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Economic Problem

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Submitted By coolparam7
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Topic 2: “The solutions to economic problems are regional rather than global”

The topic asks you to debate whether the problems the world faces are better dealt with regionally, or globally. It wants you to look at the strengths and weaknesses of global institutions and compare them with the strengths and weaknesses of regional ones.

Examples of a regional organization are the European Union, NAFTA, ASEAN and Mercosur.
Examples of global organizations are the United Nations, World Trade Organization, World Health Organization, International Labor Organization and so forth.
Me
thanks man what i am thinking is that i should go for both like if china is involved in emissions so it harms surrounding nations also so it need global solutions am i going in right direction

http://www.un.org/apps/news/story.asp?NewsID=24558&Cr=peace&Cr1=security

The everyday economic activities of a society consist of number of activities linked to the production and consumption of goods and services. There is always a demand for goods and services which arise out of the human wants. Economic problem is one of the elementary economic theories in any economy. Economic problems occur as the resources are limited or scarce and our desire for goods and services to consume is greater than our ability to produce those goods and services. Thus it becomes difficult to satisfy all human wants or needs creating economic problems. Economic problems fall around the question of how to satisfy unlimited human wants with limited

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