Answer:
because no nation's economy can produce all of the goods and services that it needs.
Explanation:
In simple words, International trade refers to the exchange of goods and services that occurs between the nations around the world for over all welfare and development of world economy.One of the major reasons behind such exchange is the opportunity cost of producing the same good differs among nations significantly.
For instance, a product that belongs to the labor intensive industry could be produced in India easily while as technology intensive good is feasible in America.Also due to difference of availability in natural resources some economies might not be able to produce some goods altogether.
A. The Occupational Outlook Handbook
Answer:
Push strategy
Explanation:
A Push strategy is originated from the push and pull concept in the logistics. This strategy refers to the concept of producers pushing their products into different channels and then those channels will further market and advertise their products. This strategy is one of the various channel strategies that is used by producers.
One of the example would be Walmart which uses push strategy over pull.
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Answer:
The statement represents the Straw Man fallacy.
Explanation:
A Straw Man fallacy is a version of an argument that is misrepresented, simplified so that it will be easier to defeat. It replaces or represents whatever actual argument is being made. The Straw Man fallacy in some cases is not provided intentionally. They could also be the result of talking about something with little to no previous knowledge of it.
Thus, as the evolutionary theory does not only proposes that humans come from monkeys with less hair and bigger brains, <em>the statement is oversimplifying the different researches on that topic</em> falling into a Straw Man fallacy.
Answer:
The corporation's current earnings and profits for 20X3 would be $603,000
Explanation:
The computation of the current earnings and profits are shown below:
= Taxable income - federal income taxes - disallowed penalty + insurance proceeds
= $800,000 - $272,000 - $25,000 + $100,000
= $603,000
The federal income tax refund would not be considered in the computation part. Hence, it is ignored.