Answer:
Developed economies want to outsource manufacturing another jobs to developing countries mainly due to low tax rates and cheaper labor.
Explanation:
Outsourcing has become a common practice for multinational firms and since then, it has also been a widely debated topic. Multinationals tend to outsource their manufacturing to developing economies mainly because the governments of developing economies offer them low tax rates and other deals in order to attract them into investing in their countries. Another reason is that labor is usually cheaper in developing economies, so their manufacturing costs decrease.
At the time, the government was considered to be democratic, the only federalist officers were the judges. In marbury v Madison the judge, was a federalist (Judge Marshall). What happened was Jefferson order the Secretary of state to not deliver commissions to federalist judges. Marybury sued for commissions, which created the case. What was significant was Marshall used the judiciary act to rule Marbury had commission, but it gave the court grater power than the constitution make the act unconstitutional. Marbury lost the case but the federalist judges won in the end. This case created Judicial review which let the supreme court exercise the power to decide weather an act of congress was allowed by the constitution. This gave the judges more power
Based on the given statement, I would presume that twin deficits cover both the budget deficit and trade deficits. It is most likely that budget and trade go hand in hand in transactions.
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