What steps might be taken to mitigate negative consequences

Assignment Help Business Economics

Reference no: EM131112689

It is difficult to compare the size of a nation’s economy to the size of a multinational corporation (MNC), as it is a bit like comparing apples to oranges. However, by almost any measure, whether comparing GDP or revenues, it would appear that, were MNCs countries, a significant number of them would eclipse the economies of the majority of the world’s nations.

What are the impacts of this, whether political, economic, cultural, or otherwise? Should we be concerned? If so, what steps might be taken to mitigate the negative consequences? Conversely, what positive impacts might be derived and how might we capitalize on them?

Reference no: EM131112689

Questions Cloud

Calculate the share of wages that represents payments : In the United States, the average hourly earnings of production workers in 2007 were $17.45 per hour. The national minimum wage was $5.85 per hour. Assume that the minimum wage represents what a worker receives for "raw labor". Using these data, calc..

Equilibrium discrimination and crowding-long-run competition : Equilibrium discrimination and crowding. Suppose there are two occupations, economists and psychologists. Long-run competition. Most of the cost of a new airplane is in the research and development and in building production facilities. By contrast, ..

How countries address problem of currency market pressures : In a fixed exchange rate system, describe how countries address the problem of currency market pressures that threaten to lower or raise the value of their currency? Be specific, in other words, explicitly state what a country would do in the case of..

Market models in terms of productive-allocative efficiency : Compare the elasticity of a monopolistic competitor’s demand with that of a pure competitor and a pure monopolist. Contrast the two market models in terms of productive and allocative efficiency.

What steps might be taken to mitigate negative consequences : It is difficult to compare the size of a nation’s economy to the size of a multinational corporation (MNC), as it is a bit like comparing apples to oranges. What are the impacts of this, whether political, economic, cultural, or otherwise? Should we ..

Quantity theory of money states that the money supply : The quantity theory of money states that the money supply (M), velocity of money (V), price level (P), and real GDP (Y) are related by the equation . According to this equation, if velocity and real GDP are constant and the Federal Reserve decreases ..

Good trader with bad model-beat bad trader with good model : “A good trader with a bad model can beat a bad trader with a good model.” Critique MG’s failure with reference to normal backwardation model. Be very specific in pointing out what normal backwardation model entails and what MG did. Describe the proce..

Supply of and demand for the canadian dollar : Draw a graph of the supply of and demand for the Canadian dollar (C$) by the U.S. market. Diagram the effect of each of the following on the exchange rate; state whether the effect is long, medium, or short run.

Costly technology is being introduce into health care system : Consolidation activity in the hospital industry. One of the primary reasons that costly technology is being introduced into the health care system is

User Account

All Pages