Portfolio project by Ralitsa Ivanova https://padlet.com/missraliyivanova/a4jyb55e2bupjdxb LON180816005 en-us 2022-01-06 16:51:29 UTC 2024-11-18 03:16:30 UTC hello@padlet.com https://padlet.net/icons/png/1f60a.png 1a. What is the impact of COVID-19 on Commonwealth countries’ global and intra Commonwealth goods and services exports, and what are the prospects for trade recovery? missraliyivanova https://padlet.com/missraliyivanova/a4jyb55e2bupjdxb/wish/1979207488 The influence of the COVID-19 pandemic on global economies, corporations, politics, and society is enormous. 
Quarantines, lockdowns and high uncertainty have resulted in a considerable decline in demand for products and services, with global value chains carrying the financial blow on to main supplier countries.
COVID-19 is especially problematic for low-income countries, including numerous Commonwealth small countries. 

The COVID-19 pandemic had a damaging effect on resource demand in Commonweath countries, resulting in a drop in commodity prices, especially for oil. Other important goods, such as farm products and metals, were mostly unaffected.
International organisations have analysed the impact of Coronavirus on developing countries, focusing in particular on how trade in the commodity sectors has been affected (OECD,2020).
According to Derek S. Taddei, the strained supply lines due to Covid paired with an increase in demand we are seeing now would be one of the main reasons for inflation at the moment. ]]> 2022-01-06 17:42:51 UTC https://padlet.com/missraliyivanova/a4jyb55e2bupjdxb/wish/1979207488 1b. Identify and evaluate the sources of future growth including from the Commonwealth advantage. missraliyivanova https://padlet.com/missraliyivanova/a4jyb55e2bupjdxb/wish/1979280071 The unpredictable world offers both -problems and huge potential for the growing Commonwealth family of 53 countries with many opportunities of expanding, trading  and investing. 
Several of the poorest members' trade-led sustainable development possibilities are already changing as a result of increased use of new digital technologies.
With no doubt, the ability to sell online has helped a number of firms to generate more money and expand effectively.

Protecting the environment
By promoting the use of low-cost, ecologically friendly innovations and renewable energy sources. Illegal disposal of poisonous and hazardous waste is prohibited.]]> 2022-01-06 18:20:44 UTC https://padlet.com/missraliyivanova/a4jyb55e2bupjdxb/wish/1979280071