One of the strategy options for entering foreign markets is to license foreign firms to produce and distribute the company's products abroad.
Licensing foreign firms to produce and distribute a company's products abroad is a strategy option for entering foreign markets. This involves granting permission to a foreign firm to use the company's intellectual property, such as trademarks, patents, and know-how, in exchange for royalties or fees. The steps involved in this strategy are as follows:
1. Research and identify potential foreign partners: Conduct market research to identify potential foreign firms that have the necessary resources, capabilities, and market presence to effectively produce and distribute the company's products.
2. Evaluate potential partners: Assess the credibility, reputation, and financial stability of potential partners to ensure they are capable of fulfilling their obligations under the license agreement.
3. Negotiate the license agreement: Define the terms and conditions of the license agreement, including the scope of the license, duration, royalty or fee structure, quality control measures, and any exclusivity clauses.
4. Train and support the licensee: Provide training and technical assistance to the licensee to ensure they are capable of producing and distributing the company's products according to the required quality standards.
5. Monitor and enforce the agreement: Regularly monitor the licensee's performance to ensure compliance with the license agreement. Take necessary actions to enforce the agreement if any breaches occur.
6. Review and renew the agreement: Periodically review the performance of the licensee and the market conditions to determine whether to renew or terminate the license agreement.
By licensing foreign firms, companies can leverage the local knowledge, resources, and distribution networks of the licensees to enter foreign markets quickly and at a lower cost compared to establishing their own operations abroad.
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What is the balance on an amortized loan of $340,000 after the first payment if the interest rate is 6% with a monthly P
Answer:
I think it would be $339,672.00 but not positive
Explanation:
Write any five methods of getting information of foreign employment and discuss any one of them.
Answer:
May it will help you
Explanation:
1) Notice board
2) Book of introduction
3) Institutions work working under the ministry of labour
4) Authority of human resources
5) Manifestos of training institutions
6)Web site
7) Newspapers
8) Public meeting :the manpower company, training institutions and institutions of public counseling are working in the field of foreign employment in nepal.
They come to the direct or indirect contact of people through various programmes of interaction, seminar, and meeting.
9)Radio and television
Foreign employment getting information through Notice board, Book of introduction, Authority of human resources, Web site, and Newspapers.
Who is Foreign employment?
Public meeting: When the manpower company, training institutions, and institutions of public counseling are working in the field of foreign employment in Nepal.
Although, They come to direct or indirect contact with people through various programs of interaction, seminars, and meetings.
Also, Foreign employment getting information through Institutions work working under the ministry of labor, Manifestos of training institutions, Radio, and television
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One criticism of both the product cost percentage and contribution margin methods used for determining menu prices is that both are based primarily on the cost of food (or beverages) and ignore the cost of labor. In many foodservice operations, however, the cost of labor equals or even exceeds the cost of food and beverages. Do you foresee the cost of labor playing an increasing role in the calculation of menu prices? Explain your answer.
Yes, As the cost of labour continues to increase, it is likely that it will play an increasing role in determining menu prices is the answer.
The pr
oduct cost percentage and contribution margin methods are two methods used for determining menu prices. However, one criticism of these methods is that they ignore the cost of labour. In many food service operations, the cost of labor is equal to or exceeds the cost of food and beverages. In this context, it is important to note that the cost of labour is an integral part of determining menu prices. The cost of labor is a key driver of food service operations. As such, it is likely to play an increasing role in the calculation of menu prices in the future. The cost of labor includes wages and salaries, employee benefits, and payroll taxes. These costs are essential for running a food service operation and need to be accounted for in the menu pricing process. Failure to account for the cost of labour can lead to inaccurate menu prices and lower profitability for the operation. In conclusion, it is important to consider the cost of labor in the menu pricing process. As the cost of labour continues to increase, it is likely that it will play an increasing role in determining menu prices.
