An economic community is a set of countries organized to work towards commonplace goals inside the law of international trade.
International trade is the trade of goods and services among nations. trading globally gives clients and countries the opportunity to be uncovered to items and services no longer to be had of their very own nations, or extra highly-priced regionally.
International trade is known as the exchange or alternate of products and services between exclusive nations. This type of change contributes to and will increase the sector economy. The maximum usually traded commodities are tv units, garments, machinery, capital goods, food, uncooked cloth, and so forth.
Popular worldwide change fashions universally do not forget maximizing the supply of less expensive items as the objective of worldwide change. They then cross on to expose that price lists and different impediments to exchange reason for a loss of monetary performance.
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He is liable under negligence, which is the failure to take proper care or do something that is normally expected in the course of the work. As the owner of the business, he would have normally been expected to provide a safe hazard-free environment for customers.
Answer: $72,000
Explanation:
Gross income simply refers to the total income that is earned by an individual before taxes and every other deductions are made from the income earned. Gross income include wages, salaries, dividends, rental income, and interest income.
Based on the above explanation, James's gross income from the above will be $72000 which is his actual salary. This means the actual salary consist of every other income since his salary is $66000.
<span>The answer is letter c. Both male and female illegal migrant workers have a lower paid wage than those of the formal sector jobs in the same economy. Their wages sometimes does not even cross the minimum wage. Their wages cannot be higher than those who are in the formal sector jobs.</span>
The statement which states that "The recent fast-paced economic growth in some Asian economies can be attributed to their adoption of more totalitarian forms of government" is:
<h3>What is Economic Growth?</h3>
This refers to the increase in economy of a particular state or region which is a good indicator that the region is in prosperity.
With this in mind, we can see that the recent economic growth in some Asian economies is not because of totalitarian governments, but as a result of sound economic practises.
Therefore, the correct answer is False
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