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tangare [24]
3 years ago
7

How can international trade agreements lead to economic growth

Business
1 answer:
LUCKY_DIMON [66]3 years ago
3 0
To answer the question above on how can international trade agreements lead to economic growth is that it can boost the country's development special to the third world country or other poor country that needs to open their market benefiting that it earns because of more investments coming in.
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Managers of Wendy's fast-food restaurants keep track of prices at competitors such as McDonald's, Burger King, and Arby's, knowi
liubo4ka [24]

Answer:

Decrease demand for Wendy's products.

Explanation:

This is because Wendy's is aware of the cross elasticity of demand and the effect it can have on Wendy's given a change in price of its competitors. Since the competitors are all substitute goods which means that a decrease in price of any substitute that is the competitor product will shift people from buying Wendy's to these competitors, thus reducing Wendy's product demand and its revenue.

Cross elasticity of demand for substitutes is 1> . Hence the qty demanded for Wendy's will fall more than the increased revenue by charging higher price than its competitors.

Hope that helps.

3 0
3 years ago
Read 2 more answers
Why are revenue tariffs levied?
belka [17]
A revenue tariff is a tax applied to increase the revenue(money brought in) of an economy. Usually occurs in business. For example, oil that is imported or exported from the US is a revenue tariff.
3 0
4 years ago
Read 2 more answers
Financial markets and channel to . They also channel money from individuals who want to for the future to those who need cash to
Monica [59]

Answer:

financial intermediaries, saving, real investment, save, mutual funds, ETF, commodity market, shares, stock market, banks, CFO, liquids

Explanation:

The Question is incomplete. Here Is the complete Question.

Fill in the blanks in the following passage by choosing most appropriate word from the list:  CFO, save, financial intermediaries, stock market, saving, real investment, bonds, commodity markets, mutual funds, shares, liquids, ETFs, banks. each term should be used only once.

Financial market and ________ channel______ to_____ . They also channel money from individuals who want to_________ for the future to those who need cash to spend today. A third function of financial markets is to allow individuals and businesses to adjust their risk. For example,______ , such as the Vanguard Index fund, and ______, such as SPDR's or "spiders," allow individuals to spread their risk across a large number of stocks. Financial markets provide other mechanisms for sharing risks. For example, a wheat farmer and a baker may use the______ to reduce their exposure to wheat prices. Financial markets and intermediaries allow investors to turn an investment into cash when needed. For example, the_______ of public companies are because they are traded in huge volumes on the______ .  ________ are the main providers of payment services by offering checking accounts and electronic transfers. Finally, financial markets provide information. For example, the______ of a company that is contemplating an issue of debt can look at the yields on existing______ to gauge how much interest the company will need to pay.

7 0
3 years ago
A variable that likely is incorporated in the error term is: A. The fixed cost of production B. the variable cost of production
Serga [27]

Answer: Variable cost of production

Explanation:

Variable costs increase or decrease depending on a company's production volume; they rise as production increases and fall as production decreases. Examples of variable costs include the costs of raw materials and packaging.

Variable cost is the cost that covers through the production phase and changes as production is being finalized. This cost changes price variables depending on how much the company produces. The rise and fall of production determines their final position in pricing. Packaging and the various material cost are examples of variable cost.

4 0
4 years ago
Explain why market power leads to deadweight loss. Firms with market power create deadweight loss because they A. charge a price
Readme [11.4K]

Answer:

A) Charge a price that is greater than marginal cost to maximize profits.

Explanation:

The more market power a company has, the more it will tend to act like a monopoly. For example, Microsoft is not considered a monopoly because it is the only software company in the world, but because its market power in the PC business is so large that it dominates the industry.

5 0
3 years ago
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