Small business <span><span>is an independently owned and operated business. This business is operated for profit and is not dominant in its field. </span>A small business investment company (SBI) is a </span>privately owned firm that provide venture capital to small enterprises that meet their investment standards.
<span /><span>The management counseling for the small businesses is done by small business institutes.</span>
Answer:
a) GDP measures the market value of final goods and services produced within a country.
Explanation:
Gross Domestic Product{ GDP} is the total market value of all the finished goods produced within the boundaries of a country at a specific time. GDP takes into account all products and services regardless of who produces them, be it locals or foreigners. In short, GDP is a measure of all domestic productions.
Economist uses GDP as a scorecard of a country's economic status. They use it to determine the growth rate of an economy and its size.
Investors and business people will use GDP in the decision-making process. They will want to invest in industries or countries that are growing. A steady rise in GDP signifies that the economy is doing well and growing. A decrease in GDP will indicate a recession.
Answer:
D. Absolute Advantage
Explanation:
Absolute advantage represents an economics principle referring to the capability of a firm or a country or even an individual to manufacture or produce a larger quantity of a product or offer a greater quantity of a service than its competitors especially with the same amount of resource which in in reference to international trade is labour.
The absolute advantage for Russia in the question is that it has the only deposits of Yuksporite and using the same amount of labour input other countries would have used, Russia has the absolute advantage as the only manufacturer of goods that would come out of Yuksporite.
Answer:
The translation adjustment is a function of the foreign subsidiary's net assets.
Putting the wrong wires together and not knowing what goes to what
