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Which fact should a company opening its operations in the US state of Louisiana note?
Which fact should a company opening its operations in the U.S. state of Louisiana note? The state has a mixed law system. The state of Louisiana follows a mix of both the civil and common law system, whereas the U.S. on the whole follows a common law system.
Which benefit will sure start gain from opening the factory in Vietnam?
Which benefit will Sure Start gain from opening the factory in Vietnam? They will achieve economies of scale in the production of rechargeable batteries.
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How has NAFTA affected the manufacturing sector in Mexico quizlet?
NAFTA gave a major boost to Mexican farm exports to the United States, which have tripled since NAFTA’s implementation. Hundreds of thousands of auto manufacturing jobs have also been created in the country, and most studies have found that the pact had a positive impact on Mexican productivity and consumer prices.
Which effect does a command economy have on the process of globalization?
What effect does a command economy have on the process of globalization? The economy is competitive, so the globalization process will be slowed. The government is less flexible, so the globalization process is challenged.
What is a benefit of the rapid fall in prices of digital IT equipment and services?
What is a benefit of the rapid fall in prices of digital IT equipment and services? Cheaper digital IT equipment is more affordable to citizens of developing countries and can bridge the global digital divide.
Which advantage will the company gain over other Chinese furniture companies if it becomes a multinational business through foreign direct investment?
Which advantage will the company gain over other Chinese furniture companies if it becomes a multinational business through foreign direct investment? It will be able to avoid the tariffs that host countries have placed on furniture imports.
What are the benefits of doing business in Vietnam?
- Growing economy. …
- Developing infrastructure. …
- Manufacturing. …
- Ease of doing business. …
- Foreign ownership regulations. …
- Lengthy registration process. …
- Remains a developing country.
See some more details on the topic Which economic benefit will result in the company’s decision to move operations to the US or Mexico? here:
D080 Flashcards | Quizlet
Which economic benefit will result in the company’s decision to move operations to the U.S. or Mexico? Eliminating tariffs and duties.
NAFTA and the USMCA: Weighing the Impact of North …
By contributing to the development of cross-border supply chains, NAFTA lowered costs, increased productivity, and improved U.S. competitiveness …
Chapter 3: Trade Agreements and Economic Theory – Wilson …
If the United States’ trade partner reduces barriers as a result of a trade agreement, U.S. exports will likely increase, which expands U.S. production and GDP.
Mexico Economic Outlook | Deloitte Insights
We forecast a GDP growth of 3.0% in 2022 versus 5.8% this year (figure 2). However, we acknowledge that lingering industrial concerns mentioned …
Which advantage to hedging risk occurs in preparation for the purchase of equipment for France?
Which advantage to hedging risk occurs in preparation for the purchase of equipment for France? Correct! Currency swap contracts allow a company to guarantee the currency rates for a buy-and-sell transaction on two separate dates, which locks in the currency exchange rates for both transactions.
Which component of training by the Human Resource Department will help Carl Spith and Kim Arkle understand the norms of Vietnam and Germany?
All hiring decisions will be made in the international locations using policies and procedures applicable to those markets without home office oversight. Which component of training by the human resource department will save Carl Spith and Kim Arkle understand the norms of Vietnam and Germany? —Goal setting.
How did NAFTA benefit the U.S. economy?
NAFTA went into effect in 1994 to boost trade, eliminate barriers, and reduce tariffs on imports and exports between Canada, the United States, and Mexico. According to the Trump administration, NAFTA has led to trade deficits, factory closures, and job losses for the U.S.
What is NAFTA and how has it affected the Mexican economy?
NAFTA undoubtedly had a significant impact on the macroeconomic environment facing Mexico, given the decline in trade barriers and increased market access that the agreement provided Mexico. The key provisions of NAFTA and changes in trade barriers between the member countries are documented in Section II.
What have been the benefits of NAFTA?
NAFTA boosted trade by eliminating all tariffs among the three countries. It also created agreements on international rights for business investors. That reduced the cost of commerce. It spurs investment and growth, especially for small businesses.
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What are the potential benefits of moving from a command economy to a market based system?
What are the potential benefits of moving from a command economy to a market-based system? The benefits include higher quality goods, better pricing, efficient allocation of resources, the ability to produce and sell what you want, and rewards for taking risks in the form of profits.
What are the main benefits of a market economy?
A market economy promotes free competition among market participants. Notable benefits of a market economy are increased efficiency, production, and innovation.
Who makes economic decisions in a market economy?
Most economic decisions are made by buyers and sellers, not the government. A competitive market economy promotes the efficient use of its resources. It is a self-regulating and self-adjusting economy.
Which would a mercantilist value the most?
What would a mercantilist value the most? Correct! Mercantilists wanted to help a nation gain trade surplus by encouraging exports and limiting imports. You just studied 72 terms!
What globalization means?
Globalization is the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
Which of the following best defines national competitive advantage?
Which of the following best defines national competitive advantage? It is the extent to which a country can compete in international markets.
What is a benefit for making a foreign direct investment FDI )?
FDI boosts the manufacturing and services sector which results in the creation of jobs and helps to reduce unemployment rates in the country. Increased employment translates to higher incomes and equips the population with more buying powers, boosting the overall economy of a country.
How does the US benefit from the foreign investment from Chinese companies?
It supports US jobs.
While expanding foreign trade can disrupt US employment, trade with China also creates and supports a significant number of American jobs. Exports to China support nearly 900,000 US jobs, and Chinese companies invested in the United States employ over 160,000 workers.
How has FDI benefited China?
Most of the factors explaining China’s success have also been important in attracting FDI to other countries: market size, labor costs, quality of infrastructure, and government policies. FDI has contributed to higher investment and productivity growth, and has created jobs and a dynamic export sector.
Why companies are going to Vietnam?
The government provides strategic direction and decides on all major policy issues. Further, Vietnam has set up several industrial zones that are popular with foreign investors due to their competitive facilities, infrastructure, government incentives, and logistics.
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How important are Vietnamese entrepreneurs to its economy?
On the economic development front, Vietnamese entrepreneurs are playing perhaps the most important role today, especially in realising the objective to transform Việt Nam into a modern industrial country by 2030 and a developed country by 2045.
Why do investors invest in Vietnam?
Vietnam offers favorable conditions for foreign investors for numerous reasons: Strategic location, ample workforce with competitive labor costs, and a relatively open environment for FDI to only name a few.
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