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Can less developed countries economies grow by developing services as tourism?
Less developed countries economies grow by developing services as tourism when:
The less developed countries have a comparative advantage within the service industry chosen for example Ghana has an inexpensive and well-educated workforce and procedures claims, for a US insurance company into the USA through satellite.
is industrial ethics contradictory?
1. A monopolist faces the industry demand Q=400-0.5 p and has constant marginal costs of 8, with no fixed costs. a) What is the monopoly price? What is the monopoly quantity?
What is import substitution? Import substitution: It is a government industrialisation policy for development by replacing imports along with domestic production. St
What is the function of multinational companies into the promotion of development? A multinational or transnational (TNCs) company operates within two or more countries across
who is the proponent of theory of economic rhythm?
1.) Calculate the beta for your corporation. First you need to calculate the monthly return for your corporation for the recent 60-month period (use April 2006 through March 2011)
Types of Transaction on the Capital Account are stated below: It is useful to recall the basic types of transactions recorded on the capital account: foreign portfolio investme
Subcontracts frequently include penalty clauses to provide the main contractor defence into the case of the supplier’s poor performance. Why are penalty clauses not the complete an
What are Rostowís assumptions? Assumptions of Rostowís: • Economic development procedure is universal which is all countries whether within Africa or Asia go by the same se
What are the reasons for globalisation? Globalisation is the result of: • Enhancements in communications and transport, • Elimination of trade limits and exchange contro
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