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Elena-2011 [213]
2 years ago
8

What tends to happen to a nation that increases its participation in an open economy with an international sector?.

Business
1 answer:
VARVARA [1.3K]2 years ago
6 0

Generally, nations that engage in open economies export and import products with other countries more easily.

<h3>What is an open economy?</h3>

Open economy is an economic term that refers to an economic system in which two or more countries maintain an exchange agreement of goods or services.

The open economy includes the transfers and reception of:

  • Goods.
  • Services.
  • Technologies.
  • Others.

Learn more about open economy in: brainly.com/question/13505968

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An example of foreseeable damages from a faulty repair of your car that led to an accident would be __________. your loss of a w
OLga [1]

Answer:

the cost to repair your vehicle, as well as all damage to other vehicles involved in the accident.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

A foreseeable damage can be defined as a any form of damage that the parties to a contract knew or took note of at the time when they were signing an agreement to the contract. Thus, it is the ability of an individual to reasonably anticipate the likelihood of damage or potential injury in a given circumstance such as an accident.

This ultimately implies that, foreseeable damages involves the ability of a reasonable individual to anticipate the potential results of his or her actions such as damage or injury to another person due to the refusal to repair a faulty car.

An example of foreseeable damages from a faulty repair of your car that led to an accident would be the cost to repair your vehicle, payment of hospital bill for the injured, including the damage to other vehicles that were involved in the car accident.

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2 years ago
A new generation of lunch trucks in cities such as New York, San Francisco, and Los Angeles is serving high-end fare such as ham
AleksandrR [38]

Answer:

False

Explanation:

The case stated in question statement does not refer to focused differentiation strategy rather it is an example of Focused cost leadership strategy.

Focused cost leadership strategy is one that is competes on price margins targeting a narrow market and setting the price lower than other already existing competitors.

While, on the other end a focused differentiation strategy targets acquiring market by introducing some different product.

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3 years ago
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