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Describe Five Different Changes and Emerging Trends in the Global

question 55

Essay

Describe five different changes and emerging trends in the global labor market. For each trend, briefly discuss challenges and opportunities that are presented to MNCs for global business success.


Definitions:

Japanese Goods

Products manufactured in Japan, ranging from electronics and automobiles to traditional crafts.

U.S. Economy

The economic system of the United States, characterized by a mixed economy with high levels of both government and private sector activity.

Nation's Exports

The goods and services produced in one country and sold to buyers in another country.

Imports

Goods or services brought into one country from another for sale or exchange.

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