Answer:
C)other countries have a comparative advantage over Singapore and Singapore will import soybeans.
Explanation:
In the case when the domestic price of the soyabeans considered withoiut the international trade and the same should be more than the world price that means the other country would have the comparative advamtage and the singapore would import the soybeans
Therefore the option c is correct
Answer: Macroeconomics
Explanation: Macroeconomics is the study of the economy as a whole. Macroeconomics is that branch of economics that studies the behavior and operation of the economy for a certain period of time.
The matters to which it is focused are growth, unemployment and gross domestic product etc.
Hence, from the above explanation we can conclude that Macroeconomics is the right answer.
Answer:
1.a. AD curve should cross LRAS ar 70c per pound at a specific quantity. LRAS is vertical and AD is downward sloping. If you include SRAS, it slopes upwards and crosses where the 2 lines cross. If you include LRAD, it will be horizontal and cross where the lines cross
2. a. when the hormone shot is induced, SRAS becomes more elastic i.e. it pivots to the right. As cost to feed become cheaper, more can be supplier at any given price level. However, as the quantity is not a fixed boost, the increase is a proportional 27%
b. LRAS is still vertical, however, it shifts to the right, where the new SRAS meets the AD curve. The effect is long term so there will be permanent change to the equilibrium of the quantitiy supplied as well as the price.
LRAD will also lower due to the change.
SRAD stays where it is
Answer:
5.42 years
Explanation:
The computation of the number of years is as follows:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
Here we assume the number of years be n
$7,160 = $4,000 × (1 + 0.108 ÷ 12)^12n
$7,160 ÷ $4,000 = (1 + 0.108 ÷ 12)^12n
$7,160 ÷ $4,000 = (1.009)^12n
Now take the log to the both sides
log $7,160 ÷ $4,000 = log (1.009)^12n
log $716 ÷ $400 = 12 t log 1.009
t = log ($716 ÷ $400) ÷ 12 t log 1.009
= 5.42 years
Answer:
C
Explanation:
All the answers have benefits to companies looking to expand globally, but in terms of the 'primary reasons' option C makes the most practical sense. Let's look at the other choices first:
A: Right in believing companies can access more customers overseas, but initially their costs will increase as the company will have to set new offices, hire people and/or build partnerships. Business risk does go up but so does the number of opportunities.
B: The ROI will not be a primary reason, but is of course part of th general thinking. Many companies are not thinking of setting up new R & D offices gobally to start with that may produce new product lines. Usually if companies are looking at new product lines they would first consider M & A. They may avoid some tariffs and trade restrictions, but they may also be presented with new trade hurdles to naviagte in the process. The labour regulations is a consideration for some companies looking to reduce their costs.
D: There are easier ways to reduce the entry barriers - through product enhancements, marketing and pricing. Sales, yes but more loyal customers can't be guaranteed just by adding locations.
E: Yes on the export strategy, but that implies the company is able to outlay huge costs on setting up a self sufficient subsiduary to begin with - not their first move. On cross-market subsidization from rivals, its a plus in this sense but again not their primary objective. The global strategy is valid but a general motivation rather than encompassing the specific primary drivers behind a move overseas.
Ok, with C: Growing sales is an obvious place for companies to start and having muliple markets to build customer base is going to make the company more immune to competition. Strategic alliances in overseas markets are often key to making a successful market entry as such relationships are fairly straightforward to set up, reciprocal and both partners benefit from the low cost and high opportunity of capitalising on the tacit strengths and knowledge of the incumbent market partner instantly. Whereas trying to build your new market team from scratch can take time.
