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+--- Thread: How so time zones affect trading with other countries? (/thread-53525.html)
How so time zones affect trading with other countries? - Emilee - 01-16-2013 09:26 AM
My little sister wanted me to help her with her social studies, she is studding for a test. This is one of the questions she has to know and I totally forget this whole trading thing LOL. Just hoping someone could help! Thanks!
- ididnazithatcomin - 01-16-2013 09:34 AM
Time zones can have a huge impact on the global competitiveness of a city/country. For example, if you consider the major global cities (New York, London, Tokyo) time zones, you can see New York at the lagging edge, and Tokyo at the leading edge, while London is smack right in the middle. So essentially London (or the UK) has a competitive edge of being at the center of time zones (best of both worlds), and thus a huge international trading port for goods and financial services. It's like going to sleep in Hong Kong when the markets on Wall Street have just opened.
- emgee - 01-16-2013 09:34 AM
You are too stupid to help her. Studding?