list down foreign products in the philippines as a result of globalization
Answers
Answered by
76
Answer:
Products and their Origins
Explanation:
1. Bread - Egypt
2. Pasta - China
3. Corn - Mexico
4. Canned Goods - France
5. Spices - India
Answered by
4
The foreign products in the philippines as a result of globalization are mentioned below.
Explanation:
- Imports Integrated Circuits ($12.3 billion)
- Refined Petroleum ($5.61 billion)
- Broadcasting Equipment ($2.89 billion)
- Office Machine Parts ($2.45 billion),
- Cars ($2.16 billion)
- These are the Philippines' top imports, with China ($34.5 billion), Japan ($8.21 billion), South Korea ($7.31 billion), the United States ($6.84 billion), and Indonesia ($6.34 billion) accounting for the majority.
- In 2020, the Philippines' gross domestic product (GDP) dropped by 9.6%, its poorest performance since the war and the worst contraction in ASEAN.
- The Philippine economy was one of the top performers in the world prior to the COVID-19 crisis, with an average growth rate of 6.6 percent from 2012 to 2019.
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