Over time, the average consumer will be better off from reduced trade barriers by lower prices.
- Comparative advantages allow countries to manufacture the goods at which they are experts.
- A is skilled at making delicious wine, and they can do so for less money than B while still creating a wine of higher quality.
- When trade obstacles are lowered, wine from country A will be sold in country B, customers will have more wine options available to them, and prices will be substantially less different than they are when strong barriers are in place.
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The use of the <u>internet </u>allows bank customers the ability to complete most transactions electronically without leaving home.
<h3>What is Internet?</h3>
Internet help to transmit data or information across a network, making it possible for internet user to communicate and exchange information.
Example of internet are:
- WAN which full meaning is Wide Area Network.
- LAN which full meaning is Local Area Network.
Hence, internet play an important function as it make it possible for bank customers to complete their transactions electronically or to carryout their transaction online without having to leave their various homes.
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I’m not sure I understand the question so are you saying is a hair salon a want yes
Escalating fuel and escalating insurance costs continue to have an impact on the trucking industry.
<h3>Impacts of the raised costs:</h3>
- Carriers are forced to raise their pricing in order to cover rising fuel costs, or else they risk losing money.
- The whole business is impacted by the growing cost of gasoline since the shipper is required to pay more to carry goods if the freight carrier must pay more to do so.
- Additionally, if the shipper is paid extra for transportation, the recipient will also be charged more to cover the increased costs.
- Some businesses may start stocking up on more items as a result of the rising expense of transportation, which can cut down on the quantity of transportation required; henceforth, causing inflation for the public.
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Answer:
e) nonmarketing-controlled
Explanation:
Nonmarketing-controlled information source includes any source out of market (which does not include advertising or promotion) such as friends and family members opinions, consumer reviews, report studies social media forums and other available public sources to make a decision. So the correct optio is e) nonmarketing-controlled