Restricting free trade or trade among nations creates outside market influences that cause markets to act in unpredictable ways. This could artificially makes prices higher or lower than they should be. It can also cause shortages in goods or services produced. This prevents market optimization.
Answer:
The answer to this question is B. It can modify its Web site according to the foreign countries' cultures.
Explanation:
A business environment is all internal and external factor that is capable of influencing organisations decision. While internal environment are mostly within the business itself, external factors are from without which means the business has little or no control
For organisations to succeed in a foreign market, it is required to deal with large society and cultural differences that is practiced in that country.
social - cultural factor is one of the external factors that can influence a business decision from without in the environment in which it operates.
The social cultural factors which includes belief, norms and customs of the people in that environment are what the business should adhere to in other to succeed in such country.
Therefore, modifying its web site according to the foreign country's culture is a step to achieve what has been explained above.
Hence the answer to this question is B It can modify its Web site according to the foreign countries' cultures.
Answer:
market forces are much stronger than individual firms are
Explanation:
In a competitive market, firms are price takers. They do not set the price for their products. Prices are set by market forces.
When the price of a bond is below the equilibrium price, there is an excess demand for bonds and the price will rise.
<h3>What is Demand?</h3>
Demand refers to the amount of the money spent on the purchase of the commodity for the particular period of time. It includes the demand of the consumer goods, imports, and government spending.
The excess demand for the bond tends to increase the prices of bonds and rate of interest falls. Thus, ultimately leading to new equilibrium interest rate is lower than previous one.
Therefore, it can be concluded that When a bond's price is lower than its equilibrium price, there is an inflationary pressure on bonds, and the price rises.
Learn more about demand here:
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