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Comentario sobre el Artículo 655 del Comercio en Guatemala
Answer:
what is ur question Imao
Explanation:
which of the following taxpayers is not eligible for an economic impact payment in 2021? a.ava, a married taxpayer that had a child in 2021. her joint agi in 2021 was $76,000. b.blake, a single taxpayer with income of $12,000 and is claimed as a dependent. c.savannah, a married taxpayer with no children, and has agi of $75,000 in 2021. d.kaylee, a 24-year old single individual (not a dependent) who did not file a tax return in either 2019 or 2020 as her income was below the filing threshold.
Based on the eligibility requirements for the economic impact payment in 2021, the taxpayer who is not eligible for the payment is:
b. Blake, a single taxpayer with an income of $12,000 and is claimed as a dependent.
What is your responsibility as a taxpayer?As a taxpayer, your primary responsibility is to comply with the tax laws and regulations of your country or jurisdiction and to timely file and pay your taxes. This includes:
Keeping accurate and complete records of your income, expenses, and deductions.Filing your tax returns on time and accurately reporting your income and deductions.Paying your taxes on time and in full, including estimated taxes if required.Cooperating with tax authorities if you are selected for an audit or investigation.Seeking professional advice if you have questions or concerns about your tax situation.Reporting any errors or discrepancies on your tax return to tax authorities as soon as possible.To learn more about taxpayers, click
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Danica is a sales professional who is assigned accounts after first sales are closed. Her job is to remain in contact with the customers, develop their business relationships, and look for new sales opportunities from the needs of those customers. Which type of sales professional is Danica?
Question 2 options:
missionary seller
technical seller
sales farmer
sales hunter
Danica is a technical seller.
What is a technical seller?
The Technical Sales Representative will act as a liaison between the company deals platoon and guests, furnishing information, service, conservation, and repairs related to bought equipment. As a specialized deals representative, it's important to have interpersonal chops, problem-working chops, product knowledge, the capability to accept rejection, and the capability to work with a deals platoon. Specialized deals directors have some of the loftiest paid specialized deals jobs; according to Payscale, these directors earned a normal of$,000 and a normal of$,150 in 2022, and educated professionals in this part earned a normal of roughly$,000. Specialized salesmen must ask questions in order to determine those requirements. For illustration, a computer salesman might ask what a client intends to do with the computer. However, the salesman knows that he should try to vend an important computer If the client plans to use the computer for videotape editing.
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Identity theft may
1. lower credit interest
2. reduce credit balances
3. affect the credit score
4. cancel debt-to-credit ratio
Identity theft may affect the credit score.
Alicia has been working for JMM Corp. for 32 years. Alicia participates in JMM’s defined benefit plan. Under the plan, for every year of service for JMM she is to receive 2 percent of the average salary of her three highest years of compensation from JMM. She retired on January 1, 2019. Before retirement, her annual salary was $570,000, $600,000, and $630,000 for 2016, 2017, and 2018. What is the maximum benefit Alicia can receive in 2019?
Answer:
$225,000
Explanation:
Alicia's total benefits = (2% x 32 years) x [($570,000 + $600,000 + $630,000) / 3] = 64% x $600,000 = $384,000
but Alicia will not be able to receive the full amount in 2019 since the IRS limits the maximum annual compensation received from a defined benefit plan to $225,000 (for 2019, it increased to $230,000 for 2020 and 2021). So Alicia would only receive $225,000 during 2019.
natalie inherited land from her uncle josh, who died january 3, year 4. the basis to josh was $1,000,000 and the value on january 3, year 4, was $7,200,000. on july 3, year 4, the value was $7,600,000. when the land was distributed to natalie on june 3, year 4, the value was $7,400,000. this land was josh's entire estate. natalie's basis for the land is:
Natalie's basis for the inherited land from her uncle Josh would be the fair market value (FMV) of the land on the date of Josh's death, which was January 3, year 4, which is $7,200,000. This is because the basis of inherited property is generally the FMV at the date of the decedent's death.
However, if Natalie sells the land for more than the FMV at the time of Josh's death, she would have to pay capital gains tax on the difference between the FMV at the time of Josh's death and the selling price. If she sells it for less than the FMV at the time of Josh's death, she would have a capital loss.
