Producing corn was one of
the things that the Midwest in the US is good at (they are better than the
Himalayas), therefore, US exporting corn to the Himalayas would be expected.
They are also expected to
make airplanes to deliver to other countries (together with computers) since
the US is relatively technologically advanced.
<span>
The US needs to import some oil unless they want to price to dramatically increase
even though the US does not have enough oil to supply the whole country.</span>
<span>The US will also allow China to produce
clothing for them and to make other things to send to China since it is much
cheaper to produce clothing elsewhere.</span>
Exchange tactics could be the most popular downward influence tactics....
The typical selection process has several well-structured steps. This process includes setting up interviews, performing background checks on selected candidates, and establishing probationary periods.
The process of selection involves finding and recruiting candidates to fill open positions in a business. The process of choosing employees involves matching their credentials and skills to the needs of the firm.
Selecting the best applicant for a job opening that is open in a business is referred to as selection. It entails the process of interviewing candidates and assessing their qualifications and skills for a particular position.
Learn more about selection process here
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The first statement is false.
A firm earning a zero profit is an action called predatory pricing, which there
can be a temporary loss because of a super low price and when a new firm enters
the market the new firm won’t be able to compete with a very low price forcing
the new firm out of the market. This action can be a barrier of entry making the
market less contestable. A firm in a contestable market should operate at
efficient level of production and earn a minimal profit close to equilibrium.
<span>It
is true that a contestable market model has important policy implications for
example to increase competition policy maker can decrease regulation so that
new firm can easily enter the market. Policy makers can also force firms to
allow other firms to use their networks encouraging new firms to enter the
market and lessening the monopoly power of restricting supplies. Policy makers
can also set up its own new firm and distribute its resources to small new
firms to increase competition.</span>
