Who gains more from trade when nations are of unequal economic size?

What will be an ideal response?


If one nation is significantly larger than the other, the larger nation attains fewer gains from trade, while the smaller nation captures most of the gains from trade.

Business

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Subdividing an organization into smaller units in a horizontal structure is

A. delegating. B. positioning. C. standardization. D. decentralization. E. departmentalization.

Business

A union member brought a grievance to the union rep. Because the union considered it to be a weak case that it would probably lose, the union most likely will not take it to arbitration for the fear of losing member support.

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

Business

Which of the following is an example of a company flattening its structure?

A. Jay's Auto eliminates four layers of management. B. Doug's Excavating opens branches in the South and the Midwest. C. Marco's Windows fires 300 production workers and hires 50 managers. D. Billy's Produce hires two new salesmen. E. Kimmi's Design adds an assistant manager position.

Business

A computer-based information system (CBIS) makes use of computer hardware and software, databases, telecommunications, people, and procedures to manage and distribute digital information.

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

Business