The Effect of Global Linkage A freeze in brazil and its effects on coffee production are felt around the world as coffee becomes scarce and its price rises A decline in the value of the mexican peso affected financial markets in all emergin economies and impacted Poland, Hungary, and he czech Republic.The Effect of Global Linkage ◼ A freeze in Brazil and its effects on coffee production are felt around the world as coffee becomes scarce and its price rises. ◼ A decline in the value of the Mexican peso affected financial markets in all emerging economies and impacted Poland, Hungary, and the Czech Republic