Which of the following could reduce economic efficiency? (Points : 1) laws that encourage lawsuits. policies that redistribute income policies that impose significant restrictions on international trade All of the above are correct 8. In a particular country in 1998‚ the average worker needed to work 25 hours to produce 40 units of output. In that same country in 2008‚ the average worker needed to work 40 hours to produce 68
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Week 5 Discussion 1 I chose to talk about the growing compensation inequity between executive management and the average employee threatens to destabilize organizational and morale and societal justice. I think that it is dissappointing when it comes to how much an executive managers’ salary is versus what the average employees’ salary is. I get that some people should be paid well if they are the owners of the company or if they are the person that has developed the company but other than that
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EMPIRICAL ANALYSIS OF THE IMPACT OF TRADE ON ECONOMIC GROWTH IN NIGERIA AN EMPIRICAL ANALYSIS OF THE IMPACT OF TRADE ON ECONOMIC GROWTH IN NIGERIA MIKE I. OBADAN DEPARTMENT OF ECONOMICS AND STATISTICS UNIVERSITY OF BENIN BENIN CITY AND OKOJIE‚ I. ELIZABETH DEPARTMENT OF ECONOMICS AND STATISTICS UNIVERSITY OF BENIN BENIN CITY ABSTRACT Many economists generally agree that openness to international trade accelerates development. The relationship between trade and growth is envisaged through
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The United States Starting to Recover University of Phoenix Principles of Macroeconomics ECO/372 The United States Starting to Recover The United States economy has suffered the worst recession of the post-World War II era in 2007 and 2008‚ and has endured an anemic recovery since. However‚ the economic landscape may be changing. United States unemployment has fallen for four consecutive months‚ down from 9% in September to 8.3% in January. Four economic factors (unemployment rate‚ expectation
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Haller (2012) “Effective training also contributes to your employee retention‚ especially if these individuals learn what they really need to be successful in their jobs and if they earn rewards for their new knowledge”. Human resources use numerous techniques to ensure training is effective and development is imminent. The training consists of learning it‚ showing what was learned‚ proving that the individual can do the task on their own‚ and lastly earning it which ends in development (Haller‚ 2012)
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GLOBALIZATION | How affects the economy and the trade of the states? | | Globalization has changed us into a company that searches the world‚ not just to sell or to source‚ but to find intellectual capital - the world’s best talents and greatest ideas. Jack Welch Table of Contents What does globalization mean? 3 Effects of Globalization 6 How globalization affect the economy? 9 Economic Globalization. 9 Features 9 Economical Advantage 9 Reduced Child Labor 10 Transportation
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economic globalization day by day‚ a company must explore new markets and seek new development opportunities if it wants to hold a place in international competition. However‚ the company will encounter lots of barriers and challenges while entering the international market. Among them‚ political risks are a key factor that decides the success or failure of international operation (Click & Weiner‚ 2010). Political risks are the possibilities of political events in the host country bringing disadvantageous
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select the parties that are to be involved with the issuance of the bond. Step 3‚ is for the borrower to get their credit rating‚ by a credit rating agency. Step 4‚ is for the credit rating agency to rate the bond to determine amount to be issued. Step 5‚ is for the borrower to enter into a loan agreement with the bond issuer. Step 6‚ bond are sold and the proceeds are given to the borrower. 2. An alternative to traditional equity and debt financing is leasing. Leasing is undertaken primarily for what
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THE REASONS WHY COUNTRIES TRADE: THE BENEFITS AND DISADVANTAGES TRADE RELATIONSHIP BETWEEN KENYA AND CHINA: REASONS WHY THE TWO COUNTRIES TRADE Table of content 1.0 International trade 1.1 Reasons why countries trade 1.2 Benefits of trade 1.3 Disadvantages of trade 2.0 Trade relations between Kenya and China 2.1 Volume of trade between kenya and 2.2Reasons for the Trade relations between Kenya and China 3.0 References 1.0 International Trade International trade is exchange of capital‚ goods‚ and
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1. Describe how the world economy is becoming more integrated than ever before. The global economy is becoming more integrated than ever before. The world trade organization (WTO)‚ now has 153 countries involved in more than 95 percent of the world’s trade. The global economy is dominated by countries in three regions: Western Europe‚ North America‚ and Asia. Europe is economically to form he biggest market in the world. Under the Maastricht Treaty‚ which formally established the European Union
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