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Considering the unregulated gambling that is happening on internet between peopl

ID: 373783 • Letter: C

Question

Considering the unregulated gambling that is happening on internet between people of various nations, it is resulting in minor disruptions to the trade relationship between the countries. Below are the reasons behind the disruption -

1. The countries are losing money that would have been otherwise obtained through taxes from local casinos and clubs due to the online gambling where the individuals gamble on internet with people in other countries. Thus the revenue is all flowing overseas.

2. Though there is an inflow or outflow of money between countries, there is no good or service of value that is being traded.

Explanation / Answer

this is about Gambling Goes Global on the Internet

i am just looking for some ideas

How do you see trade between nations disrupted at the present time based on any changes?