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cupoosta [38]
3 years ago
12

A newly formed country in the Caribbean has no high tariffs, yet other countries find it difficult to trade with the new country

because of its requirements for labeling, product testing, and certifications. These restrictions can best be classified as
Business
1 answer:
atroni [7]3 years ago
8 0
 non-tariff barriers
<span>
Non tariff barriers are a way to restrict </span>trade<span> using </span>trade barriers<span> in a form other than a </span>tariff<span>. </span>Non tariff barriers include r<span>equirements for labeling, product testing, product certifications,</span>quotas, embargoes, sanctions, levies and other restrictions that would restrict import of goods and services.
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As used in the text, the term environment means all the forces influencing the life and development of the firm.
castortr0y [4]

This statement is False.

What is Lifecycle of business ?

A product's life cycle is the series of events that start when it is first created, follow it as it develops into a mature product, reaches critical mass, and then begins to decrease. A product's life cycle typically includes the following stages: product creation, market launch, growth, maturity, and decline/stability.

  • In business, a product's life cycle tracks its development, maturation, and decline.
  • The business, economic, and inventory cycles are other business cycle categories that have a life cycle-like trajectory.
  • In the early stages of product development, seed money is frequently used.
  • It is beneficial to research a competitor's product's life cycle.

To know more lifecycle of business

brainly.com/question/26300541

#SPJ4

6 0
2 years ago
A country is described by the Solow model, with a production function of y = k1/2. Suppose that k is equal to 400. The fraction
vovikov84 [41]

Answer:

the country is above the steady state

Explanation:

An economy has the per-worker production function <em>y =  k^{1/2}</em>

Here,

<em>y </em>is the output per worker and <em>k </em>is the capital-labor ratio

depreciation rate <em>d = 0.5.</em>

Population growth rate is <em>n = 0%</em>

a. At steady state

<em>Δk = 0</em>

<em>sy-k(d+n) = 0 </em>

<em>sy = k(d+n)</em>

<em>0.5 ( k^{1/2}) = k (0.05 + 0)</em>

<em>0.5  k^{0.5} = 0.05k</em>

then resolve for <em>k</em>, and obtain <em>k=100. </em>The capital in steady state.

If the k=400, then the output

<em>y = k^{0.5} </em>

<em>   =400^{0.5} </em>

<em>   =20</em>

Thus, the country is above the steady state

8 0
3 years ago
________ emphasizes motivating the worker through the characteristics of the job itself. Select one: a. Automation b. Job enrich
LenKa [72]

Answer:

B. Job enrichment

Explanation:

Job enrichment is a type of job design that emphasizes on motivating the employees by designing a job to have interesting and challenging task, which usually tend to require more skill and can increase pay. It focuses on giving an employee additional responsibilities which have previously been slated to be done by his manager or higher ranking staff.

This motivates one's self (employees) by allowing for the opportunity to use one's (employees) ability to the fullest.

4 0
3 years ago
Read 2 more answers
Most employees who use flextime prefer to work independently of others. In order to accommodate this preference, businesses perm
Drupady [299]
I think that the answer is True, because this is a good schedule to these people
3 0
3 years ago
Suppose the economy is on the classical range of the aggregate supply curve and has a problem with inflation. According to Keyne
borishaifa [10]

Complete Question:

Suppose the economy is on the classical range of the aggregate supply curve and has a problem with inflation. to use in this According to Keynesian theory, which of the following is an appropriate discretionary fiscal policy to use in this situation?

a. A reduction in the money supply.

b. Less government regulation.

c. Increase federal spending

d. Higher taxes.

Answer:

Higher taxes is an appropriate discretionary fiscal policy to use in this situation

Explanation:

The hypothesis that Keynesian economy is said to raise demand by the government to boost production. Keynesians assume that the primary force of an economy is customer demand. As a response, expansionary monetary policy is endorsed in principle.

The British Government at that time was strongly critical of Keynes. The government reduced social security costs and increased taxation in order to balance national accounts. This did not inspire people to invest their money, left the economy unified and unwilling to rebound and return to a prosperous state. Keynes said.

Alternatively, he proposed that the government would spend more resources to boost the appetite of customers in the economy. In addition, the total economic performance will be improved, which would lead inevitably to growth and a decrease in unemployment.

6 0
3 years ago
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