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Kaylis [27]
3 years ago
11

Explain why the high-tech and textile industries in the united states are facing continued job loss. you may answer either with

a paragraph or with a series of five connected statements.
Business
1 answer:
Ray Of Light [21]3 years ago
4 0
<span>The high-tech and textile industries in the united states are facing continued job loss due to advances in technology and globalization. Globalization enables the U.S to </span>outsource low skilled jobs such as those in the textile industry to low cost countries. Advances in technology we have machines building machines and other things so the need for human input has gone down.
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nasty-shy [4]
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3 years ago
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4 0
3 years ago
International trade generally a. decreases jobs. b. reduces competition. c. generates income. d. decreases productivity.
xz_007 [3.2K]

Answer:

c. generates income

Explanation:

International trade for a country refers to exchange of goods and services beyond geographical boundaries. In short international trade refers to the business due to import and export of goods.

For example, one nation might specialize in the production of cocoa while another nation is rich in oil wells or oil reserves. The two nations can trade such resources and eliminate scarcity or abundance.

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4 0
3 years ago
A signed document containing a written promise to pay a stated sum to a specified person/institution or the bearer at a specifie
AnnyKZ [126]

Answer:

Promissory Note.

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A promissory agreement can be defined as an evidence of a debt and as such involves the use of a legal financial tool such as a promissory note as a written promise to declare that a party (borrower) would pay another (lender) at a specific period of time.

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3 years ago
Suppose demand increases and supply decreases. which of the following will happen?
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What are the choices?
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4 years ago
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