Answer:
The idea of restricting international trade, otherwise known as trade protectionism, is considered wrong because the world today is centered around globalisation.
Explanation:
Countries desire to increase revenue for their local governments. They impose trade barriers through the imposition of tariffs, embargos, voluntary export restraints and so on, with the aim of reducing competition from foreign industries so as to promote local companies. However, this usually produces adverse effects, heavier than the intended benefits. Such effects include reducing the wide variety of goods and services available to the population, reducing the number of jobs due to reduction in number of foreign companies, increasing monopoly power which will in turn lead to higher prices being charged by monopolists. Indirectly, restricting international trade also affects international relations.
Answer:
Human capitals
Explanation:
It can be classified as the economic value of a worker's experience and skills
New england i believe (in 1623)
Which was a major source of friction between Native Americans and the English Colonists?
a.) differing ideas about land use and land ownership
Native Americans were really tense because the English colonists would chop down the trees and dig the earth, and they also thought that they were using their land, which the English settlers were obliviously.
Which was a major cause of the French and Indian War?
c.) competition between France and England for land and power.
If I'm not mistaken, the French and and Indian War was caused by both France and England; they both wanted to extend their colonies into the Ohio Territory.
I hope this helps:)
Answer: False
Explanation:
''Economic risks relate to difficulties inherent in managing the complex resource flows required by most international firms''.
The statement above is NOT true, that is, it is false. So, let us take one or two things you need to know about ECONOMIC RISKS.
ECONOMIC RISKS: when an investment is exposed to some certain conditions known as the macroeconomic factors/conditions on a foreign land/country which may affect the investment, this exposure is known as economic risks. Such macroeconomic factors include Government or political policies, swings in exchange rates and so on.
TYPES OF ECONOMIC RISK: there are many types of economic risk, I am just going to mention few of them, and they are; Market Prices, Duty Rates, cost of materials, credit risks, minimum wage and so on.
===> Economic risks DOES NOT relate to difficulties inherent in managing the complex resource flows required by most international firms BUT they are risks in which investments in foreign country are exposed to.
