Question

7 multiple choice 2 points
why do companies make products in different countries?
they dont make products in other countries
to make products more expensive
because its always cheaper
to use resources and skills from around the world
8 multiple choice 2 points
because country a has no domestic sources of wood, it imports all its wood from wood - producing countries. if the price of wood in wood - producing countries rises substantially, which of the following is most likely to occur?
country a will import more wood to meet rising demand.
country a will impose a tariff on wood imports.
housing prices in country a will increase as wood imports become more expensive.
profits in other wood - producing countries will increase because of increased exports to country a.
9 multiple choice 2 points
which aspect of a nations culture is most directly influenced by the physical geography of that nation?
form of government
religious beliefs
population distribution
social class system

Explanation:

• Question 7: Companies often aim to utilize global resources and skills for efficiency and quality. Making products in different countries is a common practice in global business.
• Question 8: If the price of imported wood (a key input) rises, the cost of production for housing (which uses wood) in Country A is likely to increase, leading to higher housing prices.
• Question 9: Physical geography (e.g., terrain, climate) directly affects where people can live and thus population distribution. Forms of government, religious beliefs, and social class systems are influenced by a variety of factors beyond just physical geography.

Answer:

• Question 7: To use resources and skills from around the world
• Question 8: Housing prices in Country A will increase as wood imports become more expensive.
• Question 9: population distribution