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When Goods in domestic market sold high and in foreign at low this situation called?
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What is a good bought from a foreign market called?
It is called an imported good or import.
What are the problems of having a surplus balance of payments?
a. it will cause inflation b. It will lead to domination of foreign companies in the domestic market
When there is one buyer and many sellers in a market - what is this situation called?
Monopsony
What are the disadvantages of companies with limited resources?
1) Not recommended to foreign market as it is unwise to do so as it is given the reference to limited resources. 2)Most likely be able to get itself established only in domestic market. 3)Unable to achieve economics of scale.
What is it called when the price of foreign goods are raised to make them less competitive with American products on the domestic market?
You're probably talking about how the government often imposes tariffs (import taxes) on foreign goods. That makes the same goods made in America more desirable because they're cheaper. In a way, it helps American businesses that sell products domestically.
What is domestic purchasing?
domestic purchasing takes place when a buyer from a foreign market purchases the product and exports it back itself
What is foreign marketing?
The foreign exchange market is a market that is mainly used for the exchange of currency. This market helps to decide the rate and values of all currency.
What is a good bought from a foreign market called?
It is called an imported good or import.
What are the problems of having a surplus balance of payments?
a. it will cause inflation b. It will lead to domination of foreign companies in the domestic market
Where does Thornton's get its gas-domestic or foreign?
Thornton's typically sources its gasoline from both domestic and foreign sources, depending on market conditions and supplier contracts. They may purchase fuel from a variety of suppliers to ensure a reliable supply at competitive prices for their customers.
What is a situation in which goods are not fairly distributed called?
Market failure
When an organization directly owns part of or an entire business in a foreign market it is called?
foreign direct investment
When there is one buyer and many sellers in a market - what is this situation called?
Monopsony
How much money did My Fair Lady gross domestically?
Mrs. Doubtfire grossed $219,195,051 in the domestic market.
How much money did Seabiscuit gross domestically?
Seabiscuit grossed $120,277,854 in the domestic market.
What is the difference between domestic market and the export market?
The primary difference between a domestic market and an export market is the payment is made in a foreign convertible currency. Further, the goods produced in India need to be shipped abroad in exchange for payment to be treated as an export. There is a good import-export business practice that one can learn from online exim courses.
How much money did Couples Retreat gross domestically?
My Best Friend's Wedding grossed $126,813,153 in the domestic market.
