Answer:
The existence and growth of government trade barriers
Explanation:
Theodore Levitt proposed that with the advent of technology and the mass media, people's tastes would eventually converge leading to the globalization of markets around the world. Even though people from different nations tend to have different tastes, they were united by factors like love, peace, joy, etc. Levitt was encouraging companies to leverage on the mass media as well as technology to form a convergence of these uniting factors.
However, government trade barriers, which are restrictions placed by the government on the importation of goods into another country can serve as a hindrance to the globalization of markets. This would be in opposition to Levitt's proposal of a uniting factor in international trade. Government trade barriers tend to encourage the production of local goods against the importation of goods.
Answer:
the value of the cash flow in year 5 is -$48
Explanation:
Cash flow in year 5 include a capital repayment and interest expense.This can be determined by constructing an amortization schedule from the data given.
The first step in constructing the amortization schedule is to find the Yield to Maturity.
Pv = -$600
Pmt = $600 × 8% = $48
P/yr = 1
N = 10
Fv = $600
YTM = ?
Using a Financial Calculator the Yield to Maturity is 8%.
then to determine the cash flow for year 5, we need the coupon amount (interest) and the amount of capital repayment.
Coupon $48
Capital $0
Total $48
Therefore the cash flow in year 5 is -$48.
Answer:
What is generally true-in terms of needs and wants-about families whose income is below the poverty threshold?
It is a known fact that human want is insatiable which gives room to always dare to have more, as poverty threshold is concerned. The need s would be more prioritized than the wants, it is when you have enough that is when go for what you want, but with an economic scale below poverty threshold, the needs comes first than anything
Explanation:
<span>The production possibility curve would shift leftward and the axes would decrease. This would be a decrease in the overall production ability of the nation or area. Lowered ability to produce would give a lowered maximum amount possible to produce, which would thereby need smaller axis values.</span>
