In which sector (s) or industries does United Kingdom specialises in?

Q: Why do countries control the export of some products to certain other nations?

A: Export control:-   Export control can be explained as the limitations placed on companies that…

Q: Economics Why would Egypt import goods that they already export?

A: Two-way (or intraindustry) commerce is international trade in which countries import and export the…

Q: What are the major industries in Canada

A: Industries:- The organizations that produce goods and services are known as industries.

Q: How does diversification match up with specialization

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

Q: Some Basic Facts about Trade?

A: Trade is a basic concept in economical activity, trade is defined as the exchange of goods and…

Q: What would a country profile for Columbia include, specifically looking at: Size, Climate,…

A: South America's economy encompasses farming, mineral extraction, and producing goods, and services.…

Q: How does specialisation benefit the economy?

A: Specialization means getting expertise in doing some work. When a particular person does same kind…

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

A: In a country, different industries are established to provide different types of products and…

Q: How do two countries benefit from trading with each other?

A: Countries generally do trade with other countries when they have a lack of resources, to satisfy and…

Q: When you are doing business with a foreign country, you need to remember that A. things important to…

A: The answer is - A. Things important to you might not matter in other countries.

Q: what do Christianity and Islam declare in terms of business ?

A: Business is the activities of selling or producing , buying of goods and services to earn income .…

Q: How the South Korea has become one of the most industrialized and exporter country in the world?

A: South Korea has experienced one in all the most important economic transformations of the past 60…

Q: What is a multinational corporation and how does a firm become one?

A: Company: The company is an artificial person that can perform like a natural person. It can have the…

Q: What are the benefits gained from trade? Calculate and show them.

A: An economy possesses a comparative advantage in the production of a good or service if it can…

Q: How have changes in technology contributed to the globalization of markets and production?

A: Globalization refers to the openness of economies to make an exchange of economic goods, cultural…

Q: How can businesses determine the attractiveness of a foreign market?

A: The term market attractiveness is a concept that practices many factors to determine whether or not…

Q: What are the business advantages and disadvantages of Japan?

A: The question is asking about the pros and cons of doing business in Japan. This involves…

Q: As a student, what is multinational corporation to you? Are you interested in having businesses to…

A: A business is an organization that works for-profit motive for its growth in the company. It means…

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: global business?

A: International business is a business firm which tends to engage in international economic activities…

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

A: US generally specialize in broad number of sectors which are as follows

Q: How do intellectual property protections differ between India and China?

A: Intellectual property is a sneak up word for a collection of intangible assets or non-physical…

Q: How does specialization increase production?

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

Q: List down the main ingredients or raw materials in manufacturing the Ferrari sports car.

A: Introduction Ferrari is one of the luxury cars which is manufactured in Maranello. Maranello is in…

Q: How does competition, whether domestic or foreign, harm businesses?

A: Competition can harm a business in many ways.

Q: What are the different phases of Foreign policy of Pakistan?

A: The foreign policy of a nation includes the strategies adopted by it in order to protect its…

Q: Explain the importance of foreign trade

A: International Trade or Foreign Trade is the exchange of goods and services between the various…

Q: 1. In Italy, an automobile can be produced by 8 workers in one day and a washing machine by 3…

A: Absolute advantage implies or refers to the superior production capabilities in an economy which is…