Question: Critically discuss the role of technology in a globalised
world towards the opportunities and challenges in agricultural
trade of developing countries. (FOCUS on opportunities and
challenges
QUESTION "Critically discuss the role of technology in a globalised world towards the opportunities and challenges in agricultural trade of developing countries." Link the role of technology to trade
Answers
The role of technology in a globalized world presents both opportunities and challenges in agricultural trade for developing countries.
Technological advancements offer opportunities for developing countries in agricultural trade by improving productivity, efficiency, and market access. Technologies such as precision agriculture, digital platforms, and remote sensing enable farmers to optimize production, monitor crops, and access global markets more effectively. This can lead to increased agricultural productivity, improved income for farmers, and enhanced competitiveness in global trade.
However, there are also challenges associated with technology in agricultural trade for developing countries. One challenge is the digital divide, where limited access to technology and internet connectivity hinders the adoption and utilization of advanced agricultural technologies. This creates a gap between technologically advanced and developing countries, limiting the opportunities for the latter to fully benefit from technological advancements.
Another challenge is the potential displacement of small-scale farmers due to the increased automation and mechanization brought by technology. This can lead to income inequalities and rural-urban migration if adequate measures are not in place to support and empower smallholder farmers.
Overall, while technology offers opportunities for developing countries in agricultural trade, addressing the challenges of access and inclusivity is crucial to ensure a more equitable and sustainable global agricultural system.
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Related Questions
When gas prices are $2.73 per gallon, the annual supply for gas in New York State is 135 billion gallons and the annual
demand is 141 billion gallons. When the price increases to $3.26 per gallon, the annual supply increases to 147 billion gallons and the
demand decreases to 137 billion gallons.
(a) Assuming that the supply and demand equations are linear, Ofind the supply and demand equations.
Supply Equation p =
Demand Equation p =
Note: The equations should be in the form p = mq + b where p denotes the price (in dollars) and q denotes the quantity (in billions).
The slope and y-intercept should include 3 decimal places, or be left as fractions.
(b) Find the market price and quantity.
market price p =
market quantity q =
Note: The market price and quantity should include 3 decimal places (or left as fractions), and the market price should include a dollar
sign.
Answers
The supply equation is p = 0.044q - 3.21.
How to compute the supply equation?The supply will be:
p = mq + b
2.73 = 135m + b
3.26 = 147m + b
Subtract both equations
12m = 0.53
m = 0.53/12
m = 0.044
We'll substitute it and this will be:
2.73 = 135m + b
2.73 = 135(0.044) + b
2.73 = 5.94 + b
b = -5.94 + 2.73 = -3.21
The supply equation will be
p = mq + b
p = 0.044q - 3.21
The demand equation will be:
2.73 = 141m + b
3.26 = 137m + b
Subtract the equations
4m = -0.53
m = -0.1325
2.73 = 141m + b
2.73 = 141(-0.1325) + b
b = 2.73 + 18.68
b = 21.41
The demand equation will be
p = -0.1325q + 21.41.
The equilibrium condition will be:
0.044q - 3.21 = -0.1325q + 21.41.
0.044q + 0.1325q = 21.41 + 3.21
0.1765q = 24.62
q = 140
Equilibrium quantity = 140
The market price will be:
p = 0.044q - 3.21
p = 0.044(140) - 3.21
p = 2.95
The market price is 2.95.
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3.) A special cereal mixture contains rice, wheat and corn in the ratio of
2:3:5. If a bag of the mixture contains 3 pounds of rice, how much corn
does it contain?
Answers
Answer:
7.5
Explanation:
Let R = rice.
Let W = wheat.
Let C = corn.
Let X = special cereal mixture
Given the following data;
Ratio of rice, wheat and corn = 2:3:5
Total quantity of rice = 3 pounds.
Ratio = 2 + 3 + 5 = 10
For rice;
2/10 * X = 3
Cross multiplying, we have;
2X = 30
X = 30/2 = 15
Therefore, the total quantity of the special cereal mixture is 15 pounds.
To find the total amount of corn;
C = 5/10 * 15
C = 75/10
C = 7.5 pounds.
Hence, the special cereal mixture contains 7.5 pounds of corn.
To find the total amount of wheat;
W = 3/10 * 15
W = 45/10
W = 4.5 pounds.
Check;
Special cereal mixture = rice + wheat + corn.
Special cereal mixture = 3 + 4.5 + 7.5
Special cereal mixture = 15 pounds.
