An analysis of employment ads found that being a person who is rewarding to deal with is a key indicator of employability
Indicate whether the statement is true or false.
Answer: TRUE
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Internal economies of scale provide the incentive for countries to
a. specialize in a few products. b. manufacture a wider range of products. c. specialize in products that are in demand abroad. d. manufacture only a few units of products that are in demand.
The initial focus in facility location is on a ____.
a. city b. county c. state or province d. region
In the business process perspective, the firm describes its objectives for improvements in tangible and intangible infrastructure.
Answer the following statement true (T) or false (F)
According to trade theory
A. high-cost labor will automatically cause a country to be uncompetitive in export markets. B. if a currency's exchange rate strengthens, then its exporters will no longer be able to profitably export their products. C. traders need to know the exchange rate between their own currency and that of the nation they are considering trading with, before they can decide whether it is advantageous to import, export, or buy locally. D. devaluation of a currency will automatically cause a nation's products to be price competitive in international markets. E. devaluation of a country's currency will cause domestic prices to decrease.