The correct answer is C) Free trade allows companies to relocate anywhere on the globe.
A free trade system is beneficial in the system that it allows countries to trade with each other without restrictions. However this system has flaws, especially for the United States. Companies in America have to pay taxes and a mimimum wage according to federal law. In order to avoid these costs, American companies will go where they can buy cheaper land, pay lower wages, and pay less taxes in order to save money. This hurts the US economy, as it results in the less jobs available for American citizens.
Answer:
On October 20, 1803, the Senate approved for ratification a treaty with France by which the United States purchased the Louisiana Territory. ... Jefferson instructed the American minister in Paris to try to purchase the city of New Orleans and the Florida Panhandle, for which Congress had appropriated $2 million.
The North Atlantic Treaty Organization was created in 1949 by the United States, Canada, and several Western European nations to provide collective security against the Soviet Union. ... After the destruction of the Second World War, the nations of Europe struggled to rebuild their economies and ensure their security.
These guys basically plucked from a handful of "sinful wrongdoers" that they believed were to be punished by their own god, and yet took things into their hands. They'd accuse any woman as of being a witch. A servant girl, a sick old lady married to her servant, a homeless begger. And so forth. They played the game telephone and spread lies about anyone and everyone resulting in innocents dying.
Answer:
1. They must establish state-owned businesses.
2. They must establish a fair labour market.
5. They must open up trade to other countries.
Explanation:
The economic system which is combination of traditional, command and market economies is called mixed economy. It suffers from few disadvantages while it has the benefits of all three economies. Protection of private property, allowing the market and law of demand and supply to determine the prices and Being driven by the self interest of individuals. U.S.A, U.K and India are some examples of Mixed economy as in these countries government and the private sector perform economic activities.
So, if a country wants to transition to mixed economy then it must establish state- owned businesses, establish a fair labour market and open trade with other countries.<em> Establishing state owned business and fair labour market is a characteristic of command economy while opening trade with other countries is feature or capitalist economy.</em>
