How might a region's economy influence the world economy?​

Answers

Answer 1

Answer:

Despite concern about the negative impacts of globalisation on the economies of OECD regions, notably the loss of manufacturing jobs and enterprise relocation, this report presents evidence that region-specific advantages – embedded in specialised firms, skilled labour and innovation capacity – remain a significant source of productivity gain for firms, even for the largest multinational enterprises. This seems to contradict the hypothesis that globalisation reduces the importance of geographical proximity in business.

Economic geography in an era of global competition involves a paradox. It is widely recognised that changes in technology and competition have altered many of the traditional rules that determine location of economic activity, making it possible for firms to access the inputs and knowledge that they need from anywhere across the globe. Yet specialisation and concentration remain striking features of regional economies in the OECD. For example, many of the leading firms in "new economy" industries have tended to cluster together.

Explanation:


Related Questions

Driving his sport utility vehicle negligently, Bart crashes into a streetlight. The streetlight falls, smashing through the roof of a house, killing Chris. But for Bart's negligence, Chris would not have died. Regarding the death, the crash is the

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Answer:

Cause in fact

Explanation:

Cause in fact: The term "cause in fact" is also denoted as "factual cause" or "actual cause" and is described as a scenario whereby the defendant's breach has caused a specific chain of events that lead to an individual's damages directly. In the given scenario, the person needs to prove that the defendant caused him or her injuries in reality.

Example: If a particular bus tends to strike an individual's car, then the actions of bus driver are considered as the "actual cause" for the given accident.

In the question above, the given statement represents "cause in fact".

Analyze the map below and answer the question that follows. Please only reference the letter identified within the question. / Image courtesy of NASA Which body of water is located at Letter C on the map above? A. The Black Sea B. The Mediterranean Sea C. The Atlantic Ocean D. The Aegean Sea

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Answer:

It's B.The Mediterranean Sea

Answer:

B edge 2021

Explanation:

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