Write your opinions (Positive & Negative) of coronavirus. heellpp ...

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The coronavirus continues to spread around the world, and its affecting the business and economy. The firms in the pharmaceutics, textile, and capital goods sectors are seeing more orders than usual, however the tourism and airline industry are strongly suffering. It has affected the GDP of almost all the countries. As the world grapples with coronavirus, it's economic impact is increasing with the warning by OECD that the virus can be the biggest danger to the world's economy since 2008 recession. The UN trade agency, UNCTAD, warned of a slowdown of global economy to fewer than 2%, causing a loss of $1 trillion to the world economy. The closed trade can cause a loss of benefits of scale and specialisation. Businesses due to coronavirus are dealing with disrupted supply chains and lost revenue. The most positive of coronavirus is that today all the countries understand that the deeper international co-operation is the most efficient and effective vaccination against viral protectionism

Rahul Sunny answered 1 hour ago

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