Answer:
industry because here based the all the business in whole world
Answer: In the long-run the economy is at the full employment level. This means that unemployment is also at its natural rate consistent with full employment level of output. Thus, the trade-off between inflation and unemployment disappears in the long-run and unemployment stays at its natural rate irrespective of the level of inflation in the economy.
This situation is given by the vertical Phillips curve, which shows that when economy is in the long-run equilibrium, unemployment is fixed at its natural level at any level of inflation.
Answer:
False
Explanation:
It is the responsibility for providing a safe and healthful workplace for subcontractor employees and it has never been transferred from the subcontractor to the prime.The prime contractor and any subcontractors may make their own arrangements with respect to obligations which might be more appropriately treated on a jobsite basis rather than individually.
Answer:
Identifying regions with appropriate descriptions:
Description Region
1. H. Sub-Saharan Africa
2. D. Asian Tigers
3. A. European Transition Economies
4. G. South America
Explanation:
One factor which promotes negative economic growth is political instability. There is also the lack of human and physical development and social and economic reforms, including inconsistencies in governmental policies. For the economy of a region to grow out of poverty, governments must collaborate to pursue reforms on a large scale.
Answer:
Eclectic paradigm
Explanation:
The eclectic paradigm of international production or OLI (ownership, location and internationalization) model is used by companies that are evaluating whether to engage in foreign direct investment (or internalization) or not.
It was developed in the 1970s and it is based on the premise that if it is cheaper for a company to produce internally, it will not seek to to produce in foreign countries. This analysis is based on three key factors:
- ownership advantages: are the ownership rights of the company upheld in foreign countries
- location advantages: does the company benefit form doing business in another specific country
- internationalization advantages: is it better for the company to produce internationally than domestically