What was mercantilism? Oa An economic theory carefully elaborated by Adam Smith in The Wealth of Nations Ob.a government policy Oc.a colonial American policy Od.a theory of business of trading primarily with England in order to strengthen political and economic ties aimed at achieving national economic self-sufficiency organization in which merchants formed joint stock companies to pool their capital

Q: Regional trade agreements include countries in a region that join together for economic growth and…

A: Regional Trade agreements are a type of written treaty which is signed by group of countries to…

Q: 6. How did computers and technology further impact the US economy and industry?

A: Technology has had a significant impact on the US economy, and its use has been related to changes…

Q: How does diversification match up with specialization

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

Q: The following are arguments against free trade (cases against free trade) EXCEPT a. Intellectual…

A: In the international market, free trade has advantage as well as disadvantage for the domestic…

Q: Splitting up the value chain allows companies to take advantage of ____.   economies of…

A: Splitting up the value chain enables companies to harness economies of scale and specialization,…

Q: create a  report that achieve the following objectives:Knowledge1. Describe the international…

A: The objective of this question is to create a comprehensive report on the international business…

Q: Which of the following is a true statement about barriers to international business? Devaluation…

A: The transfer of capital, goods, and services across international borders or territories in response…

Q: slove the attachment

A: Productivity: It means the total output produced by the inputs. Productivity shows the efficiency of…

Q: The foreign policy approach of increasing the territorial or economic influence of one’s own country…

A: The foreign policy approach of increasing the territorial or economic influence of one's own country…

Q: Domestic businesses can be set up to support or supply a foreign business. O True O False

A: Answer - Need to find- Statement is "True" or "False" Given in the question- Domestic Businesses can…

Q: Short answer The economic domain has been a driving force of globalization. Why is this so?

A: Globalization has been a great driving force behind the growth of the economy.

Q: In the evolution of the state of despotic....what is the mode of production

A: Despotic state refers to when the individual holds all the power. In economics, it refers to when…

Q: An example of a predatory trade practice is: tariffs, duties and quotas subsidies trade and…

A: Predatory trade practices are strategies used by countries to distort the market in favor of their…

Q: ick on the items on the left to read a description. Then, drag each item to the correct implication…

A: The government takes several measures in order to enhance the export and overall trade of an…

Q: One of the following phenomena has been inaccurately described. Which one is it? a. Offshore…

A: There are various economic revolutions and improvement that took place over a period of time that…

Q: a. In the country of Estanbalu, there are plans to cease international trade. You are assigned asan…

A: The notions of exchange and specialization are key in economics, illustrating the advantages of…

Q: You own a company in a country in which the state has total control over your company’s resources.…

A: There are business cycles which have to be known by the business management. There are two main…

Q: NAFTA is a trade agreement between North American countries. O True O False

A: Free Trade Agreement(FTA) was established for a fair set of rules for trade between the agreeing…