Tuesday, November 26, 2013

Chapter 11

The Interconnectedness of the global economy is really what intrigues me about this chapter. The story about iceland, and the big mac in particular was interesting to me in that, Despite being an international economic force, mcdonalds couldn't sell their product in a relatively obscure (Bad Word Choice) country economically  (Iceland), because the costs were very directly to a larger economy (German), which, being on the euro, was strongly connected to the rest of europe. And the company was founded in America. Thus is the somewhat new economic reality.

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