Suppose you work for a New Zealand company exporting a container of kiwis to Haiti or Iraq. The customs official informs you that there is a delay in clearing your container through customs, and it may last a month. However, if you are willing to pay an "expediting fee" of US$200, he will try to make it happen in one day. What are you going to do?
Answer to relevant QuestionsMost developed economies have some illegal immigrants. The United States has the largest number: approximately 10 million to 11 million.Without legal US identification documents, they cannot open bank accounts or buy houses. ...In the text, are human resources used as an example of tangible or intangible resources? Do you agree with that classification? Why or why not?Mercantilism involved a relatively significant amount of government control over both domestic and international activity, whereas Smith's concept of absolute advantage focused on relative economic freedom and minimal ...In the United States, many states and cities deliberately seek investment in their states and communities by firms from other parts of the country. Why are some of those who seek investment from elsewhere in the US worried ...Suppose that in country X, the culture is one that avoids risk and frowns on gambling. Suppose the country uses the dollar in its international transactions, and a firm in X buys a product from Europe of which it will take ...
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