Currently, in the United States, the greatest volume of goods and services are shipped by rail.
Answer:
Yes, once I was working in a clothing retail store as a manager and my company wanted to expand their business by opening another outlet. We had two locations in out mind but the funds were enough to open only one. After a thorough analysis we decided to open it near the central station of the city.
The opportunity cost of the decision is the income lost from the other location that was near the biggest mall of he city. The only reason behind choosing the first alternative is the potential footfall near the location.
Governments implement Administrative trade policies that are designed to make it difficult for imports to enter a country.
<h3>What is Administrative Trade Policies?</h3>
Administrative trade policies are bureaucratic rules designed to make it difficult for imports to enter a country. These are rules and regulations made by the government to control the entry of particular products into the country.
<h3>What is Trade policy ?</h3>
Trade policy is the set of agreements, regulations, and practices by a government that affect trade with foreign countries. Each nation determines its own standards for trading, including its tariffs, subsidies, and regulations.
Trade policies have a significant effect on the international economy and on financial markets. They affect exchange rates, the availability of goods, and the prices that people pay for them, among many other economic factors.
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Answer:
The correct answer is letter "D": a counteroffer.
Explanation:
A counteroffer is any offer made after an initial offering. It is valid only if both parties in a commercial transaction accept it. Counteroffers imply the initial offering was rejected by one of the parties involved in the transaction, thus, the terms must be reviewed until the parties reach an agreement. Otherwise, the contract would not proceed.
