Answer:
The correct answer is option c.
Explanation:
The world price of a ton of steel is $650.
During the autarky, the price of steel in Russia was $1,000.
After the trade, the price fell to $650. This means that Russia started importing steel from other countries where it was cheaper. This caused the price of steel in Russia to fall to the level of the world price.
This happens because at price $1,000 consumers will purchase from foreign producers. This will reduce the demand for domestic producers. This decrease in demand will shift the demand curve to the left such that the price falls to $650.
An illustration of a sound general business philosophy is to prioritize the triple bottom line by acting ethically toward the organization's stakeholders and the environment.
<h3>
What are the objectives of the triple bottom line?</h3>
TBL is devoted to concentrating on the following strategic goals:
To work together on the government's national five-year development plans (FYDP III) with other stakeholders to promote an environment that is conducive to socio-economic growth.
Five Essential Business Rules:
- Leadership
- Perception
- Vision
- Reputation
- Consistency
Hence, The triple bottom line hypothesis broadens the definition of business success indicators to take into account contributions to social, economic, and environmental well-being.
Learn more about the triple bottom line:
brainly.com/question/5617781
#SPJ1
Potlatch, ceremonial distribution of property and gifts to affirm or reaffirm social status, as uniquely institutionalized by the American Indians of the Northwest Pacific coast. The potlatch reached its most elaborate development among the southern Kwakiutl from 1849 to 1925. Although each group had its characteristic version, the potlatch had certain general features. Ceremonial formalities were observed in inviting guests, in speechmaking, and in the distribution of goods by the donor according to the social rank of the recipients. The size of the gatherings reflected the rank of the donor. Great feasts and generous hospitality accompanied the potlatch, and the efforts of the kin group of the host were exerted to maximize the generosity. The proceedings gave wide publicity to the social status of donor and recipients because there were many witnesses.
<em>The United States Senate's and the House of Representatives'</em> chambers are part of a bicameral federal legislature. The Senate is the upper chamber of the United States Congress, and the House of the Representatives is the lower chamber. Together they comprise the legislature of the United States.
Answer is C.
Explanation:
International relations allows nations to cooperate with one another, share information as a way to face global issues that go beyond any particular country or region.