The answer is <span>$20 billion a recessionary. The difference between the current level and the full employment level gdp is </span><span>$20 billion. This is recessionary because the targeted gdp was not met. It is not inflationary because inflation is about the increase of prices of products and gdp is a national economic indicator used to tell an overall increase or decrease in the economic situation.</span>
Answer:
Option (B) is correct.
Explanation:
An import quota is defined as the restriction on the imports from the other nations. It is the direct restriction on the quantity of goods imported from the other countries. This restriction takes place to protect the domestic producers of the home nation from the foreign competition.
For example: The united states wants to import 50,000 cars from Japan but there is an import quota of 40,000 cars. So, the consumers in the United States won't be able to import remaining 10,000 cars.
Answer:
The answer is:
B) In a joint venture, the company shares risks, costs, and management with partners.
Explanation:
Some of the advantages of a joint venture are:
- You can increase your profit at a low cost
- Joint ventures are flexible enterprises
- If you affiliate with a well known brand you can get immediate recognition
- Shared costs, expenses, benefits, risk and management
- You get to share the know how of your affiliate company
Answer:
Divestiture
Explanation:
Divestiture is a term often used in business operations that describes a situation whereby a firm sells part of its assets for the purpose of concentrating on other assets of the firm that are more profitable.
Hence, in this case, when Johnson & Johnson sold its Ortho Clinical Diagnostics Division in order to allow the company to focus on more lucrative products is an example of DIVESTITURE.
