Strategic thinking contributes to rational thinking because when you strategically think about different things you are strategizing components and it comes clear of what it is and then it becomes just common sense.
Answer:
A) we would expect the price of capital to rise by more than 10 percent in Switzerland.
Explanation:
In foreign trade, the magnification principle is part of the Stolper-Samuelson theorem and it states that the price of a factor that is used intensively in the production of a good or service will change in a larger proportion than the price of the good or service produced. In other words, the change in the price of capital will increase by a larger proportion than the goods produced using it. So if the price of watches increases by 10%, then the price of capital will increase by more than 10%
Answer:
actual inflation rate will be equal to the expected inflation rate in the long term.
Explanation:
Since in the given instance, both companies sign the long term contract rather than the short term contract, because they believe that the expected inflation rate for each year cannot be accurately expected, but that the inflation rate for a long term period can be more accurately expected.
This is based on the concept of trend analysis, a trend analysis can help find long term results with more close to reality.
Thus, both the companies here believe that the long term rate can be expected properly of inflation.
Average recruiters eliminates a lot of applicants by scanning their resumes and find some keywords in the resume here are some "DO" things that should be in your resume :
- make it a text based format, don't rely on picture and graph since it cannot be scanned
- AVOID any typos
- do not use text box, since the scanner will categorized as graph
Hope this helps
