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Threats to global trade includeMultiple select question.7.7 billion potential customersincome inequalityrogue statesterrorism

Question

Threats to global trade include

  • 7.7 billion potential customers
  • income inequality
  • rogue states
  • terrorism
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Solution

The threats to global trade include:

  1. Income Inequality: This refers to the unequal distribution of income within a population. It can lead to social unrest and political instability, which can disrupt trade.

  2. Rogue States: These are nations that do not comply with international law and norms. They can pose a threat to global trade by disrupting trade routes, imposing sanctions, or engaging in illegal activities such as smuggling or piracy.

  3. Terrorism: Acts of terrorism can disrupt trade by causing physical damage to infrastructure, increasing security costs, and creating an environment of fear and uncertainty.

The option "7.7 billion potential customers" is not a threat but rather an opportunity for global trade. The more customers, the larger the potential market for goods and services.

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