Answer:
In the short-run, I will encourage my firm to export the computers to Canada first, directly from Thailand. From Canada, the computers can be exported into the USA. But this is not the long-term solution. There will be need to find another country in which production will be cost-effective and from which the goods can be exported directly into the USA.
Another approach would be to engage in lobbying, within acceptable rules, the governments of Thailand and the US to end the administrative barriers.
Explanation:
There is no single economy that benefits from trade restrictions. Therefore, every effort should be made to reduce, to the barest minimum, all forms of trade barriers, which stunt economic growth and development. Give and take, in the spirit of competition, should be encouraged at all times.
Answer:
This is an example of Utilitarianism Ethical System
Explanation:
Utilitarianism is simply an ethical system that possesses the sole aim of facilitating the greatest good for the greatest number. By shutting down under-performing facilities and opening factories overseas, it gives the company a greater chance at competing effectively in the global market and also, bringing about increase job opportunities and profits.
Answer:
The correct answer is: the slope of the aggregate-demand curve.
Explanation:
The aggregate demand comprises consumption spending, investment expenditure, government purchases, and net exports. The aggregate demand curve is a downward-sloping curve indicating that the aggregate demand will be higher at lower prices.
The aggregate demand curve is downward sloping because of the wealth effect, interest-rate effect and exchange rate effect.
When the price level decreases, the real value of wealth held by individuals will increase. This will cause consumer spending and hence aggregate demand to increase. This is called the wealth effect.
At lower price levels, the demand for money will also be lower as less money will be required to pay in exchange for goods and services. This decrease in the demand for money will shift the money demand curve to the left decreasing the interest rate. At lower interest rate investment expenditure will be higher. This will cause the aggregate demand to increase, this is called the interest-rate effect.
A decrease in price will make goods cheaper for foreign consumers as well as domestic consumers. So at a lower price, the exports will be higher and the imports will be lower. The net exports will thus increase. This will further increase aggregate demand. This is called the exchange rate effect.
if a firm want to adjust the cost of a service by 2% to stay competitive, such firm will be focusing on the <u>Price in marketing mix</u>.
<h3>What is a
marketing mix?</h3>
In marketing, these mix refers to those elements of a business's marketing that are designed to meet the needs of its customers.
The four elements of marketing mix are often called 4 'Ps' and includes:
- price
- product
- promotion
- place.
In conclusion, the firm will be focusing on the Price in marketing mix if a firm want to adjust the cost of a service by 2% to stay competitive,
<u />
<u />
Read more about marketing mix
brainly.com/question/859394
#SPJ1
Answer:
What is the amount of Supplies Expense that AllTech Corporation will recognize for the year?
$1050
Explanation:
Beggining of the year 1800
Purchased 1150
End of the year 1900
Expenses 1050
end = beg+purtcahse-expense
expense=beg+purchases-end
expense=1050