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scoundrel [369]
3 years ago
12

Merticao, a French textile company, supplied most of its products to its primary market in Hestonia, a North American nation. Ho

wever, when Hestonia faced an economic downturn and its citizens began to reduce their expenditures, Merticao began to focus more on its domestic market. As a result, Merticao was able to survive the loss of its primary market because of _________ in global trade.a. access to factors of productionb. reduced riskc. ease of storage of goodsd. inflow of innovation
Business
1 answer:
nordsb [41]3 years ago
4 0

Answer:

Reduced risk

Explanation:

Merticao had operations in France and North America so their risk was spread out, with local and international businesses complimenting themselves.

So when their primary operations in North America they fell back on their local operations and survived the economic downturn.

Merticao made a wise choice by diversifying their business and reducing risk of being in only one market.

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What are the criticisms of fiscal policy
vesna_86 [32]

Answer:

Fiscal policy is the adjustment of tax rate and government spending that is used to handle current economic situation.

There are several of criticism that usually found on fiscal policies.

- Time Lags.

The effect of fiscal policies could only be felt years after the policies are made. Often times, this goes unnoticed by the citizens of the country, making it look like that the government took no action to handle their economic issues.

- Strengthening foreign influence

One of the things that the government can do to reduce the inflation is by selling government bonds to the public. These bonds can be bought by companies from another countries. This will strengthen that country's influence over US economy.

- It could create a budget deficit for the next government officials.

Government in United States were reshuffled between 2-4 years. While the effect of fiscal policies could need more than 10 years before it actually can be felt.  Sometimes, fiscal policies taken by previous government could create a deficit that had to be handled by the next government after the election.

4 0
3 years ago
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Kamila [148]
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4 0
3 years ago
3. Analyzing the AudienceIn order to craft effective business messages, beginning writers should follow the writing process clos
Lelu [443]

Answer:

Why am I sending this message?

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8 0
3 years ago
4. Should fringe benefits provided by your employer (health care, dental, contributions to your retirement plan) be counted in G
Aliun [14]

Answer:

Yes

Explanation:

Yes, it should be counted in the GDP. Mainly because the GDP revolves around measuring the total income earned and spend from products or services. When you work for an employer you are receiving income from that employer and benefits would also be considered part of your income. Even though these benefits are being paid by your employer they are still considered income, and you would still be paying for these services yourself if the employer was not paying them. Therefore, it would make sense that it is included as received income and counted towards the GDP.

3 0
3 years ago
Consider the circular flow model when answering the following questions
Mekhanik [1.2K]

Answer:

a. Factor market

b. the firm

c. product market

Explanation:

a, Factory is one of the  factors of production, if it must be traded, it will be done in the market for factors of production known as the factor market.

b. Profit is a reward for one of the factors of production called entrepreneur, the entrepreneur, in the circular flow model is the firm

d. Consumer goods like coffee are available in the product market, therefore the price for coffee is determined in the product market.

8 0
3 years ago
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