It's important to note that the FMV increased to $7,400,000 by the time Natalie received the land, but this does not affect her basis for the property.
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Required information Skip to question [The following information applies to the questions displayed below.] The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order costing system. April 30 May 31 Inventories Raw materials $ 43,000 $ 52,000 Work in process 10,200 21,300 Finished goods 63,000 35,600 Activities and information for May Raw materials purchases (paid with cash) 210,000 Factory payroll (paid with cash) 345,000 Factory overhead Indirect materials 15,000 Indirect labor 80,000 Other overhead costs 120,000 Sales (received in cash) 1,400,000 Predetermined overhead rate based on direct labor cost 70 % Incurred other overhead costs (record credit to Other Accounts). Application of overhead to work in process. Prepare journal entries for the above transactions for the month of May.
The Lock-Tite Company produces special-order security products and uses a job order costing system.
The following information is available for Lock-Tite Company which includes the following data:April 30 May 31 InventoriesRaw materials $ 43,000 $ 52,000Work in process 10,200 21,300Finished goods 63,000 35,600Activities and information for MayRaw materials purchases (paid with cash) 210,000Factory payroll (paid with cash) 345,000Factory overheadIndirect materials 15,000Indirect labor 80,000Other overhead costs 120,000Sales (received in cash) 1,400,000Predetermined overhead rate based on direct labor cost 70 % Incurred other overhead costs (record credit to Other Accounts). Application of overhead to work in process. Prepare journal entries for the above transactions for the month of May.
The journal entries for the above transactions for the month of May are as follows:Raw Material Purchases:DateAccount Title and ExplanationDebitCreditMay-31Raw materials52,000Accounts Payable52,000(To record raw materials purchased on account)Factory Payroll:DateAccount Title and ExplanationDebitCreditMay-31Factory Payroll345,000Cash345,000(To record factory payroll paid in cash)Indirect Materials:DateAccount Title and ExplanationDebitCreditMay-31Factory Overhead15,000Accounts Payable15,000(To record indirect materials purchased on account)Indirect Labor:DateAccount Title and ExplanationDebitCreditMay-31Factory Overhead80,000Cash80,000(To record indirect labor paid in cash)Other Overhead Costs:DateAccount Title and ExplanationDebitCreditMay-31Factory Overhead120,000Accounts Payable120,000(To record other overhead costs incurred on account)Application of Overhead to WIP:DateAccount Title and ExplanationDebitCreditMay-31Work in Process35,100Manufacturing Overhead35,100(To apply manufacturing overhead to WIP) Sales:DateAccount Title and ExplanationDebitCreditMay-31Cash1,400,000Sales Revenue1,400,000(To record sales in cash).
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Many performers, like singers, actors, and athletes, get paid large amounts of money. Do you think they earn these amounts or should they get paid less? Why?
Answer:
No, I don't because they put in a lot of hard work.
Explanation:
three people in business meeting you hire an experienced pet industry executive to consult with you both throughout the process. in your first meeting, she presents you with an initial market analysis and trend report. the first decision you need to make is what type of retail format you think will be best for your new venture. click here to access the full report.
The correct answer is a). This is the initial market analysis.
Your customer hires pet industry consultants and may assume your business is related to pets. The market analysis and trend report shows how much the pet supply store earns per month/year.
The customer is opening their first store and does not want to open a supermarket right away. Unknown to many, it is made to open its own shop.
Category killer stores are like franchises and chain stores. For example, Home His Depot or His PetSmart. Customers don't want this either. Because it takes a lot of capital and a long process to achieve.
A customer wants to go to a Superstore, build a customer base, and focus on the products they want to offer to new customers. A specialty store that attracts the target customer base. Specialty stores have items not found in larger stores and may also stock homemade items.
The question is incomplete, the complete question is with given options :
a. Superstore (general merchandise discount store)
b. Specialty store
c. Category killer
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Which of the following is an example of cross-training?
A. A graphic designer is taking classes in project management and
finance to improve her skills in those areas.
