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azamat
4 years ago
7

Trade between countries tends to a. reduce both competition and specialization. b. reduce competition and increase specializatio

n. c. increase competition and reduce specialization. d. increase both competition and specializatio
Business
1 answer:
Shtirlitz [24]4 years ago
8 0

Answer: (D) Increase both competition and specialization      

Explanation:

 According to the given question, the trading between the different types of countries are trends to increase both specialization and competition in the market as it producing various types of products which increase the competition level with different types of organisation as well as Countries.

The specialization is also majorly affect the trading process between different types of countries by producing the specialized products by focusing on the efficiency.

The specialization is plays an important role in trade as by exchanging the various types of products then it automatically increase the production and the productivity.

 Therefore, Option (D) is correct answer.

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Answer:

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Explanation:

Giving the following information:

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4 years ago
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The formula for the cross-price elasticity of demand is percentage change in rev: Multiple Choice quantity demanded of B/percent
seropon [69]

Answer:

Quantity demanded of B/percentage change in price of A.

Explanation:

Cross price elasticity of demand is calculated as follows:

= Percentage change in quantity demanded for Good B ÷ Percentage change in price of good A

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For complimentary goods:

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4 years ago
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oksian1 [2.3K]

Answer:

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Explanation:

Giving the following information:

An investor wishes to have $1,000 available in five years. The interest rate is 5%.

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