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22 Aug 2019

What are the factors of production?

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Jarrod Robel
Jarrod RobelLv2
23 Aug 2019
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Related questions

The extent to which principals are personally responsible for the debts of the business is which of the following factors?

ā­• Liability

ā­• Management

ā­• Formation

ā­• Taxes

Imagine that you are working for a Durban based company that is evaluating whether it should move its manufacturing to India or China. You have been asked to present the pros and cons of this investment. Based on what you have learned in your studies thus far, what political, legal, economic, social, and business factors would you need to assess for each country?Ā 

Important! 40 Points for those who answer!

Drag the tiles to the boxes to form correct pairs.

Match the given situations to the factors that affect global trade.

 

Tiles

India’s economy is strong

India’s currency has strengthened compared to China’s

India’s currency is weaker than China’s

India’s weaker currency has allowed more exports

India’s currency has not increased or decreased in value

 

Pairs

India stops purchasing goods from China because goods are too expensive

China increases sales in India because demand has increased

India cannot sell goods to China because they are more expensive this year

Norah’s Chinese shoe factory had to close because cheaper shoes are now being imported from India.

The price of India’s imported goods have remained consistent last year

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