B. An experienced pilot mentors newer pilots on their flying skills.
C. A business produces more goods than their competitors because
they can do it at a lower cost.
D. A contractor focuses solely on heating and air conditioning
repairs.
Answer: A. A graphic designer is taking classes in project management and finance to improve her skills in those areas.
Explanation: just took the quiz :)
A graphic designer is taking classes in project management and finance to improve her skills in those areas is an example of cross-training. Thus, option A is correct.
What is cross-training?Cross-training is the technique of preparing an individual for labor that isn't directly related to his core specific position, but is instead performed by some other individual.
This means that there will be some people who will be trying to achieve expertise in different areas.
The example where the main job of the graphic designer is to visualize some art and represent it, but the person is taking management classes as well as finance classes that mean that he is in a position of cross-training where is learning about management and to develop a base in the finance. Therefore, option A is the correct option.
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2. Remodel the outpatient recovery rooms so that some of the Phase II space could be used for Phase I recovery. This would cost $2,000 per day and enable the outpatient surgery center to perform 40 surgeries per day. They would then send 20 patients to the hospital's regular operating rooms.
Answer:
Hello your question has some missing information attached below is the missing part
University Hospital has two separate units that are part of the hospital but are two separate facilities. The first is the main hospital that performs emergency room functions, surgeries, and recovery. Separate from the main hospital is an outpatient surgery center. In an effort to control costs, some of the patients that need minor surgeries are routed to the outpatient surgery center. The outpatient surgery center treats patients in three activity centers: (1) Surgery, (2) Phase I recovery, where patients recover while the patients are still asleep, (3) Phase II recovery, where patients recover while they are awake. Phase II recovery ends when the patients go home. Daily capacities and production levels are as follows.
surgery phase i recovery phase ii recovery
Daily Capacity (surgeries) 40 30 60
Daily Production (surgeries) 30 30 30
The hospital receives an average of $1,000 per surgery. (The surgeon’s fee and the anesthesiologist’s fee are billed separately.) The variable cost per surgery is $300. There is sufficient demand for surgeries that the hospital could perform 60 surgeries per day. Surgeries not performed by the outpatient surgery center are sent to the main hospital’s regular surgery rooms. The variable cost per surgery for regular surgery in the main hospital is $700, while the hospital still receives $1,000 per surgery. The hospital management is considering the following alternatives:
answer : $32000
Explanation:
When we remodel the problem we have to make two(2) calculations
Outpatient surgery center
Revenue from surgery = 40 * $1000 = $40000
variable cost per surgery = 40 * $300 = $12000
contribution = ( revenue - variable cost ) = $28000
cost incurred = $2000
Total = contribution - cost incurred = $26000
Regular surgery room
Revenue form surgery = 20 * $1000 = $20000
Variable cost per surgery = 20*$700 = $14000
contribution = ( revenue - variable cost ) = $6000
Therefore the Total income made by remodeling the outpatient recovery
= $26000 + $6000
= $32000
An amount of cash kept on hand and used for making small payments is called a. revenue. b. cash. c. petty cash. d. prepaid interest. e. none of these answers
Petty cash is a small amount of cash kept on hand by a business for making small, everyday purchases. It is an important tool for managing cash flow and keeping accurate records of small transactions.
Petty cash refers to a small amount of money that a business keeps on hand to make small, everyday purchases such as office supplies, postage, or other incidental expenses. It is an important tool for managing cash flow and keeping accurate records of small transactions.
When a company establishes a petty cash fund, a specific amount of money is allocated for the fund and is then held in a secure location. A designated employee, often an office manager or accountant, is responsible for managing the petty cash fund and recording all expenditures made from it.
To ensure that the petty cash fund remains accurate and secure, businesses will typically establish a set of policies and procedures for its use. For example, employees may be required to submit receipts for any purchases made from the petty cash fund, and the petty cash account may be subject to regular audits.
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a hospital administrator makes a decision to shut down a wing due to budget cuts even though some people will lose their jobs. the decision is based on results that will produce the greatest balance of good over evil, everyone considered. what type of framework is the administrator employing to make this value decision?
