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What are the advantages of supporting local goods and services?

the answer for it is that the country got goods from another country


What are the advantages and disadvantages of Predatory Pricing?

The pricing of goods or services at such a low level that other suppliers cannot compete and are forced to leave the market.


What are the advantages and disadvantages of evat in the Philippines?

The manufacture of goods and exploitation of resources in the Philippines for sale to other country's put it in a position to be able to trade with other country's for goods that are not available locally.


What are some of the ways in which the government is involved in the economy What are the advantages and disadvantages of governmental involvement?

The government is involved in the economy through regulation, taxation, public spending, and provision of public goods and services. Advantages of government involvement include the stabilization of the economy, protection of consumers and the environment, and the provision of essential services that may not be profitable for private entities. However, disadvantages can include inefficiencies, bureaucratic delays, and potential for overreach or misallocation of resources, which can stifle innovation and competition. Balancing these roles is crucial for promoting economic growth while safeguarding public interests.


What are the four fundamental economic questions?

What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?

Related Questions

What are the advantages of supporting local goods and services?

the answer for it is that the country got goods from another country


What are the advantages disadvantages of the price mechanism?

price mechanism is hte demand and supply of goods and services


What are the advantages and disadvantages of Predatory Pricing?

The pricing of goods or services at such a low level that other suppliers cannot compete and are forced to leave the market.


What are the advantages of having a distributor?

getting goods and services to those who want/need them.


What are the advantages and disadvantages of railways?

1.we may lose our goods . 2.it takes lots of time for transportation.


What is meant by saying a proposed payment?

That funds and supporting documents are available, and goods or services have been received.


What is meant by a proposed payment is proper?

That funds and supporting documents are available, and goods or services have been received.


What were some advantages and disadvantages to aboriginal groups of the European exploration?

Advantages included access to new goods, weapons, and technology. However, disadvantages included loss of land, disease epidemics, warfare, and forced assimilation into European culture.


What is meant by saying a proposed payment proper?

That funds and supporting documents are available, and goods or services have been received.


What are the advantages and disadvantages of evat in the Philippines?

The manufacture of goods and exploitation of resources in the Philippines for sale to other country's put it in a position to be able to trade with other country's for goods that are not available locally.


What are Advantages and disadvantages of castles during the crusades?

Advantages: Crusaders are able to bring back books fill with knowledge. Also, they bring back goods which spur trade. Disadvantages: They are unable to bring brack the Holy Land and it eventually leads to the Black Death.


What is supporting products?

U tell me.......