Answer:
A country that advances its national interests abroad by prioritizing international cooperation, compromising with foreign allies, and participating in international organizations such as the United Nations is following a _____.
c. multilateralism grand strategy
Explanation:
The emphasis placed on relationships between other countries is dictated by a country's preferred objectives. If the country encourages international relationships and cooperation with others, it is engaged in multilateralism. This refers to an alliance of multiple countries pursuing a common goal, like the United Nations. The opposite of this diplomatic strategy is called unilateralism. This implies that the country chooses to go it alone without seekings the cooperation of others. An example is when one country launches a military attack on another without seeking for the help or approval of other friendly countries.
Answer:
D. Shoes Cult has a competitive advantage over Aros.
Explanation:
Competitive advantage is defined as the advantage an entity has when they are able to produce a good at cost that is lower than the cost incurred by other parties in the same industry. This results in higher profit margins for businesses that have low production cost.
In this scenario Aros produces shoes for $20 while Shoes Cult produces the same shoes for $22. They both have the same price ceiling of $30.
Aros has competitive advantage over Shoes Cult because they produce at a lower cost and make more profit than Shoes Cult.
Assume they both sell at the maximum price. Profit for Aros= 30- 20=$10
Profit for Shoes Cult= 30-22= $8
Answer:
The correct answer is letter "B": specialty goods.
Explanation:
Specialty goods are those for which buyers can make a special offer to acquire them based on special features the good has and brand recognition that makes it unique. <em>Luxury cars, cultural ornaments, </em>and <em>high-fashion clothing</em> are examples of specialty goods.
Business Financial Management
Sometimes development aid goes toward disaster relief. For example, after the Indian Ocean tsunami of 2004, non-governmental organizations helped devastated countries to rebuild.
Based on your understanding of the chapter, which of the following statements are true of foreign aid? (Select all that apply).
A. Foreign aid is inefficient when it is given directly to an extractive government.
B. Foreign aid is efficient when it is directly used to rebuild capital and promote growth in an economy.
C. Foreign aid is efficient when it is given directly to an extractive government.
D. Foreign aid is inefficient when it is directly used to rebuild capital and promote growth in an economy.
Answer:
Option A & B is correct
Explanation:
- corruption within the government affects the proper use of aids for that which it's designated for( diversion of funds to personal accounts of government officials in charge e.g mobutu of Zaire.)
Foreign aid is a powerful tool which can be used to mediate failure of market mechanism and boost economic growth by facilitating productive investment in key areas of the economy.
