Explain the meaning of virtualbusiness, and what is the impact of virtual businesses on the world economy.What is the effect on the E-trade?

Business 1:The World Health Organization (WHO) issues a call for governments and industry to ramp upproduction.It has warned that mounting disruption to the global supply of personal protective equipment(PPE) is putting lives at risk. They said that rising in demand, panic buying, hoarding and misuseare creating a critical shortage. However, the COVID-19 crisis puts pressure on health servicesacross the globe and mentioned already existing shortages of health workers.This research will help you relate the topics studied in class to COVID-19 and how WHO andnations support one another.What is the research about?Part 1:Give a brief definition of the World Health Organization.How do you think Covid-19 has affected employment and unemployment around the world?Please consider the medical industries along with other types of industries.Concerning international trade, interpret referring to realistic and updated information howthe international trade and globalization has been affected after Covid-19. Analyze youranswers by providing examples.The term “Virtual business” became more familiar nowadays. Explain the meaning of virtualbusiness, and what is the impact of virtual businesses on the world economy.What is the effect on the E-trade? Referring to the business cycle, in which stage is it now?Provide evidence and examples.Write a paragraph explaining the above questions based on the knowledge that you haveacquired from the subject during the year.Part 2:One of the largest news trending globally these days is that UAE is sending hundreds of tons ofmedical support to other countries.In your opinion, why do you think UAE is able to provide such support internationally, while atthe same time, other countries are not able to satisfy even 40 % for their domestic needs?Write a paragraph explaining the above questions based on the knowledge that you haveacquired from the subject during the year.You may add other features to your portfolio, not required, such as photos, animations.