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What else can I help you with?
How do factories help countries?
they are important because they make new stuff
What is one important product for an industrialized country?
Let's go with the basics. Water is important.
When one country can produce a product more cheaply than another country. what can this be called?
When one country can produce a product more cheaply than another country this is called comparative advantage. When one country can produce more goods than another using an equal amount of resources, this is called absolute advantage.
Why is it important for other countries to buy Canadian products?
It's important because Canada can get products in return and other countries might not have this product and it will cost them to make it.
What refers to a country's ability to produce more of a given product than another country can?
absolute advantage
What other product or a service available in another country?
ATM's are found in many other countries. This can make it easy for you to get money no matter where you are.
How do factories help countries?
they are important because they make new stuff
How outsourcing can negatively and positively affect different countries?
Well, it can positively effect some countries by making products more readily available at a cheaper cost due to it not costing as much to get the product to the country. It can also create job opportunities in developing countries. It can negatively affect countries by removing job opportunities that might have been available there had the product been produced in that country instead of outsourcing to another country.
What is A product that is brought to another country?
Import
What do you call a product that is sold to another country?
exports(:
What is a product that is brought to another country called?
Import
What do you as Americans call a product you sent to another country?
Export
What do you call a product sent to another country and sold?
A product sent to another country and sold is called an "export." Exports are goods or services produced in one country and sold to buyers in another, contributing to the exporting country's economy. The process often involves international trade regulations and tariffs.
What is one important product for an industrialized country?
Let's go with the basics. Water is important.
When one country can produce a product more cheaply than another country. what can this be called?
When one country can produce a product more cheaply than another country this is called comparative advantage. When one country can produce more goods than another using an equal amount of resources, this is called absolute advantage.
Why is it important for other countries to buy Canadian products?
It's important because Canada can get products in return and other countries might not have this product and it will cost them to make it.
What does important refer to?
Parallel imports is a non-counterfeit product imported from Another Country without the permission of the intellectual property owner. They are often referred to as grey products.
