How many employees does it take to manufacture a toothbrush?
"Forty-five-hundred employees, 10 countries, five time zones. "
This article explains how globalization works by showing us how a simple electric toothbrush is made.
While the article does not deal directly with trading currencies, a solid understanding of the effects of globalization is necessary if you really want to learn about trade deficits and surpluses.
And it's an excellent read. Good stuff. I highly recommend that you share the article with your friends and family.
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- What the Heck are Trade Surpluses and Deficits and Why Should I Care? 00:07 12 July 2010
- "A Penny Made is a Penny Loss" 21:38 17 November 2006
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Forex Blog: Piponomics

