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algol [13]
3 years ago
7

We have learned that many countries of the world are transitioning to a market based economy. This economic change has been fuel

ed by political changes in these various countries. With that said, do you feel that these circumstances have lead to the spread of globalization? Please explain your answer fully.
Business
1 answer:
Alenkasestr [34]3 years ago
6 0

Answer:

Sometimes it is difficult to understand that what Americans consider a normal life is nothing but normal, not even by the standards of many European countries. The belief that everyone is equal under the law is held by a very small number of countries and most of them are located in North and South America, Australia and parts of Europe. The rest of the world is full with countries where its citizens are not always equal. E.g. social castes in India, countries that are not democratic, or even countries were royalty still exists.

Globalization, political and economic change are part of global change that hopefully will make everyone equal. As people can access information freely, they start to realize that they can also fight for their rights. When ideological barriers fall, trade barriers will also start to fall. Globalization is something that cannot be stopped and as more people realize that, the more globalization will spread.

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andrew-mc [135]

Answer:

Adam smith is Abigail Smiths husband

Explanation:

They have been married for centies

4 0
3 years ago
The Macro Islands can produce either 250 bamboo towels or 500 botanical soaps using all its resources. The Micro Islands can pro
jarptica [38.1K]

Answer:

The Micro Islands have a comparative advantage in producing botanical soaps.

Explanation:

Comparative advantage can be defined as the ability of an economy to produce a good at lower opportunity cost than other economies. This enables the economy sell the product at lower prices, therefore having higher margin of profit than other economies.

The opportunity cost of Micro Island in producing 300 botanical soaps is the cost of producing 30 bamboo towels. The opportunity cost is quite low.

While for Macro Island the opportunity cost of producing 500 botanical soaps is 250 bamboo towels. The opportunity cost is higher than for Micro Island.

6 0
3 years ago
Able Pads, Inc., sells plain white printer paper in a perfectly competitive market. What does its individual demand curve look l
nirvana33 [79]

Answer:

The demand curve will look like a straight  line .

Explanation:

Perfect competition is that in which there are large number of buyers and large number of sellers of a commodity and no individual sellers or buyer can control the prices. If the seller try to influence the price then they will loss their buyers as there are many other seller also exist in the market.

Under perfect competition , the firm produce homogeneous product. Both buyers and sellers have full knowledge of the market.

The curve under perfect competition is indicated by horizontal . It shows that a firm can sell any quantity of a product at the prevailing price . And no quantity if they  influence the price.

<u>The figure under shows the curve:</u>

3 0
4 years ago
PLZ HELP
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Answer:

200

Explanation:

8 0
3 years ago
An blank is a statement used to communicate ones feelings in a nonconfrontational manner.​
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