WHAT IS THE DISADVANTAGE OF NOT HAVING ENOUGH INDUSTRY IN A COUNTRY?

Q: What is the importance of tourism industry in the global economy?

A: The tourism industry is one that explains the historical and attractive places in a country that…

Q: would a small business choose to license its products in other countries

A: Licensing can end up being exceptionally worthwhile whenever instituted accurately. Licensing is for…

Q: How do the tools of colonization affect business relationships?

A: Colonization refers to the situation when a country is captured by another country and ruled the…

Q: What criteria define India as an emerging market? (250 WORDS)

A: Government and central banks are important for the economy. Some countries have certain resources in…

Q: Auto Volta are planning to launch an import line of electric batteries and electric chargers going…

A: International commerce enables countries to extend their markets and gain access to commodities and…

Q: How does diversification match up with specialization

A: Meaning of Specialization: The comparative advantage under specialization is because it is vital…

Q: In what ways do you follow the Intellectual Property Code? How does it affect you

A: Intellectual property is the idea that need to be protected through copyright, else the third party…

Q: Explain how differences in technology can cause trade between countries.

A: Answer to the question is as follows :

Q: Explain why trade Is Important.

A: In economics, trade can be understood as the buying and selling of goods and services in an economy.…

Q: Plz answer ASAP. I will give you a positive rating List down 10 advantages of exporting instant hot…

A: Instant hot chocolate drink is used in big countries where people are busy in their lives and they…

Q: Why did the rate at which different countries industrialized differ so greatly?  What were the human…

A: Answer - The rate of industrialized differ so greatly at different countries because of many…

Q: A bumper sticker reads: "People not profits: Smash Capitalism." Comment.

A: Production People depend on basic amenities without which they can never survive. The things would…

Q: why is it imporntant for a country to have more industry?

A: Industry refers to firms and organizations that provide goods and services to the people. An economy…

Q: Do consumers benefit from intra-industry trade?

A: Intra-industry trade refers to the trading or business which is happening between the same…

Q: Is rapid industrial development a blessing or a curse for America?

A: Industrial Revolution was the process of transformation from an agrarian to handicraft economy and…

Q: Explain what is the pattern of trade, by giving examples.

A: Trade patterns. Long-range path of a security or product future cost, diagrammed by defining one…

Q: In which sector (s) or industries doea United States specialises in?

A: The economic recovery of the United States was in full stride during the decade of the following…

Q: Analytically discuss how Economies of Scale and Imperfect Competition describe contemporary trade.…

A: Economies of Scale This describes the cost savings that occur as a company expands its scale of…

Q: What are the major industries in Canada

A: Canada has sizeable industries including automobile, aircraft, energy, power, and technological…

Q: Explain: “The United States can make certain toys with greater productive efficiency than can China.…

A: The idea of Adam Smith and David Ricardo: Adam Smith: The international trade can be beneficial only…

Q: What is the economic impact of multinational corporations on host countries

A: A multinational firm is one that owns and manages the production of goods and services in several…

Q: What are the industrial policies of the United States?

A: Answer - Need to find- What are the industrial policies of the United States   The Industrial…

Q: Why people support in illegal trade is a lucrative form of business?

A: A British traveler on tropical seashore models for a photograph with a charming monkey-like…

Q: O a) Patent law b) Trademarks law c) Copyrights law Od) Trade secret law e) International law

A: IP is safeguarded in regulation by, for instance, licenses, copyright and brand names, which empower…

Q: What are the main problems of industrial sector of Pakistan? explain in detail

A: Main problems of industrial sector of pakistan are as follows Electricity problem There is problem…

Q: How does specialization increase production?

A: Specialization refers to the process of concentrating in a single process which enables the…

Q: why economists are sceptical about industrial policies?

A: Skeptical economists are those who reject the story told by other school of economists. This is…

Q: If a country closes off to trade and notices that the number of firms in an industry doubles in…

A: Trade patterns between countries with similar productivity and factor endowments may indeed be…

Q: Difference between Inter-regional and International Trade? 200 to 300 words paragraph

A: Answer: Nonetheless, there are several reasons to believe that international and interregional…

Q: Explain how the following international business theories can be used by coca cola company when…

A: 1. David Ricardo’s theory of comparative advantage Other things being equal, David Ricardo proposed…

Q: Why industrial sector is important in the Philippines?

A: The industrial sector is the sector that mainly produces raw and finished products and services.

Q: Radio is one of the easiest and cheapest media sources. It is easily available in most part of the…

A: Radio has continued to be a tremendous source of entertainment and information. It not only is…

Q: commercial trade

A: Countries engage in commercial trade for their own benefit. The primary reason to engage in trade is…

Q: what is the pattern of trade (give an example)

A: Trade is defined as the exchange of commodities and services across the boundary of the country.

Q: Why does australia have a comparative advantage in producing wheat?

A: Comparative Advantage:- The capability to manufacture commodities and services with a reduced…

Q: Describe Lancaster Pennsylvania's economy. Which sector is dominant in this town?

A: Introduction The Lancaster's economy is now ranked 37th in the USA. This is a projection based on…

Q: What are the five causes of industrialization?

A: Industrialization refers to the process of economic transformation where an economy is shifting from…

Q: We know for a fact that the exchange of illegal goods is wrong but how come people still support…

A: The economics as a study uses various assumption, and decision making phenomenon in order to…

Q: What was mercantilism? Oa An economic theory carefully elaborated by Adam Smith in The Wealth of…

A: Hey champ, Welcome to this platform. Here you will get the answer with better quality in minimum…

Q: What was the role of government in rapid industrialization of China?<

A: 2. China is a socialist nation since 1949, and the government has dominated the economy for almost…