Answer:
<em>The principle of "Protection of Infant Company from the unhealthy rivalry from well establish foreign Multinationals."</em>
Explanation:
<em>Most countries have this indigenous laws to protect Infant companies such as the automobile industry in Bostwana by high tariffs from their home country against the unhealthy competions from well established foreign automobile conglomerates from America, the Western nations and Asian Tigers. The well established conglomerates can use all types of Trade tools to ensure that the infant industry of the developing nation nerver see the light of the day. That their prospectes where damped. </em>
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Answer:
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Explanation:
The prices of American goods exported to japan will increase.
What do you understand by exchange rate?
The value of one country's currency in comparison to another. When nations employ gold or another accepted standard, and each currency is worth a particular amount of the metal or other standard, the exchange rate is "fixed."
What determines the exchange rate?
The market dynamics of supply and demand for foreign exchange often determine exchange rates. The US dollar, the euro of the euro region, the Japanese yen, and the British pound sterling have all employed floating exchange rates as their system of choice for many years.
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Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Materials quantity variance and labor efficiency variance.
Explanation:
Material quantity variance is defined as the difference that exists between the actual amount of a material that is used in production and the expected amount to be used. It measures the efficiency with which a raw material is converted into product.
MQV is calculated by multiplying standard price of material by difference between standard quantity and actual quantity.
Labour efficienct rate on the other hand measure efficiency of using labour.
It is calculated by multiplying standard labour rate with difference between standard labour amount and actual labour amount.