Act-utilitarianism type of framework is the administrator employing to make this value decision.
What is an employee?A worker or manager who works for a business, group, or community is referred to as an employee. The organization's personnel consists of these people. There are various types of employees but in general.
Act utilitarianism holds that a deed is morally justified if and only if it contributes to the greater good at least as much as any alternative deed that the agent could have done. To put it another way, an agent always behaves correctly if she maximizes general well-being, and incorrectly if she does not.
Therefore, The framework and the administrator employing the decision were Act-utilitarianism
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what other costs of ownership do you need to factor in when thinking about your vehicle costs?
Any vehicle's one-time costs include the purchase price, registration charge, and sales tax, among others. Regular expenses include things like depreciation, insurance, regular maintenance, and fuel. Emergency charges include expenses for things like towing and repairs.
The sum paid by the buyer to purchase a car is known as the on-road cost. The net on-road price of the car, as determined by the car dealer after all reductions, is the purchase cost, also known as the upfront cost of buying a car. After purchasing a car, you could feel the need to make some additional installations to enhance its appearance and functionality. These upgrades could be made to the audio system, new body kits and alloy wheels, inside and back décor, or any combination of these.
The cost of fuel is one of the essential costs a car owner must cover while owning a vehicle.
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Which statements best explains how globalization offers an advantage to businesses
Answer:
Hello here's the answer!
Explanation:
A
C
D
E
your welcome! Brainliest if you liked the answer!
100 point question + brainliest
Mike Oxmore has 69 apples, Moe Lester has 420, what is the mass of the sun?
Answer:
The mass of the sun is - 1.989 x 10 30 kilograms
Also, 69 + 420= 489
Explanation:
Hope this helps?
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Gus receives a paycheck at the end of every week. Which reinforcement schedule is this?.
Fixed-interval schedule, Gus gets paid every week at the end of the workweek.
What is reinforcement schedule?
A "reinforcement schedule" is essentially a guideline that specifies which behaviors will be rewarded. Fixed-Ratio, Fixed Interval, Variable-Ratio, and Variable-Interval schedules are among the four categories.
Reinforcement becomes accessible according to a fixed-interval schedule after a predetermined amount of time.
This schedule results in higher response levels at the end of the interval but lower response levels just after the reinforcer is given.
As a result, in this case reinforcement schedule is fixed interval schedule.
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IN REVIEWING CLIENT BILLING, YOU DISCOVERED MANY ENTRIES FOR WORK WHICH YOU KNOW WAS NOT DONE.
RULE/CANON:
VIOLATION AND CORRECTION:
USING FEDERAL RULES OF CIVIL PROCEDURE:
IN COMPUTING TIME UNDER FEDERAL RULES, HOW MANY DAYS MAY BE ADDED FOR DOCUMENTS SERVED BY MAIL?
In reviewing client billing, you discovered many entries for violation and correction work which you know was not done.
As part of the client-server architecture of computer networks, a client is any hardware or software component of a computer that uses a server to access a service that the server has made accessible. The client usually connects to the service over a network when the server is located on another computer system. a client is someone who has registered with, is getting services from, or is receiving financial help from, a welfare agency. computer software or a workstation that communicates with a server to seek data or information A client is a specific kind of customer that gets professional services from a business, whereas a customer is anybody who makes a purchase from a firm, whether it be of goods or services. Customers often purchase items, whereas clients typically procure guidance and remedies.
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The following information is related to December 31, 2016 balances.
Accounts receivable $3,150,000
Allowance for doubtful accounts (credit) (270,000)
Cash realizable value $2,880,000
During 2017 sales on account were $870,000 and collections on account were $516,000. Also in 2017, the company wrote off $48,000 in uncollectible accounts. An analysis of outstanding receivable accounts at year-end indicated that bad debts should be estimated at $324,000.
Bad debt expense for 2017 is:
a. $102,000.
b. $54,000.
c. $324,000.
d. $6,000.
