All categories

3 years ago

What are the disadvantages of international trade?

Business

1 answer:

Phoenix [80]3 years ago

7 0

Answer:

It enables a country to obtain goods which it cannot produce or which it is not producing due to higher costs, by importing from other countries at lower costs. (iii) Specially Foreign trade leads to specialisation and encourages production of different goods in different countries.

Explanation:

inorder to minimize the disadvantage , there should be privacy maintainence in the intellectual property, there should be balanced in domestic and international trade. the over use of natural resources should be controlled. there should be proper checking of the good and services before trading them inside country or in foreign country, etc

You might be interested in

Consider the following situations for Shocker:

Delicious77 [7]

Answer:

Cash $4,500 (debit)

Deferred Revenue $4,500 (credit)

Prepaid Advertising $2,700 (debit)

Cash $2,700 (credit)

Salaries Expense $8,000 (debit)

Salaries Accrued $8,000 (credit)

Cash $70,000 (debit)

Note Payable $70,000 (credit)

Interest Expense $2,100 (debit)

Note Payable $2,100 (credit)

Explanation:

Recognize Cash and Deferred Revenue

Recognize Asset - Prepaid Advertising and De-recognize Cash

Recognize Salaries Expense and Recognize Salaries Accrued Liability

Recognize Cash Asset and Recognize Liability - Note Payable

Recognize Interest income accrued on the Note Payable during September to December.

5 0

3 years ago

Which of the following is likely to occur as the result of the law of diminishing marginal utility? A. Petra's utility from he

Rus_ich [418]

Answer:

The correct answer is option C.

Explanation:

The law of diminishing marginal utility means that keeping other things at constant the marginal utility derived from the consumption of a commodity goes on declining with each additional unit of the commodity.

So, the marginal utility from the first unit will be highest, that from second unit will be lesser, that from third even lower and so on.

In the examples given above, Wesly's case is most applicable to this.

So, option C is the correct answer.

4 0

2 years ago

Ricky told his team that he is moving forward with a change to the bonus structure, despite vocal objections from several team m

GarryVolchara [31]

Answer:

Letter E is correct. <em>Dominating.</em>

Explanation:

The dominating conflict-handling style is one that puts your individual interests above the interests of other individuals or your team.

This style is characterized by individuals who rely on forced behavior over another to resolve some existing conflict or to gain some position. It is a style based on profit and loss.

7 0

3 years ago

Suppose an early freeze affects the market for oranges. The equilibrium quantity in this market will not change after the change

BlackZzzverrR [31]

Answer:

2) perfectly vertical

Explanation:

When the price elasticity of demand is perfectly inelastic, the demand curve is perfectly vertical. This means that the quantity demanded will remain the same no matter what price.

In this scenario, the supply curve for oranges shifted to the left due to the early freeze, which results in a price increase at every level of quantity demanded. Since the demand is perfectly inelastic, the new equilibrium price will be determined by the how much the supply curve shifts.

3 0

3 years ago

If you try not to spend more than _______ minutes with each new contact, you can network easily and successfully through a large

Lady_Fox [76]

30bminutes successfully through a huge crowd

7 0

3 years ago

Read 2 more answers