Wednesday, May 6, 2020

The Crisis And Its Effects On The International Business...

In our society, we are dealing with conflicts that affect us greatly. Most of these conflicts are involved with wars, politics, and financial issues. We usually learn from these problems and make sure they don’t get happen again. Maintaining the peace is an important element for us to become a better person. Even though, we might have encountered many issues, Europe is the one country that is still having a major crisis. Many of the refugees are attempting to gain freedom from their suffering of war. The only problem is that many of them are struggling to reach the European borders. The reason is because transportations are limited, and it is hard to attain. The Europe, migrant crisis has been occurring for a while, as it has an impact on†¦show more content†¦In this case, the Europe’s migrant crisis must be dealt with extreme caution. During the rise of the European migrant crisis, Syrian refugees have captured the attention of different countries around the w orld. Furthermore, it has become a troublesome for international businesses. For instance, companies or firms would have to operate differently to avoid loss in profit. Current employees would also be replaced with Syrian refugees due to cheap labor. This would make the unemployment rate go down, but either increase or remain unchanged (Sharma). In addition, companies might have to pay heavy taxes for the refugees to learn and adapt to their new homes. According to Mr. Smith’s article, he mentioned how â€Å"the cost of absorbing the migrants is undeniable† (Smith). In this case, companies would have to figure out a way to deal with this problem, as it could harm them. Even though refugees are moving into the Europe countries, they could help international companies by bringing something new to the market. It would not just help the business, but increase the job rate. Besides the impact on international business, the economy is beginning to change. The growth of the economy is becoming difficult to maintain because of population rate is increasing, especially with the arrival of the refugees. To expand upon this, Holly Ellyatt

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