In a critical essay, indicate the main considerations Saudi Arabia faces from a currency perspective (e.g., currency values, interest rates, inflation, and trade issues) that ensue given two scenarios
March 10, 2020Analyze current international trade and finance activity
March 10, 2020Please prepare a roughly 1-page analysis of what the impact of automation might be for profit maximizing firms. nnI present you with a couple of different articles that offer very differently opinions on this subject. The first, which references a study by Bain, states that automation may replace as many as 2.5 million workers per year. http://www.wbur.org/hereandnow/2018/04/24/automation-jobs-middle-classnnThe second cites an NPR survey in which 94% of US workers across all industries say it’s unlikely they will lose jobs to automation. https://www.npr.org/2018/01/25/579160550/don-t-think-a-robot-could-do-this-warehouse-workers-aren-t-worried-for-their-job (Links to an external site.)nnWhy would firms switch to more capital (automation) rather than labor? Do you think it will move very quickly and/or accelerate what might happen in the long term?
