Colin told the management team that their Ohio-based company should produce the textiles for the new line of jackets in China because it would allow them to price the clothing line lower, which would then give consumers more money to spend on other items. Colin is making an argument for ______.

Answers

Answer 1
Answer:

Answer:

Free trade.

Explanation:

This theoretical policy can be explained to be certain laws under which the government is seen to impose absolutely no tariffs, taxes, or duties on imports, or quotas on exports. Therefore, it is directly seen to be the opposite of protectionism, a defensive trade policy intended to eliminate the possibility of foreign competition. It is seen in terms of unrestricted measures in importation and also exportation of goods in and out of a country.

In the world of our own, which is of the recent times, this policy implementation is done by means of a formal and mutual agreement of the nations which are seen to be involved. Also this policy in some cases may simply be the absence of any trade restrictions.


Related Questions

Banks _____ the money supply because they _____ currency from circulation and place it in their vaults or deposit it at the Federal Reserve.
The federal act which provided over $7 billion to the EPA to protect and promote "green" jobs and a healthier environment is the - National Environmental Policy Act. - Resource Recovery Act.- Resource Conservation and Recovery Act.- American Recovery and Reinvestment Act. - Clean Air Act.
Melinda's job consists of greeting visitors at the front desk of an architectural firm. Sometimes she finds herself with little to do. Which of the following is NOT an appropriate use of her time?a. texting her mother at home b. preparing for the next client visit c. e-mailing her boss to ask for directions d. straightening the magazines in the lobby
What happens when you do not make a decision?
What is any factor that makes it difficult for a new firm to enter a market referred to as?a. a sustainable cost b. a commodity c. a barrier to entry d. perfect competition

A college graduate in 1972 found a job paying $7,200. The CPI was 0.418 in 1972. A college graduate in 2005 found a job paying $30,000. The CPI was 1.68 in 2005. The 1972 graduate's job paid ______ in nominal terms and ______ in real terms than the 2005 graduate's job.

Answers

Answer:

D. Less; Less

Explanation:

Given that

CPI in 2005 = 1.68

Wage in 1972 = 7200

Wage in 2005 = 30,000

CPI in 1971 = 0.418

Therefore,

Real wage in 1972 = wage in 1972/CPI in 1972

= 7200/0.418

= $17,224.88

Real wage in 2005 = wage in 2005/CPI in 2005

= 30000/1.68

=$17,857.14

Thus, from the given data 1972 job paid LESS in nominal terms (7200 < 30000) and LESS in real terms (17,244.88 < 17,857.14) than the 2005 job.

One requirement of the business records exception to the hearsay rule is that the?a. business must be a medical office
b. records must be accurate
c. declarant must be deceased
d. records must be less than one year old

Answers

The correct answer for the question that is being presented above is this one: "a. business must be a medical office." One requirement of the business records exception to the hearsay rule is that the business must be a medical office.

You plan to number each account in your chart of accounts you want to have major categories and two levels of sub categories each level of category will be represented by a digit you want to have a room in your numbering for at least 10 accounts within the lowest level of subcategories how many digits do you need in your account numbers

Answers

Answer:

umm then u will have 5 account left

Advertising, personal selling, sales promotion, public relations, and direct marketing are marketing communications alternatives that make up a firm’s

Answers

Advertising, personal selling, sales promotions, public relations, and direct marketing are marketing communications alternatives that make up a firm's promotional mix.

Promotional mix is the combination of two or more communication tools used to inform potential buyers, persuade them to try it, and remind then of the benefit they experienced from it. It is applied under the concept of IMC or Integrated Marketing Communications.


Draw a graph which depicts long run equilibrium of transnet

Answers

I will not be able to illustrate the graph in the dialog box but instead, the writer will describe the long-run equilibrium of transnet. Long-run equilibrium in economics focuses on the period of time where the resource is still available and what is its costs and quantity produced. 

___________ : a decline in the value of a currency.A. Rise
B. Importation
C. Depreciation
D. Appreciation

Answers

C. Depreciation is a decline in the value of currency.