Asked by Jayla Ashley on May 12, 2024

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One has to work for a foreign-owned company to be personally impacted by the global economy.

Global Economy

An interconnected marketplace where goods, services, and labor are traded worldwide, and economic events in one part of the world can have an impact on other parts.

Foreign-Owned Company

A business entity that is owned by individuals or corporations from a country different from where the company operates.

  • Recognize the effects of the global economy on business operations and individual workers.
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TH
Tatiana HilarioMay 16, 2024
Final Answer :
False
Explanation :
The global economy impacts everyone, regardless of their employer or industry. Changes in exchange rates, trade policies, and global supply and demand affect prices, employment opportunities, and overall economic conditions in all countries. Personal finances, purchasing power, and job security can be affected by fluctuations in the global economy, regardless of the type of company one works for.