Answer:
The correct answer is:
1 - Singapore
2 - Chile
3 - Ireland
4 - USA
5 - China
Explanation:
An open economy is one that carries out commercial interaction with the outside world. In other words, it buys and sells goods, services or financial assets with the rest of the world economies.
With the consolidation of international trade in recent decades and the phenomenon of globalization, this concept has reached its maximum expression, with economies more exposed to import and export as the basis of its economic model and with greater weight in its GDP. In this sense, it could be said that a closed economy is something currently utopian, since no country currently strictly complies with its theoretical requirements.
The most common procedure to open an economy is the assumption of trade agreements between countries, which regulate and control the entry and exit of goods and services, creating trade routes that can be expanded later in terms of economic integration.
Answer:
Nine years or more
Explanation:
Development of new drugs is a long process and from discovery to marketing approval takes nine years or more.
The process of bringing new drugs to he marketplace after the identification of a main compound through drug discovery is called drug development. There are various stages of drug development such as <em>Discovery and development, Pre-clinical research, Clinical research and FDA review.</em>
intrinsic value, because it is used to show the moral goodness in a person.
Answer:
The answer is A
Explanation:
Pure monopoly can raise the market price indefinitely due to the fact that the market structure is characterized by a single seller or manufacturer, selling a particular product in the market. In a pure monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute. He enjoys the power of setting the price for his goods. This in-turn leads to the customers being at the mercy of the seller.
The answer to this question is that it is an example of
regulatory capture.
<span>Regulatory capture is a situation where in the interest of
the business or firm is being prioritized by the firm in order for them to
advance and succeed. There are two types of regulatory capture; a materialistic
capture and non-materialistic capture.</span>
