One main reason would be the distance between the two country's, this could be very expensive depending on how far apart the countries are apart. Another conflict is the country currency, for instance 1 dollar in america could only equal 50 cent in japan. in order to purchase things in another country america would have to convert their money into the country they are try to buy money. One exchange rate is known as the flexible exchanged rate, in this system the exchange rate is calculated by supply and demand, the exchange rate in this system reflect the market. The fluctuations in currency values are only based day to day and they can change the amount of imports and exports. The other exchange rate is fixed exchange rates, in this system the governments are consistent with keeping the currency values similar to other governments. This particular system make trading easier. The only problem found in this system is that it keeps a lot of pressure n the supply and demand which is the reason why currency why values change.
A significant increase in consumption and economic activity among a nation's consumers would decrease income inequality.
Option: A
Explanation:
A country's economy highly depends on consumer's behavior. If for certain reason the consumption and economic activity raises it will decrease the variation in income level. Strong economy promotes high purchasing capacity.
If the consumption level gets high more workers would be involved in economic activity which will strengthen nation's economy and Gross Domestic Production. On the other hand the unemployment will go down. Disparity in income level will also decreases due to high consumption rate and growth of economic activity.
Answer:
self-definition
Explanation:
Self definition can be described as the typical behaviour or character of a person. There are certain behavioral characteristics which make up the self definition of a person. For instance, a person who has a calm and composite composure will make a more positive self- definition as compared to the person who is always confused.
However, there are many environmental factors which influence the self definition of a person like the society of his/her upbringing.
<span>This result proposes that private parties (consumers and producers) can solve the problem of externalities on their own. = <span>Coase theorem.
</span>Coase theorem proposes that "</span><span>when there is a disagreement about property rights, those parties concerned can find a way to come to a mutually beneficial outcome by means of bargaining or negotiating terms," according to its definition.</span><span>
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