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i don't like people
What else can I help you with?
What is a good bought from foreign markets?
i don't like people
Which market or markets are consumer goods and services bought into?
Goods or services bought by a consumer are bought in the consumer market. The consumer market includes fast moving consumer goods, consumer durables, soft goods and services.
How do you import goods from foreign countries?
Goods are bought from suppliers from foreign countries. Then a customs tax is paid as the goods a brought (by air/land/sea) into the country
What is the term for products that could be shipped only to England and not to foreign markets?
enumerated goods
What goods made Chinese trade markets so valuable to foreign traders?
Silk and Tea.
What effect do appreciation and depreciation have on the price of goods?
Appreciation of a currency makes imported goods cheaper and can lower the prices of foreign products, while domestic goods may become more expensive for foreign buyers, potentially reducing exports. Conversely, depreciation of a currency increases the cost of imports, leading to higher prices for foreign goods, while making domestic goods cheaper for foreign markets, which can boost exports. Overall, these currency fluctuations directly impact the relative prices of goods in both local and international markets.
Why did southerners oppose tariffs?
The southerners bought more foreign goods than the northerners did.
How do markets operate?
A market operates by sellers offering goods and services for sale which are bought by buyers.Hope i helped :D
What did Henry Cabot lodge want as head of the U.S. foreign affairs committee?
Americans produce in foreign markets
Function of foreign trade?
(i) Foreign trade creates an opportunity for the produces to reach beyond the domestic markets. (ii) Producers can sell their produce not only in markets located within the country but can also compete in markets located in other countries of the world. (iii) For the buyers, import of goods produced in another country is one way of expanding the choice of goods beyond what is domestically produced.
How did the economic philosophy of mercantilism slow economic growth before the industrial revolution?
It prevented merchants from freely trading goods in foreign markets.
Distinguish between product markets and factor market?
Product markets are where goods and services are bought and sold, involving transactions between consumers and producers. In contrast, factor markets are where factors of production—such as labor, capital, and land—are exchanged, typically involving businesses seeking resources to produce their goods and services. Essentially, product markets focus on end products, while factor markets concentrate on the inputs required for production.
