Answer:
it is just as easy to start a business overseas as it is in the U.S.
Explanation:
Foreign trade is the exchange of goods and services across international borders.
For example, if a car is bought from china and brought into the US, foreign trade has occurred.
Foreign trade has two components :
export would comprise of goods and services produced in the US that are been sold to foreign countries
Import would comprise of foreign produced goods and services that are been sold in the US
Reasons for participating in foreign trade
- According to economic theory, a country should specialise in the production of good for which it has a comparative advantage and import goods for which it does not have a comparative advantage in its production . A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
- Some countries do not have the resources needed to produce all the goods needed e.g. some countries do not have crude oil and would have to import from oil producing countries
- For most countries, it is impractical to produce all the goods they need.
It means to say that the demand of the product is decreasing. The relationship between the price and demand is one way. It means to say that if the price increases, the demand is higher. In this scenario, the price increases to avoid shortage on the product. If the price is decreasing, it means to say that the demand is decreasing and can possibly cause surplus on the said product. Lowering the price allows consumers to have higher purchasing power and enticing them to purchase such product.
Answer:
demographic and psychographic segmentation
Explanation:
Tiara's target market is based on age (demographic) and interests (psychographic)
Answer:
1. List your expenses
2. Separate your wants and needs
3. Make sure your expectations are realistic
4. Consider buying budgeting software
5. Get your family on board
Calculate expenses. Your first order of business is finding out exactly how much you're spending each month.
Determine your income.
Set savings and debt payoff goals.
Record spending and track progress.
Be realistic.
Explanation:
i did the same thing on edge