Sunday, May 15, 2011

Trading Between Countries

Trading between countries positively affects the country doing the exporting. The country doing the exporting creates a positive impact on the country’s GDP, making their economy better and healthier. The healthier that country gets the lower the unemployment rate gets and the higher the wage rate gets. For this reason the country is bringing in more money increasing the revenue. An example of this for Starbucks is the importing from Latin America helps their economy become healthier by making more capacity for employment and increases the country’s wages bringing in more money.

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