<span>a. Volunteering at a local homeless shelter
Helping the homeless people in the community is already an activity under "community involvement."
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International trade with free markets encourages the overthrow of tariffs for the free movement of goods and services between countries. According to Trade Theories, countries have peculiar characteristics that give them relative or absolute advantages. Thus, a country can specialize in a commodity and export it and import other commodities.
It is also important to emphasize that countries seek to export more than import, ie to increase their surplus in the trade balance. If a country exports more than it imports, more money gets.
Answer:
A. relatively more inelastic because water is a necessity
Explanation:
Inelastic goods refers to the type of goods which demand wouldn't move that much regardless of the price change.
This tends to be the case for every products that are considered as necessity.
If let's say the price of water is $1 per bottle. We all know that every human being need to drink at least 1.5 L of it to stay alive. If all producers of water decided to raise the price into $2 ,the customers would most likely still purchase it. They have no choice.
Answer:
may you provide the text? will revise my answer...
Explanation:
This is not true. The capitalist, free-market economic system encourages private investment, competition, and profit. This is also the main difference point between capitalism and communism. Communism is more aligned with the idea of sharing equaly and creating an egalitarian society rather than encouraging private investment, competition, and profit.