Answer:
7.5 pounds of corn.
Explanation:
Rice=2x -> 3 pounds
Wheat=3x
Corn=5x
2x=3
x=1.5
5*1.5
=7.5
Property rights are important to a free enterprise system because they:
A. Allow businesses to freely take ideas from competing companies.
B. Protect businesses' freedom to buy and sell products.
C. Encourage businesses to keep prices as low as possible
D. Place regulations on businesses that make dangerous products.
Answers
Protect businesses' freedom to buy and sell products
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A manufacturing company has a revenue of $100,000, purchases of $60,000, and a profit before tax of $8,000, a 15 percent reduction in purchases would result in an increase in the profit by:
Answers
15 percent reduction in purchases would result in an increase in profit of $41,000.
Given,A manufacturing company has a revenue of $100,000,purchases of $60,000 and a profit before tax of $8,000We are to find, a 15 percent reduction in purchases would result in an increase in profit.Solution:Given,Revenue of the company = $100,000Purchases = $60,000Profit before tax = $8,000We know,Profit before tax = Revenue - Purchases - Expenses = $100,000 - $60,000 - Expenses = $40,000 - Expenses -------- (1)So,Expenses = $40,000 - Profit before tax ----- (2)From equation (1) and (2), we have,Expenses = Purchases - Profit before tax ------ (3)Given, Reducing purchases by 15% = $60,000 x 15% = $9,000So,New purchases = $60,000 - $9,000 = $51,000Now,New profit before tax = $100,000 - $51,000 - ExpensesNew profit before tax = $49,000 - ExpensesSince the question asks us to find the increase in the profit,So,Increase in profit = New profit before tax - Profit before taxIncrease in profit = $49,000 - $8,000Increase in profit = $41,000Hence, a 15 percent reduction in purchases would result in an increase in profit of $41,000.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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A company employee needs a certificate to encrypt data. Which of the following would issue a certificate?A. Certificate Authority (CA)B. Key escrowC. Key Escrow AgentD. Registration Authority
Answers
A. Certificate Authority (CA) is a A company employee needs a certificate to encrypt data and ensure secure communication.
A Certificate Authority (CA) is the entity that issues a certificate to an individual or organization. A certificate is a digital document that binds a public key to an individual or organization’s identity.
The certificate also contains information that verifies the owner’s identity and allows the owner to prove their identity to others. The CA is a trusted third-party that verifies the identity and credentials of the certificate's applicant before issuing the certificate. The CA also issues the certificate in a way that ensures its authenticity and integrity.
A Registration Authority (RA) is an entity that verifies the identity and credentials of the certificate's applicant and then forwards the application to the CA for the certificate to be issued. A Key Escrow is a system that stores encryption keys in a secure location and provides access to those keys in order to unlock encrypted data. A Key Escrow Agent is an entity that acts as a custodian of the encryption keys and is responsible for managing, controlling, and protecting the encryption keys.
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eric is expected to show high deference to his boss who is the ceo of a software company. his boss makes all the decisions without much input from lower level employees. this is an example of a
Answers
Eric is expected to show high deference to his boss who is the ceo of a software company. his boss makes all the decisions without much input from lower level employees. this is an example of a High power (-distant) culture.
An employee is someone who receives paid to work for someone or enterprise. people do not need to paintings full time to be taken into consideration personnel—they in reality need to be paid to work by using an organisation (the character or commercial enterprise that can pay them).
Employees complete tasks for organisation leaders . They use their abilties, knowledge and information to meet a positive function at a firm. They usually work within a particular branch like customer service, marketing, accounting or facts generation.
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ted applies for an apartment lease and includes his partner warren's name as a co-tenant and additional source of income. ted could legally be denied a lease based on what? select one: a. the fact that part of his income is from public assistance b. credit score of 550 c. his status as an army reservist d. his sexual orientation
Answers
Ted could legally be denied a lease based on the fact that part of his income is from public assistance. Landlords are legally allowed to consider a tenant's income when deciding whether or not to approve a lease, and some may choose not to rent to tenants who rely on public assistance.
However, it is important to note that discrimination based on sexual orientation or military status is illegal and landlords cannot legally deny someone a lease based on these factors. Additionally, a credit score of 550 may also be a reason for denial, as it is considered poor credit. However, this would depend on the specific landlord's policies and criteria for approving leases. Overall, while Ted may face challenges in securing an apartment lease, it is important for landlords to follow fair and legal practices in their decision-making process.
