Protectionism refers to government policies that limit global exchange to assist home industries.
Protectionism refers back to the policy of defensive home industries against overseas competition via tariffs, import quotas, subsidies, or other regulations located at the imports of foreign competition.
The reason for protectionist measures as part of economic coverage is to bolster the home financial system by means of giving home manufacturers a comparative gain inside the world financial system.
Protectionism refers to government regulations that limit worldwide exchange to assist domestic industries. Protectionist guidelines are generally applied with the purpose to enhance financial hobbies within a home economy however also can be implemented for protection or first-class worries.
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Secondary reinforcers are learned or conditioned. An example of a secondary reinforcer is grades or money. Secondary reinforcers are learned and are reinforced by the continual use of the reinforcer. Primary reinforcers are biological and include food, drink, and pleasurable activities.
Answer:
B
Explanation:
It's Madagascar, 100% it's surrounded by the indian ocean. That is South Africa.
A nation's competitiveness depends on the capacity of its industries to <u>innovate and upgrade</u> and thereby maintain its competitive advantage.
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What is competitive advantage?</h3>
- A company's ability to produce goods or services faster, more efficiently, or for less money than its competitors is known as a ccompetitive advantage.
- These elements enable the producing unit to outperform its competitors in terms of sales or margins. Cost structure, branding, the standard of the product offers, the distribution system, intellectual property, and customer service are just a few examples of the variables that are thought to contribute to competitive advantages.
- Comparative and differentiated advantages are two types of competitive advantages.
- A corporation has a comparative advantage if it can create a product more effectively than a competitor, which increases profit margins.
- When a company's products are regarded as both distinctive and of greater quality than those of a competitor, this is known as having a differential advantage.
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