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drek231 [11]
3 years ago
5

Suppose that Toyota operates two large plants: one in Japan and one in the United States. In the Japanese plant it takes Toyota

4 hours to produce a sedan and 3 hours to produce a truck. In the plant in the United States it take Toyota 6 hours to produce a sedan and 4 hours to produce a truck. This implies that ___________ has the absolute advantage in producing sedans and _____________ has the absolute advantage in producing trucks. Japan ; Japan Japan ; United States United States ; Japan United States ; United States no one ; Japan no one ; United States Japan ; no one United States ; no one no one ; no one
Business
1 answer:
Blizzard [7]3 years ago
3 0

Answer: Japan ; Japan

Explanation:

Absolute advantage in the production of a good means that one is able to produce more of the good in a certain period of time. This can also mean that they take a shorter time to produce a single unit of a good.

Going by this definition, Japan has an absolute advantage in the production of both sedans and trucks because they take less time to produce both types of vehicles which means that they can produce more of both than the United States if given a certain period of time.

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Because of threats and risks in the global environment, some firms choose to take a more cautious approach by
klemol [59]

Answer: (C) focusing on global niche markets.

Explanation:

Even though there are many risks involved in going into the global environment, the opportunities for growth are so immense that the risks should be taken and then managed so that losses do not occur.

One way to do this is to focus on global niche markets. The company can focus on certain parts of the global market alone where their product would sell healthily as well as where they would face the lowest risk.

This is why a lot of companies expand to developed countries where they can charge higher and the law protects their interests.

7 0
3 years ago
technology transfer​ ____________. A. decreases the need for imports. B. results in a higher level of​ cross-country interdepend
Sonja [21]
I think it’s b .............
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3 years ago
The acquisition cost of a certain raw material changes frequently. The book value of the inventory of this material at year end
kkurt [141]

Answer: B. FIFO method

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3 years ago
When using the equity method, receipt of cash dividends increases the carrying (book) value of an investment in equity securitie
djverab [1.8K]
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3 years ago
Read 2 more answers
"if you change the units of one of the variables, the value of correlation will increase or decrease. "
brilliants [131]
That statement is False

If we change units in one of the variables the value increase, decrease, or stay the same
The value of the correlation is the result of the interractions of all the units in that variable, so changing onle one of the variables does not necessarily change the end result of the value.
7 0
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