Non fiscal barriers trade Study guides, Revision notes & Summaries

What are some examples of economic globalisation since the late 20th century? - ANSWER-- Trade in goods and services - Foreign direct investment i.e. firms outsourcing production overseas - multinational and transnational companies - Foreign portfolio investment i.e. trading of shares & bonds across national boundaries, development of global financial 'centres' e.g. City of London - Hot money flows - moving money balances overseas e.g. for tax avoidance, or to pursue higher interest rates ...

EDEXCEL IGCSE Business Studies, latest updated Above-the-line promotion Placing adverts using the media. Acid test ratio Similar to the current ratio but excludes stocks from current assets. Sometimes called the quick ratio. Advertising Communication between a business and its customers whereby messages are placed in the media to encourage the purchase of products. Agent or broker An intermediary that brings together buyers and sellers. Anti-competitive practices...

Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Fcebook Live - CORRECT ANSWER Video streaming through facebook. CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages,...

Views on Globalization - Correct answer-New, Evolutionary, and Pendulum "New" view on globalization - Correct answer-A force sweeping through the world in recent times. "Evolutionary" view on globalization - Correct answer-A long-run historical evolution since the dawn of human history "Pendulum" view on globalization - Correct answer-One that swings from one extreme to another from time to time Foreign Direct Investment - Correct answer-Direct investment in, control, and managemen...

WGU C211 OA Global Economics Exam /C211 Global Economics FINAL EXAM 2023 GRADED A+ (CERTIFIED) All Questions Answered Correctly (Verified Answers) 1. How does oligopoly represent a prisoner's dilemma? a) every game presents zero-sum alternatives b) beneficial for both to avoid cooperation c) it depends the difficulty in maintaining cooperation's agreement d) strategic decisions faced by decision mirror those firms face in competitive agreement 2. What is used to measure the opportunit...

Absolute advantage - When a country's output of a product per unit of input is greater than that of any other country. Absolute poverty - When a person does not have the income or wealth to fulfil their basic needs. Aggregate Demand (AD) - The total demand/spending in an economy at a given price level over a given period of time. Made up of consumption, investment, government spending and net external demand. Aggregate Supply (AS) - The total amount of goods and services that can be supp...

Consumer Surplus - ANSWER-The benefit from trade. It is the difference between the price paid and the Willingness To Pay. Who receives consumer surplus? - ANSWER-The Consumer In relation to the demand curve and price, how is consumer surplus measured? - ANSWER-Consumer surplus is found above the price and below the demand curve. Producer Surplus - ANSWER-The benefit from trade to the producer. It is equal to the difference between the marginal cost of production and the price. Produc...

NHA Line of Service Exam 162 Questions with Verified Answers A facility which takes care of patients who do not require skilled nursing: 1.Continuing Care Retirement Facilities 2.Skilled Nursing Facility 3.Intermediate Care Facilities 4.Assisted Living Facilities - CORRECT ANSWER 3.Intermediate Care Facilities A medication that is used to treat pain: 1.Analgesic 2.Antiseptic 3.Anticoagulant 4.Antibiotic - CORRECT ANSWER 1.Analgesic Which of the following is not an appropri...

Consumer Surplus - ANSWER The benefit from trade. It is the difference between the price paid and the Willingness To Pay. Who receives consumer surplus? - ANSWER The Consumer In relation to the demand curve and price, how is consumer surplus measured? - ANSWER Consumer surplus is found above the price and below the demand curve. Producer Surplus - ANSWER The benefit from trade to the producer. It is equal to the difference between the marginal cost of production and the price. Produc...

INTERNATIONAL BUSINESS CHAPTER 9 EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ Regional economic integration Correct Answer: agreements between countries in a geographic region to reduce tariff and non-tariff barriers to the free flow of goods, services, and factors of production between each other Is regional economic integration a good thing? Correct Answer: There is some concern that the world is moving toward a situation in which a number of regional trade...