What would happen if scarcity did not exist in economies?

Q: (1) In your opinion, how do theories of economic development guides one country in determining…

A: Economic growth is the increase in the goods and services produced by an economy in a country over a…

Q: Energy, fruit, and water are widely cited as vital economic growth opportunities. Justify the…

A: The critical role of oil, food, and water in economic growth, as well as the inequalities in access…

Q: How did the role of the United States in the global economy evolve in the first half of the…

A: An organization’s problems are the difficulties that the organization faces while performing…

Q: foreign aid

A: FOREIGN AID

Q: Is developing countries can escape all of the traps described in this chapter contemporary models…

A: The term lure generally sense means that preventing from associate escape, The underdeveloped…

Q: What relevance do currency exchange rates have for foreign trade?

A: What is an Exchange Rate:- A conversion scale is the rate at which one money can be traded for…

Q: Read and answer the following question carefully. The government of former communist countries |have…

A: Communism is described as an economic and political doctrine that is targeted towards the…

Q: As an economic/financial expert you are tasked to advise whether financial development can play a…

A: The role of financial development in economic growth has been a subject of debate among economists…

Q: What unique problems does Indonesia face as its economy continues to expand?

A: The economy is made up of all the factors that affect the economic position of the country. For…

Q: impact before & after

A: COVID-19 which is declared as the most harmful disease of several eras as it has not only impacted…

Q: What is meant by the current description of the global economy that "time and distance have been…

A: Globalization has utterly modified the transit within the world dynamic state of affairs. the…

Q: Explain why is develepment the only answer to countries to prosper ?

A: It refers to a country's economic, environmental, social, and political prosperity.

Q: The current pandemic era has greatly affected the business world, especially trade. In your opinion,…

A: Marketing environment - It signifies the influence of external factors on the marketing activities…

Q: What country is the biggest as measured by world trade?

A: World trade means the trade between countries in the world. World trade crosses the borders of the…

Q: What business is most suitable in Russia apart from energy production?

A: Russia is a country that has the innovative and latest technology. But the business environment of…

Q: What special challenges and opportunities are presented for reverse flows by globalization? What do…

A: The special challenges and opportunities that are presented for reverse flows by globalization are:

Q: What was the role of the oil industry in the economy both before and after the revolutionin Iran?

A: Unlike the socialist revolutions of the last century ,the Islamic Revolution of Iran did not…

Q: 1. Should market and command governments encourage people in traditional economies to adopt their…

A: Traditional market systems or economics have some severe drawbacks for their people as well as the…

Q: Is development the only answer for countries to prosper?

A: What does a prosperous country mean? It means when the country is monetarily, environmentally,…

Q: Energy, food, and water are frequently cited resources that are critical for economic development.…

A: Energy, food and water are most important for all human begins and for economic development. Demand…

Q: How can we "upgrade" our economy given the strength of the global economy, especially the giant…

A: ANSWER: For upgrading economy the following ideas can be beneficial:

Q: "two scenarios of the global economy"), pick a position and support it regarding: which of the two…

A: Globalisation  : It is the interdependance of countries on each other for goods and services…

Q: Each country is confronted with the fundamental economic problem of which economic system to choose…

A: a.) A command economy is where government rather than the free market decides what goods to be…

Q: 2. Define the types of planned economies? Which of the planned economies, do you think, is good for…

A: An economy can be referred to as a system where goods are produced and exchanged for monetary…

Q: What can you see as a potential market existing right now during this pandemic. Explain why? Do you…

A: 1.)As a result of the COVID-19 pandemic, more people are shopping online, particularly for "health…

Q: Appreciate the dynamic nature of the global economy, which can impact and change the competitive…

A: The global economy can be simply explained as the economic activities which are interconnected and…

Q: Since the US economy has reopened, there is a very high demand for imports that is leading to…

A: This question is related to the topic - Supply chain management and this topic falls under the…

Q: How can entrepreneurs and small businesses with limited resources prepare?

A: Entrepreneurs are budding businessmen or women who want to start their own businesses based on their…

Q: During the last 20 to 30 years, there have been a number of countries whose economies have…

A: Economic expansion can be defined as the movement of the economy from tough phase to peak phase and…

Q: Without an increase in resources or an improvement in technology, how can all countries in the world…

A: Globalization is the process of integration among people, companies, and governments across the…

Q: What is backward integration?

A: 1)Backward integration is a shape of vertical integration in which a enterprise expands its fuction…

Q: The integration of economies throughout the world, enabled by technological progress, is called…

A: Globalization is defined as the process of spreading of products, information, technology and…

Q: Explain transition economies and the problems they face, giving examples.

A: A transition economy is one in which the economy shifts from central planning to free markets. Since…

Q: the relationship between trade and the free flow of labor and capital acrosscountries.?

A: Trading or importing and exporting in other countries needs to be performed by following many…

Q: How does free competition ensure continued progress and improvement? Explai with an example?

A: Free competition or free market can be explained as the market in which the companies or individuals…

Q: The influence on domestic issues of organizations such as the United Nations, World Trade…

A: These days all organizations are globalized. The globalization of the organization has been made due…

Q: Globalization-related economic integration will offer a chance for more scattered growth. Why would…

A: The reasons why economic convergence correlated with globalization enable more broadly distributed…

Q: In order to succeed in China, what did Walmart do?

A: Walmart Inc is an America based multinational company that operates various types of stores such as…

Q: Why might emerging market economies want toimplement financial liberalization and…

A: Emerging Market Economies- "Economies in an early stage that have recently opened up to the flow of…

Q: Why do you think the Philippine economy still not considered a developed economy?

A: The country Philippines is located off the coast of mainland Asia which consists of more than seven…