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3 years ago

Reasons why countries avoid specialization

Business

1 answer:

Romashka [77]3 years ago

4 0

Answer:

Countries specialize in order to increase their trade. Imagine a country that has specialized in rubber production and suddenly other more efficient synthetic products have replaced rubber. That means that the demand of rubber has fallen. This would create the country to face labor unemployment, lack of trade for rubber, a long period of stagnant growth indirectly effecting the economy adversely.

Therefore countries prefer to go along with trade and avoid specialization so as to avoid period of stagnant growth.

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Burke Co. is considering the issue of commercial paper and would like to know the yield it should offer on its commercial paper.

WARRIOR [948]

Answer:

8.5%

Explanation:

The computation of the percentage offer on its commercial paper is presented below:

= Annualized T-bill rates + credit risk premium + liquidity premium

= 8% + 0.3% + 0.2%

= 8% + 0.5%

= 8.5%

In order to determine the percentage offer it would be 8.5% by considering all the percentage rate that is mentioned in the question

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4 years ago

What is bureaucracy

Gwar [14]

Answer: a form of government in which state authorities, rather than elected members, make the majority of important decisions.

Explanation: hope this helps

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3 years ago

Tell the substitution effect of a price change:

Over [174]

Answer:

The correct option is C,will result in the consumer buying less of a good at a higher price

Explanation:

When there are close substitutes for a product,a rational consumer will switch to an alternative good or service when the price of the good rises.

This ultimately is line with the law of the demand that the higher price the lower the quantity demanded and vice versa.

Hence, the substitution effect works in such a way that the product that has a lower price compared to its rival commodities catches the attention of the consumers much more due to its lower price nature.

5 0

4 years ago

Read 2 more answers

Toyota Motor Company operates in many different countries and pays taxes at many different rates. However, they always pay the

Amiraneli [1.4K]

Answer: Foreign neutrality

Explanation:

According to the given scenario, the Foreign neutrality tax policy is one of the concept that is specifically used by the Toyota motor company for operating various types of functions and operations in the environment.

The neutrality is basically used to create the various types of incentives in an organization and support the foreign taxation process and the foreign neutrality is one of the tax policy that is used for paying taxes across countries with different types of rates.

Therefore, Foreign neutrality is the correct answer.

6 0

3 years ago

Various financial data for the past two years follow.

Katarina [22]

Answer:

Total Productivity:

* For last year: 1.70

* For this year: 1.48

Explanation:

We have the total productivity is equal to Sales/ Total resources spent.

So, the calculation for productivity as followed:

+ Sales = 200,010

+ Total resources spent = Labor + Raw materials + Energy + Capital + other = 30,010 + 35,100 + 5,100 + 45,500 + 2,100 = 117,810

=> Productivity = 200,010 / 117,810 = 1.70

+ Sales = 201,050

+ Total resources spent = Labor + Raw materials + Energy + Capital + other = 40,010 + 41,500 + 6,010 + 45,500 + 3,010 = 136,030

=> Productivity = 201,050/136,030 = 1.48.

7 0

4 years ago

Reasons why countries avoid specialization​

Reasons why countries avoid specialization