9.23.2010

Beastly Terrorism Impact on Trade


Terrorism would be a really tough treat to every nation; the national economics would be obstructive by terrorism. We should notice that they are risky to many industries. On behalf on financial trade, terrorism would also hound the business and made the foreign investors quit the stake, for example, One such example of this phenomenon is the resulting collapse of small or floundering airlines after the September 11th attacks on Americans in 2001.Fear can make the stock holder sell their stocks irrationally and cause the turbid situation to the capital market. On behalf of good trades,  there’s a famous pirate called Somali who always attempt to raid and robbed the commercial fleet. Let's say China could produce lots of products domestically,but it still need to import some high technological products from the U.S. Those terrorist would like to bring disease to the U.S through food and some other beverages, which we called that bilogical weapons. In 2002, the U.S require all the food and beverage should be registered for FDA, which raised up the authorative price for the imported costs. Beyond this, defense spending and insurance would increase the cost rapidly.F
Reference
Thompson, M. (2010). The $1 Trillion Bill for Bush's War on Terror. Retrieved  

       from http://www.time.com/time/nation/article/0,8599,1868367,00.html.

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