Answer:
are still used by nations as a means of rewarding their friends and punishing their enemies
Explanation:
Trade barriers "are still used by nations as a means of rewarding their friends and punishing their enemies."
The above statement is based on the fact that trade barriers have been analyzed to be damaging and reduce the total economic advantage of the affected countries.
For example, the imposition of taxes on food imports and subsidies for farmers in advanced countries leads to overproduction and eventually dumping on world markets, thereby reducing the prices and affecting the developing countries' farmers.
Answer:
b. Server factory
Explanation:
Server factory is setup in a location possessing advanced suppliers, competitors and research and knowledge centers to provide proper knowledge regarding any thing that is new.
Answer:
d. Marketing Mix
Explanation:
<em>Target Market</em> is the group of people with specific problem and seeking a solution and ready to spend on it.
<em>Market Segment </em>is dividing a market into sub sets of consumers, businesses or countries who have common needs.
<em>Market Position </em>is organizing for a product by clear minds of target customer relative to competing products.
<em>Marketing Mix </em>is the combination of four P's: Product, Price, Promotion and Place.
Economics is mainly concerned with the study of scarcity. It is a branch of knowledge concern with the production , consumption and transfer of wealth.
