in the world economy. What does this tell you about the nature of international production in today’s global economy? What does this tell you about the vulnerability of the world economy to any future trade wars?" December 11, 2022. https://academic.tips/question/the-volume-of-world-trade-rebounded-sharply-in-2010-on-the-back-of-a-fairly-modest-growth-rate-in-the-world-economy-what-does-this-tell-you-about-the-nature-of-international-production-in-today/.

1. Academic.Tips. "The volume of world trade rebounded sharply in 2010 on the back of a fairly modest growth rate in the world economy. What does this tell you about the nature of international production in today’s global economy? What does this tell you about the vulnerability of the world economy to any future trade wars?" December 11, 2022. https://academic.tips/question/the-volume-of-world-trade-rebounded-sharply-in-2010-on-the-back-of-a-fairly-modest-growth-rate-in-the-world-economy-what-does-this-tell-you-about-the-nature-of-international-production-in-today/.


Bibliography


Academic.Tips. "The volume of world trade rebounded sharply in 2010 on the back of a fairly modest growth rate in the world economy. What does this tell you about the nature of international production in today’s global economy? What does this tell you about the vulnerability of the world economy to any future trade wars?" December 11, 2022. https://academic.tips/question/the-volume-of-world-trade-rebounded-sharply-in-2010-on-the-back-of-a-fairly-modest-growth-rate-in-the-world-economy-what-does-this-tell-you-about-the-nature-of-international-production-in-today/.

Work Cited

"The volume of world trade rebounded sharply in 2010 on the back of a fairly modest growth rate in the world economy. What does this tell you about the nature of international production in today’s global economy? What does this tell you about the vulnerability of the world economy to any future trade wars?" Academic.Tips, 11 Dec. 2022, academic.tips/question/the-volume-of-world-trade-rebounded-sharply-in-2010-on-the-back-of-a-fairly-modest-growth-rate-in-the-world-economy-what-does-this-tell-you-about-the-nature-of-international-production-in-today/.

Copy