What Is the Effect of a Trade Between Canada and India

question 191

Multiple Choice

What is the effect of a trade between Canada and India

• A)benefits for both Canada and India
• B)a losing proposition for Canada because India has cheaper labour
• C)trade between the two countries would be inefficient due to the high cost of transporting the goods
• D)a losing proposition for India because Canadian workers are more productive

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Definitions:

Common Components

Elements, parts, or materials that are frequently used or shared across different products or services.

Supply Chain Influence

Supply chain influence involves the capacity of a company or entity to affect decisions, activities, and efficiencies within the supply chain, including the practices of suppliers, manufacturers, and distributors.

Demand

The quantity of a good or service that consumers are willing and able to buy at a given price over a certain period of time.

Pricing Promotions

Marketing strategies that temporarily reduce the price of goods or services to stimulate demand or increase market share.