Norman's Interest in Computers Helped Fuel His Design of a New

question 1

True/False

Norman's interest in computers helped fuel his design of a new hard drive that is far superior to anything on the market.Norman's product and business plan will likely attract several sources of financing if he is willing to give up part ownership of his company.

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Definitions:

Tariff Revenue

Income that governments earn from imposing taxes on imported goods to protect domestic industries or generate income.

Economic Strategy

A plan of action designed to achieve specific financial or market objectives.

Exports

Items or services that are manufactured in one nation and purchased by consumers in a different country.

Imports

Goods or services brought into a country from abroad for sale or use.