Question

WHAT IS THE NEAR TERM AND LONG TERM IMPACT OF THE CURRENT PANDEMIC ON EXPORTATING AND...

WHAT IS THE NEAR TERM AND LONG TERM IMPACT OF THE CURRENT PANDEMIC ON EXPORTATING AND IMPORTATIMG?

Homework Answers

Answer #1

Currently, the whole world is going through a pandemic which is affecting the economies of all these nations and the world economy is falling. International trade and foreign investments have come to a hault. Reports have shown that this pandemic would lead the world into a situation which would be worse than the Financial Crisis of 2008. In the short term, both exportation and importation would be affected badly. The exports and imports of all the affected nations are not showing any sign of recovery and there are chances that these trade conditions would remain the same in near term. Many parts of the world are in complete lockdown due to which the global economy is declining at a very fast pace. Moreover, the economy is expected to get stable and come to its natural level in the long term.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Discuss a major long term implication (what lasting impact) COVID-19 Pandemic will have on Health Care...
Discuss a major long term implication (what lasting impact) COVID-19 Pandemic will have on Health Care in the US.
Considering the current pandemic and the devastation it has caused to residents in long term care...
Considering the current pandemic and the devastation it has caused to residents in long term care facilities, what changes do you think are necessary to how can nurses advocate to promote safety for residents and staff.
How do the Fed purchases in the current pandemic (2020) influence short term and longer-term bond...
How do the Fed purchases in the current pandemic (2020) influence short term and longer-term bond yields?
what is the long term impact of increasing genetic variation between population? thx
what is the long term impact of increasing genetic variation between population? thx
Identify who the National Fire Protection Association and what is their impact on the long Term...
Identify who the National Fire Protection Association and what is their impact on the long Term Care industry?
Which are current liabilities? Current assets? Long-term assets? Long-term liabilities? Equity?
Which are current liabilities? Current assets? Long-term assets? Long-term liabilities? Equity?
What is a current liability? Distinguish between a current liability and a long term debt.
What is a current liability? Distinguish between a current liability and a long term debt.
What is the impact on caregivers, especially nurses during a pandemic and what is a positive...
What is the impact on caregivers, especially nurses during a pandemic and what is a positive coping strategy they can use?
what statement is false dealing with magnetic field near a straight long wire carrying constant current?...
what statement is false dealing with magnetic field near a straight long wire carrying constant current? 1.) magnetic field lines are a group of line perpendicular to the current? 2. there is no magnetic field near the wire 3.) magnetic field lines are a group of lines parallel to the current 4.) magentic field lines are a group of circles around the current
Current Portion of Long-Term Debt Connie's Bistro, Inc., reported the following information about its long-term debt...
Current Portion of Long-Term Debt Connie's Bistro, Inc., reported the following information about its long-term debt in the notes to a recent financial statement: Long-term debt is comprised of the following: December 31 Current Year Preceding Year Total long term-debt $377,900 $207,800 Less current portion (109,600) (102,000) Long-term debt $268,300 $105,800 a. How much of the long-term debt was disclosed as a current liability on the current year’s December 31 balance sheet? $ b. How much did the total current...