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Author Question: According to the Law of Supply and Demand, lower-priced goods sourced globally increase_______ a. ... (Read 69 times)

dmcintosh

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on: Sep 11, 2018
According to the Law of Supply and Demand, lower-priced goods sourced globally increase_______
 
  a. The price of imported goods
  b. Domestic demands
  c. Domestic supply
  d. Welfare loss from trade

Question 2

Which of the following theories most appropriately explains the fact that companies are relocating their apparel manufacturing facilities from South Korea to El Salvador, from El Salvador to Vietnam?
 
  a. The Law of Supply and Demand
  b. Industry Lifecycle Theory
  c. Socio-cognitive theory
  d. Fragmentation theory


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leahm14

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Reply #1 on: Sep 11, 2018
Answer to Question 1

b

Answer to Question 2

b


dmcintosh

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Reply 2 on: Sep 11, 2018
YES! Correct, THANKS for helping me on my review

sultansheikh

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Reply 3 on: Yesterday
Excellent

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