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Author Question: Speed-to-market is the rate at which a company's competitors copy its new product innovations. ... (Read 69 times)

Evvie72

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on: Jul 14, 2018
Speed-to-market is the rate at which a company's competitors copy its new product innovations.
 
 Indicate whether the statement is true or false

Question 2

What is a national balance of trade? What does someone mean when he or she says that the balance of trade is favorable? Unfavorable?


catron30

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Reply #1 on: Jul 14, 2018
Answer to Question 1

False

Answer to Question 2

A country's balance of trade is the total value of its exports minus the total value of its imports over a specific time period. If a country's balance of trade is favorable, it means that the country's exports exceed its imports. If it is unfavorable, the country is importing more than it is exporting.


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Evvie72

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Reply #2 on: Jul 14, 2018
TY


catron30

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Reply #3 on: Jul 14, 2018
Happy to Help


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