Imports have the potential to lower a country's inflation rate. In particular, imports of HIGHER-priced goods and services place a limit on what domestic competitors charge for comparable goods and services

Indicate whether the statement is true or false.


Answer: FALSE

Business

You might also like to view...

The following are examples of typical marketing communications objectives, except:

A) increase market share B) increase the number of products offered C) increase profits D) increase return on investment

Business

If rivalry among firms forces companies to rationalize costs, it is a negative force

Indicate whether the statement is true or false

Business

Data Flow Diagrams start with a circle indicating the start event.

Answer the following statement true (T) or false (F)

Business

______ is the average of the sum of the absolute differences between the actual and forecasted demand values.

a. Mean squared error (MSE) b. Mean absolute deviation (MAD) c. Mean absolute percentage error (MAPE) d. Cumulative sum error (CSE)

Business