Answer:
False
Explanation:
A global company is a country that extends beyond the boundaries of the country of origin to carry out business activities but still maintain a consistent practice with the origin company
However , despite the its presence in other countries , the headquarters remains in the country of origin.
Moreover , it does not need to depend on the employees from the home country but rather from the host country.
The total surplus is A. $30.
The surplus is the amount of money that is let over after all requirements have been met/paid. This can also be an excess amount of production that is over the amount of money demanded. The opportunity cost is $30, which is what Tom values his time being worth that he is not getting due to dog walking.
The primary role of individuals as participants in the money market is to purchase money market instruments so that their funds can be used for further investment by financial institution.
The Money markets constitutes financial institution who provides the money market instrument such as mutual funds to the Market participant.
The Money market are essential to the economy because the excess reserves of investment with them are lend out and this boost the money supply of the economy.
Therefore, the primary role of individuals as participants in the money market is to purchase money market instruments so that their funds can be used for further investment by financial institution.
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Purpose was to lower trade barriers, such as high tariffs on
imported goods and restrictions on the number of imported items that inhibited
the free flow of goods across borders. Refers to manufacturers'
of goods and services from around the globe to take advantage of national
differences in the cost and quality of various factors of production (land,
labor, energy, capital) is called Globalization of production (off-shoring).
