Answer: a. Cheaper
b. Shift production from commodity-type goods to high-value products.;
Begin importing foreign-made parts
Explanation:
1. Japanese products became 22% <u>cheaper</u> than U.S. products.
The US Dollar became 22% stronger than the Japanese Yen meaning that the US Dollar can now buy 22% more Yen than before. If a good is priced in Yen then this means that the USD can buy 22% more of that good than before meaning that the good is 22% cheaper now.
2. Commodity goods are essentially raw or semi processed foods. Because the USD has become stronger, importing these goods instead of producing them would reduce the cost of production if they were to start processing said goods and making them High Value products so this is what they should do.
The USD is now stronger against major trading Partners. Like earlier mentioned, this means that the USD can buy 22% more goods as a result. Companies should therefore import parts that they need because they'll be able to buy 22% more of those parts thereby reducing their cost of Production.
A Absolute Advantage exists when a country is the most efficient producer of an item.
Unlimited liability and separate taxation of the business are advantages of a sole proprietorship.
The statement is False.
<h3>What is taxation ?</h3>
In practically every nation on the planet, governments impose taxes as mandatory levies on people or organizations. Although it can be used for other things as well, taxes are typically utilized to finance government spending.
Taxes are imposed on tangible property, including real estate and business dealings like stock sales or home purchases. Taxes exist in a variety of forms, including income, corporation, capital gains, property, inheritance, and sales taxes.
A fundamental method for nations to produce public revenues that enable them to support investments in human capital, infrastructure, and the provision of services for residents and enterprises is through the collection of taxes and levies.
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Answer:
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Explanation:
The promotional tool that stimulates consumer purchasing interest with the help of using short-term activities such as displays and trade shows is<u> sales promotion</u> programs.
<h3>What do you mean by sales promotion?</h3>
Sales promotion applications are designed to complement private selling, advertising, public relations, and different promotional efforts. Sales promotions can take vicinity within and outside of the company.
Therefore, The promotional tool that stimulates consumer purchasing interest with the help of using short-term activities such as displays and trade shows is<u> sales promotion</u> programs.
Learn more about <u>sales promotion:</u>
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