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1 July, 03:17

Economic leverage occurs when a business uses it economic power to:

Hire lobbyists to gain a desired political action.

Pay for the costs of regulation to acquire a desired political action.

Threaten to leave a location unless a desired political action is taken.

Buyout another firm to acquire a desired political action.

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Answers (1)
  1. 1 July, 05:21
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    Answer:Threaten to leave a location unless a desired political action is taken.

    Explanation: Economic Leverage is a term used to describe the situation where an organization uses its Economic power to gain certain economic advantage over other stakeholders.

    An Economic Leverage can occur when an economic power in a country threatens to leave a country Because it wants to gain certain economic advantage from the Government and other Regulatory bodies.
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