This works just fine in a low-volatility world.
Tuesday's terrorist attack on the center of American economic activity will create short-term volatility in world financial markets, but the U.S. and world economies are not likely facing economic Armageddon.
All are subject to extraordinary price volatility in world markets.
South Korea's relatively open financial system made it vulnerable to the volatility in world markets, a vulnerability that continues.
"The effects of global financial market volatility, stuttering world trade growth and challenges on the high street feel like more obvious explanations for the slowdown.
Trading in stocks and bonds was hurt by volatility in world markets, as the outlook for the global economy darkened and the direction of interest rates became uncertain.
As volatility roiled world markets, international investors fled into dollars and United States bonds, hammering other currencies and making Hungarians' foreign-denominated debt more and more expensive.
Moreover, the country has so far been unable to break its dependence on imported cereal (2.8 million tons in 2015-16), which makes it vulnerable to volatility in world markets.
The managing director of SSE's retail arm, Will Morris, said the freeze would be unaffected by volatility in world wholesale energy prices, despite fears over the impact of Russia's confrontation with the west over Ukraine.
Depending upon the details, price-dependent trade policy can help farmers (EU) or harm them (Argentina), but the extra volatility in world food prices harms consumers especially the "bottom billion" living on less than a dollar a day.The case for international cooperation is obvious.
With few natural resources, Belgium imports substantial quantities of raw materials and exports a large volume of manufactures, making its economy vulnerable to volatility in world markets.
