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It is the constitutionally of a federal statute by filing a lawsuit in court seeking to declare the federal law unconstitutional. Such a lawsuit is decided by courts.
The Circular flow diagram is an optical representation of the economy that shows how dollar flows through the market.
<u>Explanation:</u>
- The market in terms of goods and services where people will purchase goods and services. In terms of factors of production where the company or concern purchase the factors of production from the households.
- The companies sell the goods and services that they have produced where the people buy the product and revenue is paid. In the deal of money flows from company to household as a wages or salary.
- The diagram explains the roles and it would help us to understand how the economy is organized.
Answer:
c. liability of foreignness; regionalization
Explanation:
Liability of foreignness is the term that companies gets in to foreign countries market so this is kind of responsibility for company that searching for out source. For instance, some companies are not just exist in their local market but also other countries markets which leads globalization. However, there might need for some integrations with geographic, cultural, economic and administrative factors. These factors analyzed before entering foreign market.
Regionalization is a kind of adaptation that companies sets their resources according to market. If company seeks to enter foreign markets then resource share might not stable thanks to differences in different market regions. Well, companies using different amount of resources region to region with special implementation to each market.
Thus, liability of foreignness and regionalization are environmental trends that taken consideration by firm's for international corporate-level strategies.