When a domestic country is small relative to world markets,is a price taker and its consumption and production do not affect the world price,it can be studied using macroeconomic variables.
Given that a domestic country is small relative to world markets, is a price taker, and its consumption and production do not affect the world price.
We are required to give a way to study the effect of size of country on the world prices.
The prices depend on the size of the country. The country which is big in size can manipulate the prices by changing the supply of the goods whereas the country which is not much big cannot change the prices. The demand and supply of international prices are the macroeconomic variables.So to study the effect of size of country on the prices,we need to study these variables.
Hence when a domestic country is small relative to world markets,is a price taker and its consumption and production do not affect the world price,it can be studied using macroeconomic variables.
Learn more about macroeconomics at brainly.com/question/15430721
#SPJ4
Filling out a form is neither too easy nor too difficult. There are parts in the form where you get really confused, but you can eventually figure it out. Following instructions is really important when filling out a form especially when it's your first time. For those who have been filling it out, it won't be difficult anymore unless the form underwent revisions.
<span>Eastern Europe has become successful at manufacturing automobiles and Electronic products. In actuality, Central and Eastern Europe (CEE) have emerged as a global leader in the electronics industry. Hungary has been the area to experience the most growth in the electronics world.</span>
Answer:
The Peter's Group originated four years ago, and since then, the company has grown each year. Management has focused on making sure that the organization's strategic goals cascade down through the organization so that the employees can work together in pursuit of common ends. Peter's Group is using aligned goals in their organization.
Explanation:
Aligned goals is what organizations do in order to gather all the forces towards the achievement of common objectives.
