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All of the following are benefits of international business except
a highly educated population
a limit on the number of foreign automobiles a country allows to be imported
domestic business
decreased competition
all of the above
absolute advantage
limited resources are used to satisfy unlimited wants and needs
buildings, money, and equipment
Economics is the study of how
a highly educated population
a limit on the number of foreign automobiles a country allows to be imported
domestic business
decreased competition
all of the above
absolute advantage
limited resources are used to satisfy unlimited wants and needs
buildings, money, and equipment
South Africa has a large percentage of the world's diamond deposits. This is an example of
a highly educated population
a limit on the number of foreign automobiles a country allows to be imported
domestic business
decreased competition
all of the above
absolute advantage
limited resources are used to satisfy unlimited wants and needs
buildings, money, and equipment
Of the following characteristics, a less-developed country is least likely to have
a highly educated population
a limit on the number of foreign automobiles a country allows to be imported
domestic business
decreased competition
all of the above
absolute advantage
limited resources are used to satisfy unlimited wants and needs
buildings, money, and equipment
Capital resources include
a highly educated population
a limit on the number of foreign automobiles a country allows to be imported
domestic business
decreased competition
all of the above
absolute advantage
limited resources are used to satisfy unlimited wants and needs
buildings, money, and equipment
An example of a trade barrier would be
a highly educated population
a limit on the number of foreign automobiles a country allows to be imported
domestic business
decreased competition
all of the above
absolute advantage
limited resources are used to satisfy unlimited wants and needs
buildings, money, and equipment
A global dependency exists when
a highly educated population
a limit on the number of foreign automobiles a country allows to be imported
domestic business
decreased competition
all of the above
absolute advantage
limited resources are used to satisfy unlimited wants and needs
buildings, money, and equipment
Business activities that occur within one country are called
a highly educated population
a limit on the number of foreign automobiles a country allows to be imported
domestic business
decreased competition
all of the above
absolute advantage
limited resources are used to satisfy unlimited wants and needs
buildings, money, and equipment
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