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What does manufactured goods mean?
products or resources that are man made
What does mercantilism mean in a short from?
it mean that they traded with there parent's country. for an example the new France gave France fish, fur and wood and the France gave the new France manufactured goods
What does an increase in supply of an item usually mean for a consumer?
lots of supply and low demand = lower prices lots of demand and low supply = higher prices demand and supply high = normal prices demand and supply low = normal prices
What does free trade zone mean?
A free trade zone is a formerly free port where goods can be handled, manufactured, landed, reconfigured, or reexported without intervention by customs authorities.
What are the effects of foreign exchange fluctuations on importers in the international market?
Changes in prices of goods or products sold mean changes in pricing strategy or sufficient markups to handle variability??
What does manufactured goods mean?
products or resources that are man made
What does 'manufactured' mean?
the making of goods or wares by manual labor or by machinery
What does manufactured mean?
the making of goods or wares by manual labor or by machinery
What does 'manufactured forms' mean?
In making goods or wares by machinery, the company makes a form to be used over and over.
What does 'undercut the competition' mean?
To offer goods or services at a lower price or rate than (a competitor).
What does mercantilism mean in a short from?
it mean that they traded with there parent's country. for an example the new France gave France fish, fur and wood and the France gave the new France manufactured goods
What does an increase in supply of an item usually mean for a consumer?
lots of supply and low demand = lower prices lots of demand and low supply = higher prices demand and supply high = normal prices demand and supply low = normal prices
Barbara must determine the mean price per pound of fruit what is the mean price?
Middle of the road price = Half the prices are higher and half are lower.
What role might the internet play in the regions economic development?
The internet allows for communication outside the immediate area. It can mean a region can fine new buyers for their goods or they can obtain goods from other areas at better prices.
What does free trade zone mean?
A free trade zone is a formerly free port where goods can be handled, manufactured, landed, reconfigured, or reexported without intervention by customs authorities.
What does nature of goods mean?
To me this would mean the 'intended purpose' of the goods or the type or kind of goods.
Is it better to have more than one producer?
Multiple producers mean competition and lower prices - avoiding a sole producer becoming a monopoly
