Answer:
The invention of a machine to make plastic corks for wine bottles has severely affected companies that produce traditional cork. The invention of the machine for making plastic corks is an example of a(n)<u><em> technological </em></u>advancement.
Explanation:
In business, technological advancement demands that a shift and adaptation be made with the advancements in order to compete in today's changing market place. In order to have a balanced business, it is necessary that a company adapt to the changes and change its product according to the market.
In the above mentioned example, the companies making traditional cork will have to make plastic corks and modify their products if they want to stay in the market.
Answer:
the correct answer would be B
The correct answer is C) Free Trade.
<em>Compared to protectionism an opposing goal of economic foreign policy is free trade.
</em>
Free trade is the opposite of protectionism. Free trade welcomes the exchange of products and services among countries, eliminating or reducing the imports and exports tariffs, and eliminating special tariffs to the products.
The best example of Free Trade in the world is the Free Trade Agreement between Mexico, Canada, and the United States. This free trade agreement has helped the three countries to create more jobs and to improve their economies.
Are there any choices for this qeustion?
