Governmental Polices that impact, good or bad, on Global Markets. Think OPEC (Organization of Petroleum Exporting Countries), the Brexit vote in England and last but not least is Trumps' threat to put a 35% tax on goods produced outside of the US by American companies.
You can either comment on the above discussion tread or start a new one of your own.
OPEC (Organization of Petroleum Exporting Countries),
OPEC can destabilize economies of world by changing prices of oil. OPEC is oil cartel and set such price of oil which maximize profits of member countries.
the Brexit vote in England
Brexit vote is successful would set England free from European Union. It will reduce trade of many European countries and now these countries would have to renegotiate fresh agreements with England and vice versa.
Trumps' threat to put a 35% tax on goods produced outside of the US by American companies.
Trump threat to put a 35 % tax on goods produced outside of the US would severely undermine welfare of American people. Now American people would be compelled to buy goods at higher price after imposition of taxes.
But there would be positive impact on employments since now goods shall be produced at home.
Get Answers For Free
Most questions answered within 1 hours.