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What is cost of goods sold in business studies?
Answers
The total of all direct costs incurred in producing an item constitutes the cost of goods sold. It may be included on an income statement and usually includes money spent on labour and raw supplies.
While a company's gross profit is calculated by subtracting COGS from its revenues, COGS is a crucial financial statement statistic. The gross profit is a calculated by profitability that shows how effectively a business manages its workers and resources during the production process.
COGS is accounted for as a business expense on the income statements since it is a cost of doing business. Analysts, investors, and managers can predict the company's bottom line with the aid of the cost of products sold. Net income will go down if COGS rise.
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The accounts from the adjusted trial balance are listed in alphabetical order. What is the total current liabilities?
Answers
According to the given statement the total current liabilities would be $12,000.
The total current liabilities can be determined by looking at the accounts listed in alphabetical order in the adjusted trial balance.
Current liabilities are debts or obligations that are expected to be settled within one year or the operating cycle of a business, whichever is longer.
To find the total current liabilities, you would need to identify the accounts that fall under this category.
Some common examples of current liabilities include accounts payable, short-term loans, accrued expenses, and current portions of long-term debt.
Once you have identified the current liability accounts, you can add up their balances to calculate the total current liabilities.
Remember to consider both the debit and credit balances for each account.
If an account has a debit balance, it represents an increase in liability, while a credit balance indicates a decrease in liability.
For example, let's say the adjusted trial balance includes the following current liability accounts and their corresponding balances:
- Accounts Payable: $5,000
- Accrued Expenses: $3,000
- Short-term Loans: $2,500
- Current Portion of Long-term Debt: $1,500
To calculate the total current liabilities, you would add up the balances of these accounts:
$5,000 (Accounts Payable) + $3,000 (Accrued Expenses) + $2,500 (Short-term Loans) + $1,500 (Current Portion of Long-term Debt) = $12,000 .
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if you have a net spendable income of 1,450 per month, what is the maximum amount of money you should spend on entertainment each month
Answers
Create a monthly budget for yourself using the steps discussed in the unit. If you don't wish to discuss your financial situation, you can create a budget based on an average individual your age.
Answers
1a. assuming the use of a periodic inventory system, compute cost of goods sold under each method of inventory: average cost, fifo, lifo, and specific identification. for specific identification, assume that the first sale was selected from the beginning inventory and the second sale was selected from the january 12 purchase. 1b. assuming the use of a periodic inventory system, prepare a partial income statement under each method of inventory: (a) average cost, (b) fifo, (c) lifo, and (d) specific identification. for specific identification, assume that the first sale was selected from the beginning inventory and the second sale was selected from the january 12 purchase. 2a. between fifo and lifo, which method would result in the higher pretax income? 2b. between fifo and lifo, which would result in the higher eps? 3. between fifo and lifo, which method would result in the lower income tax expense? assume a 20 percent average tax rate. 4. between fifo and lifo, which method would produce the more favorable cash flow?
Answers
LIFO generates more favorable cash flow because it reduces income tax expenses.
Solution:FIFO means first in, first out, and LIFO means last in, first out.For tax benefits during inflation, the LIFO approach is used. LIFO results in higher costs of sold quantities of goods as prices rise.When prices are rising and inventory quantities are stable or increasing, a company that uses LIFO instead of FIFO will review COGS and cash flows that are, respectively: Answer Both are greater. The reason given is that LIFO generates more cash flow because income tax is lower with lower reported income.To learn more tax benefits refer to :
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describe how a company would balance the tradeoff between cost and speed when selecting a shipping method
Answers
Answer: The opportunity cost is the most desirable trade-off.
Explanation: Trade-offs refer to the choosing decisions that an individual faces when choosing between two-goods or making any other economic decision. For instance, a graduate may face a trade-off between choosing a job or starting up his own business.
While, opportunity cost is simply the cost of the lost alternative. For example, if the graduate chooses to start a business then his opportunity cost is the salary foregone from going for a job.
Thus, when deciding on which option to choose (trade-off) we always look at the option which has a lower opportunity cost. So we can say that they are the most desirable trade-off.
A company would balance the tradeoff between cost and speed when selecting a shipping method through the Opportunity cost.
What is the meaning of the tradeoff ?The trade-off is a term used to describe the courses of action given up in order to perform the preferred course of action. Conversely, the opportunity cost is defined as the cost of opting one course of action and forgoing another opportunity, to undertake that course of action.
