The spillover effect between global and domestic markets have a significant bearing on a nation’s economic growth. The spillover effect can be defined as the impact certain events in one economy has on another economy. For example, a consumption slowdown in the US negatively impacts countries that export a major share of their production to the US. On the other hand, a slowdown in China leads to a supply chain disruption for the world’s producers, as China is a major supplier of raw materials. < ..
Nine big financial changes that you must watch out for in October
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