Protectionism is the economic policy of restraining trade through quotas, tariffs, or other regulations that heavily burden foreign producers. Protectionism heavily burdens foreign producers.
Protectionism, on occasion known as exchange protectionism, is the financial coverage of restricting imports from other countries thru strategies inclusive of tariffs on imported items, import quotas, and a selection of different authorities policies. Protectionism refers back to the coverage of protective domestic industries in opposition to foreign competition through price lists, import quotas, subsidies, or different restrictions placed on the imports of foreign competition.
Protectionism is usually carried out with the aid of the imposition of price lists, quotas on imports and exports, product fashionable, and authorities subsidies. while it is able to be of brief advantage in developing countries, overall protectionism usually harms us of a's economic system, industries, people, and customers.
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The transaction is recorded in a financial account. A financial account is a segment of a nation's adjust of installments that spreads asserts on or liabilities to out-of-state people, particularly as to monetary resources. Monetary record parts incorporate direct speculation, portfolio venture and hold resources and are separated by segment.
Answer:
Accounting software records and processes accounting transactions using modules that include accounts payable, accounts receivable, and payroll. Together, these modules function as an accounting information system.
Answer:
Invisible Hand Concept
Explanation:
Based on the information provided within the question it can be said that in this scenario Marco's experience is an example of the Invisible Hand Concept. This concept describes the social benefits of an individual's actions. Such is Marco's experience in since he created the business in order to solve a problem, which he managed to accomplish and by doing so helped older adults with their problem and created job opportunities for various other individuals.
Answer:
Undifferentiated.
Explanation:
Undifferentiated marketing is the use of a product that is the same to satisfy customers accross a wide range of segments. There is no attempt to tailor the product to each of the segemnts, but business hopes to satisfy wide range of customers with the same product.
On the other hand diffentiated products are those that are specifically tailored to different segments and aims to meet differing needs.