Answer: Real GDP takes into consideration adjustments for changes in inflation. ... The main difference between nominal GDP and real GDP is the adjustment for inflation
Explanation:
Answer: Liability of foreignness
Explanation: In simple words, the extra cost incurred by a company operating in a foreign country as compared to the local companies over there is called the liability of foreignness.
In the given case, the American company incurred extra cost in china due to their lack of local knowledge and discrimination from the locals.
Thus, from the above we can conclude that Malt hanks faced liability of foreignness.
Answer:
d. the country would rank low on the accounting values of conservatism
Explanation:
Gray's accounting framework postulates that the 4 accounting values of professionalism, conservatism, secrecy, and uniformity can be used to predict differences in accounting systems internationally.
Uncertainty avoidance is the degree to which cultures tolerate unpredictability.
Counties with high uncertainty avoidance are more conservative for example Japan.
While countries that have low uncertainty avoidance are less conservative. They are flexible to change and more willing to take risks.
<h2>Type of business for Juanita </h2>
The type of business best for Juanita to start as a sole proprietorship. This type of business is to purchase or rent the required equipment for the business. For becoming a sole proprietorship it also needs to set up some statements registering that Juanita is starting a business.
She also requires to obtain a consent or license from the local government regarding the business she is willing to start. There are many advantages Juanita would have when starting her own set up which may include being her own boss, retention on the company's entire profit and no special taxes to be paid.
