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Do some international trade theories work better than others for different industries?
Wiki User
∙ 12y ago
yes some international trade theories work very well than other for different industries
Wiki User
∙ 12y ago
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How can different economic concepts and theories contribute to a better understanding of development process?
yes
What are the advantages and disadvantages of small scale industries in Indian economy?
Advantages of small scale industries are that they can be more personable. Small industries are better able to make their own rules than larger industries. Disadvantages are that they are often more expensive than large industries do have to fight to stay afloat.
Why was it important to the nation that congress tax goods that were imported to the US?
It was important because the taxes would protect the industries against the competition in England. This allowed the newly formed industries have a better chance and it allowed America to become an industrial nation.
What are the disadvantages of removing trade barriers in developing countries?
1. Firms from developed countries will be able to sell goods at cheaper prices and higher quality (since they are more mature and have access to better tech) thus local producers may face problems. 2. Infant industries (local industries in developing countries that have not matured yet) may falter in the face of international competition. 3. The loss of local industries may create a large amount of unemployment. 4. There might arise an over-dependence on foreign imports. 5. A negative balance of payments may arise (more imports than exports)
Which of the theories of international trade can help Indian services providers gain competitive edge over their competitors?
The theory of free markets can help Indian services providers gain competitive edge over their competitors because India has got an edge over other countries at this point of time but other nations may try to make their products look cheaper by manipulating their currencies or by imposing restrictions on imported service especially from India. You only need one theory - do something better than your competitors (either make a better product, market it better, service it better, price it cheaper, whatever).
Do some trade theories work better than others for different industries?
yes some international trade theories work very well than other for different industries
How can different economic concepts and theories contribute to a better understanding of development process?
yes
Are world industries better than baker techdecks?
Yes world industries are better than baker
Why is it important for astronomers to share theories and observations?
Sharing ideas, especially different ideas, can lead to a better understanding of how and when we got here.
What is behavioral-scientific approach in international relations?
The behavioral-scientific approach in international relations focuses on applying scientific methods from psychology, sociology, and other social sciences to understand and predict behavior in the international arena. This approach emphasizes the role of individual and group decision-making, perceptions, attitudes, and beliefs in shaping outcomes in world politics. Its goal is to enhance the empirical basis of international relations theories and provide insights for policymakers.
Is it better to have an International Baccalaureate diploma or a European Baccalaureate diploma?
It is better to have an international degree.
Can I post the same thing in different counties?
If you have questions about the same company operating in different countries perhaps you would do better by going to that companies International Webpage
Which mmorpg is better perfect world international or Lotro?
Perfect World International I think is better.
Why is it important to continuously evaluate current scientific theories?
New experimenatal data can lead to a better understanding of theories or can even disaprove them
Why are theories transitory?
Theories don't last foreverThey exist until replaced by better theoriesMore durable (lasting) theories may come to belabelled 'laws' - for example, the law of diminishingreturns in economics
How Darwin's theories contributed to the development of Modernism?
Darwin's theories undermined traditional beliefs about humankind's origins and its place in the universe
What do theories do over time?
Theories can evolve and change over time as new evidence is discovered or different perspectives are considered. They may be refined, expanded upon, or even replaced by new theories that better explain a phenomenon. Additionally, theories may become widely accepted within a scientific community or society as a whole as they stand the test of time and scrutiny.
