All categories

2 years ago

which economies would you expect to rely LESS on foreign trade as a percentage of their economic activity

Business

1 answer:

Artist 52 [7]2 years ago

4 0

Answer: А. large, more heavily populated, economies like China

Explanation:

Larger countries like China and the US have a higher population which will mean that domestically, they produce quite a lot and so percentage wise would be able to rely less on foreign trade as they will produce a lot of things for themselves.

Smaller countries like Singapore however, will be unable to produce much of what they need and so will have to engage in foreign trade more than larger countries, percentage wise.

Mathematically speaking. Percentage wise, larger countries will rely less on foreign trade because foreign trade will be less compared to their large economies. The reverse is true for smaller countries.

You might be interested in

The local government removes a tax on the production of beer in Riverside in an effort to stimulate the economy. At the same tim

Norma-Jean [14]

Answer:

Equilibrium quantity will increase; Equilibrium price is ambiguous.

Explanation:

If the government removes a tax on the production of beer then as a result the producers of beer will increase their production level and this will increase the supply of beer in an economy. Therefore, there is a rightward shift in the supply curve of beer.

Simultaneously, the students are ready to party in the new quarter which indicates that the demand for beer increases. This will shift the demand curve for beer rightwards.

As a result of these shift in the demand curve and in the supply curve of beer, the equilibrium quantity of beer increases and the effect on equilibrium price of beer is ambiguous because that will be dependent upon the magnitude of the shift in the demand and supply curve.

3 0

3 years ago

Although entrepreneurs expect to succeed, they must be realistic and recognize that they are taking a(n) because many small busi

Harlamova29_29 [7]

Entrepreneurs take risks because they may lose time and money despite their high expectation of success.

<h3>Who is an entrepreneur?</h3>

An entrepreneur is an individual who starts a business. Entrepreneurs are known for their passion to achieve business success. They enjoy the gains from their success and may risk losing their time and money in the process.

Thus, as the entrepreneurs expect to succeed, they must be realistic, recognizing that they are taking a risk.

Learn more about entrepreneurs at brainly.com/question/353543

8 0

2 years ago

While a loan must be repaid, factoring is the selling of _____ to a finance company who then assumes responsibility for collecti

Umnica [9.8K]

The correct answer is accounts receivable.

While a loan must be repaid, factoring is the selling of accounts receivable to a finance company who then assumes responsibility for collecting the accounts.

<h3>What is factoring? </h3>

Factoring is concerned to a kind of financial transaction. It is also a type of a debtor finance.
In factoring a business sells it accounts receivable to another party at a lower cost or at a discount.
It is usually used in international trade finance.
It is also known as invoice factoring, accounts receivable factoring, or also as receivable financing.
In factoring there are three different parties directly involved.
The whole process highly confidential.

To learn more about accounts visit: brainly.com/question/17373928?

#SPJ4

6 0

1 year ago

The first person that answers ill give u 50 brainlist points, brainlist to, stars, and a heart

melisa1 [442]

Hi and I am cool
And thx

6 0

1 year ago

Read 2 more answers

12345678901234567890000

Arlecino [84]

Answer:

12345678901234567890000

Explanation:

6 0

3 years ago