We must analyze the information supplied in order to compute the bad debt expense for 2017. The allowance for doubtful accounts has a starting balance of ($270,000), and the year-end estimate of bad debts is $324,000. This represents a $594,000 increase in the allowance over the course of the year.
To calculate the bad debt expense, we must first compute the net increase in the allowance after accounting for collections and write-offs.
Net Allowance Increase = Beginning Allowance Balance + Bad Debts Written Off - Year-End Bad Debt Estimate
Allowance Increase = ($270,000) + ($48,000) - ($324,000)
Allowance Increase = ($594,000)
We do know, however, that the bad debt expense equals the net rise in the allowance for doubtful accounts.
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DECA is a CTSO for:
A. Blue-collar Workers
B. Maintenance Workers
C. Fashion Students
D. Marketing Students
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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A state agency has recently removed the certification and training requirements for hairdressers in the state. What is likely to happen in the labor market for hairdressers?.
In order to reduce the rates paid to hairdressers and affect the labor market for hairdressers, a state agency recently abolished the certification and training criteria for hairdressers in the state.
What is labor market?The supply and demand of labor, wherein employees give the supply and employers provide the demand, are referred to as the labor market. It is important to consider the labor market from both a macroeconomic and microeconomic perspective. Two crucial macroeconomic indicators are labor productivity rates and unemployment rates. Understanding the operation and dynamics of the markets for wage labor is the goal of labor economics, sometimes known as labor economics. The commodity of labor is provided by workers, typically in return for a wage demanded by employers.
What is the importance of labor market and what are the features of it?Since job status is one of the primary factors of escaping poverty, labor markets play a crucial role in determining economic and social progress in developing nations. Having a respectable, well-paying, and secure work is ultimately the most long-term way to raise wages and consumption levels.
The nation's economic need for labor resources is balanced by the labor market with the nation's ability to supply those needs. In theory, all markets are covered by its self-regulation process. Price, supply, and demand make up the three fundamental parts of this system.
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Which of the following statements is not true of cash advances?
a.
Credit card companies offer easy access to cash through ATM's or checks that can be written
to yourself and cashed.
D.
Credit card companies apply payments to cash advance balances first because the interest is
higher.
C.
The APR of a cash advance is higher than that of regular credit card purchases.
d
Credit card companies place limits on the amount of cash you can receive through a cash
advance.
Answer:
The statement "Credit card companies apply payments to cash advance balances first because the interest is higher" is not necessarily true.
Explanation:
Some credit card companies may apply payments to cash advances first, but others apply payments to the balances with the highest interest rate first. It is important to review the terms and conditions of your credit card agreement to determine how payments are applied to different types of balances.
Pappy sent an identical instant message to two members of his team about the deadline for a report. One recipient felt Pappy was criticizing him and anticipating that he would miss the deadline. The other recipient appreciated the reminder and was grateful for Pappy's organizational skills.
Required:
What is the best option for Pappy in order to avoid future misinterpretation of his instant messages?
the british pound has weakened against the u.s. dollar. other things equal, the british people will tend to: group of answer choices buy fewer u.s. goods buy more u.s. goods buy the same amount of u.s. goods buy a fluctuating amount of u.s. goods
Given the statement that the British Pound has weakened against the US Dollar, it implies that the British Pound now buys fewer US Dollars (USD).
Other things being equal, the British people will tend to buy fewer US goods (that is, less USD to buy those goods) if the British Pound is weakened against the USD.The statement above is an example of a currency depreciation. It means that the price of the pound has fallen relative to the US dollar. When this happens, the British people will require more pounds to purchase the same amount of US goods they used to buy with fewer pounds.
The decrease in value of the pound could make the price of US goods in the UK more expensive, and as such, the British people will have less purchasing power to buy US goods because they will need to spend more of their money to get US goods. Hence, they will tend to buy fewer US goods.
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write the necessary steps that need to be followed in maketing
which are considered types of credit availablesto borrowers?check all that apply
Answer:
choices?
Explanation: