If the world price of cotton falls, firms will be less willing to supply cotton. Therefore, fewer cotton firms may open, or few people will be employed in the cotton-producing industry; therefore, the demand for labour for cotton-producing firms in South Carolina will decrease.
Since the world price of cotton falls, a textile-producing firm in South Carolina which uses cotton as only one aspect of their textiles, textile firms can buy more cotton since it's cheaper and will reduce costs. Since this is the case, the demand for cotton will increase. Because of this, more textiles need to be made, and so the demand for labour increases as a result.
The unemployment resulting from such sectoral shifts in the economy is best described as structural since demand for labour is decreasing in the primary sector and increasing in the secondary sector of the industry.<span>
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Answer:
It depends on the value of the Chinese yuan in relation to the dollar.
Explanation:
Carl realized that the market for bicycles and bicycle accessories may be expanding in China due to the high volume of bicycles as a common form of transportation in Beijing and Shanghai. For this reason, he believes, that his project to sell bicycle horns in the foreign market and mainly in China could be advantageous for his businesses, being able to generate a high flow of sales and a great economic revenue.
However, selling products in a foreign country will incur some expense, as some fees are required to be paid. In that case, Carl should assess whether it is really advantageous for him to enter the Chinese market. Economically speaking, Carl may consider this deal to be advantageous depending on the value of the Chinese yuan against the US dollar.
In large cities but mainly in the suburbs
Answer:
Samuel Tilden
Explanation:
The correct answer is Samuel Tilden won the 1876 presidential election after a recount. This cannot be true, as the Compromise of 1877 made Rutherford B Hayes president of the United States after both candidates failed to get enough electoral college votes to win the presidency outright