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Alenkinab [10]
3 years ago
9

Explain the term “Flag of Convenience" and how it might affect International Business.

Business
1 answer:
MAXImum [283]3 years ago
4 0

Answer:

<u><em>Flag of convenience</em></u>

A flag of a country under which a ship is registered in order to avoid financial charges or restrictive regulations in the owner's country.

It affects the international business as it creates advantages for the ships using this register as some the countries offering flag of convenience have poor regulations and poorer enforcement then activities like tax avoidance, criminal trade, and bad labour conditions make the participation in the international businesss easier for those ships

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The best choice here is A) They give out the samples and free trials as a test to see how common it is for people to be interested in their product.
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An increase in government spending of $300 billion and a tax cut of $300 billion will have _____ effects on the budget balance a
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4 years ago
This is my mom channel please subscribe​
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3 years ago
The five dollar Burger Joint gift card that your friend gave you for your birthday expires today. You can either use the gift ca
ruslelena [56]

Answer:

B) The value of the ingredients that go into the home-cooked meal and the value of a five-dollar dinner at Burger Joint .

Explanation:

Opportunity costs can be defined as the cost for choosing one alternative investment or action over another.

If you choose to use the five dollar gift card, you are going to eat for free, although you might not enjoy that meal as much as your delicious home made dinner.

But if you choose to eat a delicious meal at home, you are going to lose the five dollars of the give card and will have to spend a certain amount of money in making the dinner. Those same ingredients could be used to prepare dinner tomorrow. That is your opportunity cost of eating at home.

4 0
4 years ago
What is "risk" and how can people reduce it through "risk shifting"?
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Risk is the possibility of not getting expected result of something.
Risk shifting is one way of reducing risk. Best example for risk shifting is 'Insurance'. In this, risk is shifted to an another party like insurance company. After shifting risk to another party, if the shifted risk happened other party will gain that loss and you can claim the loss that happened because of the risk from other party. So if you have shifted your risk then you don't have to be afraid of getting that risk. Because another party is taking that risk for you but for a cost. 
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