The Effect of Global Linkage The political Turmoil in middle east a ffects the Stock market in new york he instability of governments in Latin America affects the US economy The devaluation of the US affects the whole wor WTOs poSition on China impacts the prices of labor-intensive products globallyThe Effect of Global Linkage -The Political Turmoil in Middle East Affects the Stock market in New York -The instability of governments in Latin America affects the US economy -The devaluation of the US $ affects the whole world -WTO’s position on China impacts the prices of labor-intensive products globally