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stich3 [128]
2 years ago
5

Economists study international trade or trade between countries. List which countries you think are the top four trading partner

s of the us.
Business
1 answer:
lianna [129]2 years ago
3 0

U.S. trade with other nations is worth $4.9 trillion per year. China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports. But this landscape could be reshaped as President Trump pursues “America First” policies and reworks free trade deals.

<h3>What is international trade?</h3>

International trade is the term for cross-border economic activity. Consumer products like televisions and apparel, capital goods like machinery, raw materials, and food are some of the things that are often traded. Other transactions involve services, like payments for foreign patents and travel services (see service industry). International financial payments, in which the private banking sector and the central banks of the trading nations play key roles, promote international trade transactions.

International trade and the associated financial transactions are typically carried out to give a nation the commodities it lacks in exchange for the abundant commodities it produces; these transactions, when combined with other economic policies, tend to raise the standard of living in a given country.

learn more about international trading refer:

brainly.com/question/17727564

#SPJ4

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Richard, an engineer, supervises the construction of a new mountainside roadway. When the road collapses in a landslide due to f
finlep [7]

Answer: Other Engineers.

Explanation:

In the event of a bridge collapse the engineer that supervised the project would be held responsible because he/she was unable to avoid all possible factors that could have led to the bridge collapse, as is required in the engineering profession. Therefore, when supervising a construction job the engineer in charge has to ensure that all possible factors that can lead to structure failure is eliminated.

6 0
3 years ago
There are two goods, apples and oranges, in a country. If the relative price of apples (in terms of oranges) is 4 and the opport
tino4ka555 [31]

Answer:

The workers will only produce oranges.

Explanation:

'Opportunity cost' is an important concept which shows the relationship between choice and scarcity. For example: One can spend money and time on one thing at a time but loses the opportunity do perform the other things, which would be his opportunity cost. Like you take a vacation for the money you have but the opportunity cost is not having a new car.

Relative price is the price of one commodity in terms of another. In the given situation, opportunity cost of an apple is 3 oranges and relative price of apple is 3, so the workers will produce only oranges, as it will be more profitable.

7 0
3 years ago
Developing an understanding of cultural implications can greatly improve workplace interactions in the long run, resulting in im
skelet666 [1.2K]

Developing an understanding of cultural implications can greatly improve workplace interactions in the long run, resulting in improved relationships with suppliers, customers and employees.

<h3>What are cultural implications?</h3>

The impacts of a policy, event, activity or movement on a particular culture are referred to as cultural implications.

External and internal events can weaken, change, or reinforce specific parts of a culture, affecting the success of cultural globalization.

In the long term, developing a cultural knowledge can considerably improve workplace interactions, resulting in improved connections with suppliers, customers, and employees.

Therefore, option D is correct.

To learn more about the cultural implications, refer to:

brainly.com/question/15373432

#SPJ1

3 0
2 years ago
Which employers include not only private companies and nonprofit organizations, but also hospitals, department stores, and car m
julia-pushkina [17]
The answer is option D. B<span>usiness financial management]

The job of Business Financial managers cut across many sectors; their job is to see to </span><span>the </span>financial<span> health of an organization, by produce </span>financial<span> reports, directing investment activities, and developing strategies and plans for the long-term </span>financial<span> goals of their organization. As such, they are employed not only in private companies and non-profits, but also in such places as </span><span>hospitals, department stores, and car manufacturring firms.</span>
4 0
3 years ago
Read 2 more answers
Bullie Jean has $1.20 to spend and wants to buy cither a new amplifier for her guitar or a new mp3 player to listen to music whi
Rasek [7]

Answer: b. people face trade-offs

Explanation:

From the question, we are informed that Bullie Jean has $120 to spend and wants to buy cither a new amplifier for her guitar or a new mp3 player to listen to music while working out.

We are further informed that the amplifier and the mp3 player cost $120, each and so she can only buy one. This shows that people face trade offs and have to make a choice regarding some decisions. Here, an opportunity cost will be the one that she didn't buy at the expense of the other.

6 0
3 years ago
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