Ask Question
BusinessBusiness
25 September, 20:50

Country X, a poor country, invents a revolutionary electronic product. The country markets this new product in other poor countries to garner large profits. This occurrence is against the idea of?

+3
Answers (1)
  1. 26 September, 00:01
    0
    Free trade

    Explanation:

    Correct word for the given statement is free trade

    The hypothesis competitive advantage recommends that exchange is a positive-sum game in which all nations that take part acknowledge monetary increases. In that capacity, this hypothesis gives a solid method of reasoning to empowering organized commerce.

    The approach doesn't limit imports or fares; it can likewise be comprehended as the free market thought applied to worldwide exchange.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Country X, a poor country, invents a revolutionary electronic product. The country markets this new product in other poor countries to ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Scarcity means that there is less of a good or resource available than people wish to have a. True b. False
Answers (1)
Which two technological or cultural advancement did the Assyrians borrow from the Hittites
Answers (1)
One of the goals of value-based marketing is a. to sell to all consumers, regardless of their needs. b. to provide the greatest value for the least profit. c. to sell products for the highest possible price. d. to determine the value of the brand. e.
Answers (1)
Sue Peters is the controller at Vroom, a car dealership. Dale Miller recently has been hired as bookkeeper.
Answers (1)
Cinder Company had the following department information for the month: Total materials costs $ 60,000 Equivalent units of materials 10,000 Total conversion costs $90,000 Equivalent units of conversion costs 20,000 How much is the total manufacturing
Answers (1)
New Questions in Business
One widespread trend under way in business today that will affect the goals of the organization you work for is: Select one: a. social intelligence b. new media adaptations c. an increased focus on ethical and socially responsible behavior d.
Answers (1)
A high-profile consulting company chooses its new entry-level employees from a pool of recent college graduates using a five-step interview process.
Answers (1)
Suppose the nominal annual interest rate on a two year loan is 8 percent and lenders expect inflation to be 5 percent in each of the two years. the annual real rate of interest is
Answers (1)
The producer of a downloadable antivirus software program spends exactly $2,650,000 producing the first copy and incurring various costs required to make the software "user-friendly.
Answers (1)
Which of the following items could be painted in a dark color to be on trend in 2020?
Answers (2)
Home » Business » Country X, a poor country, invents a revolutionary electronic product. The country markets this new product in other poor countries to garner large profits. This occurrence is against the idea of?
Sign Up Forgot Password?