Examlex
Suppose the U.S.government imposes a binding quota on the number of Japanese-made cars allowed into the United States.We would expect the price of Japanese cars to ________
and the price of U.S.-made cars to _.
A.increase; increase
B.increase; decrease
C.decrease; increase
D.decrease; decrease
Economies of Scale
Cost advantages that entities experience as their operational size or volume increases, leading to reduced costs per unit of output.
Remuneration
The compensation a person receives in return for performing work or services, including wages, salaries, and benefits.
Non-controlling Interest
Non-controlling interest is an ownership interest in a business entity by shareholders that are not the parent company or controlling shareholders, reflecting their share of the equity in a subsidiary.
Subsidiary
A business that is under the control of another business, referred to as the parent company, by holding a majority of its voting shares.
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