Thus, when deciding on which option to choose (trade-off) we always look at the option which has a lower opportunity cost. So we can say that they are the most desirable trade-off.
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Fill in the blanks: direct deposit typically refers to your ______ sending your ______ electronically to your bank account.
Answers
Direct deposit typically refers to your employer sending your paycheck electronically to your bank account.
What is direct deposit?Direct deposit can be defined as the way in which your employer directly deposit your salary into your bank account electronically.
Most companies or organization tend to make use of direct deposit system to pay their employee salary or paycheck instead of giving them cash or using check .
Inconclusion Direct deposit typically refers to your employer sending your paycheck electronically to your bank account.
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high-performing teams engage in a variety of actions, including the following: focusing first and foremost on performance going through natural stages of development, including forming, storming, norming, and performing building a work culture around values, norms, and goals meeting often embracing differing viewpoints and conflict finding out the communication styles and preferences of one another providing a lot of positive feedback and evaluating their performance often feeling a common sense of purpose in this activity, you will identify actions associated with these principles of high performance in teams. the goal of this activity is to help you recognize the actions involved in communicating effectively to create high performance in teams. roll over each phrase to see an action associated with a principle of high-performing teams. then drag the item to the most relevant principle.
Answers
High-performing teams engage in a variety of actions that promote effective communication and collaboration. Firstly, they prioritize performance and establish a common sense of purpose.
They go through natural stages of development, including forming, storming, norming, and performing, where they build a work culture based on shared values, norms, and goals.
They meet frequently to embrace differing viewpoints and resolve conflicts, using positive feedback to evaluate their performance often. Finally, they identify the communication styles and preferences of one another to improve their interactions.These principles of high-performing teams foster effective communication and help individuals work together towards common goals.
Effective communication allows for the sharing of information, ideas, and feedback, leading to improved decision-making and problem-solving. By building a culture based on shared values, norms, and goals, individuals are more likely to feel a sense of ownership and commitment toward their work, leading to increased motivation and productivity.In summary, the actions associated with these principles can help to create an environment where communication is effective, and teams are empowered to achieve high levels of performance.
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Explain how a discount toy store would acquire products, set prices, and handle a decrease in interest with a particular toy that the store
presently has a huge supply of. Explain how they would know interest has declined. Is it really that big of a problem to have a huge supply of the product?
Answers
A discount toy store can acquire products through various channels such as wholesale suppliers, manufacturers, distributors, and even online marketplaces. In the case of a decrease in interest in a particular toy, the store can monitor sales data to determine if there has been a decline in demand.
They can negotiate for lower prices with the suppliers to keep the cost of goods low. The store can also rely on customer feedback and market trends to decide on which products to stock. Once they have acquired the products, they can set prices based on the cost of goods, competition, and demand.
In the case of a decrease in interest in a particular toy, the store can monitor sales data to determine if there has been a decline in demand. They can also conduct surveys or use social media to gather feedback from customers. If they find that interest has declined, they can reduce the price of the toy to clear inventory or offer promotions such as buy-one-get-one-free deals to increase sales.
Having a huge supply of a particular product can be a problem for the store as it ties up their capital and storage space. It also increases the risk of the product becoming obsolete or outdated, which can result in losses. Therefore, it is important for the store to manage their inventory effectively by monitoring sales and adjusting their pricing strategy accordingly.
The store can also consider donating excess inventory to charity or selling it to liquidators to recoup some of their costs. In summary, a discount toy store can acquire products at low prices, set competitive prices based on demand and competition, and handle inventory by monitoring sales and adjusting prices as necessary.
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If you were a business owner, which of these would be important to you (making money or public safety)?
Answers
both would be important to me
Riskier investments can yield higher returns:
A) but, are generally less expensive
B)but, generally experience steeper downturns
C) so, you should invest all your money in high risk stocks
D) none of the above
Answers
The Riskier investments can yield higher returns, Because They put your money at higher risk. This means that if things go well, high-risk investments can produce high returns.
What is the investment?Investment is the ceremonial of money to purchase an asset to attain an increase in value over a time period of time. Investment requires a sacrifice of some present quality, such as time, medium of exchange, or effort. In finance, the purpose of investing is to generate a return from the invested asset.
The risk investment may offer the chance of higher returns than other investments might produce, but they put your money at higher risk. This means that if things go well, high-risk investments can produce high returns. But if things go badly, you could lose all of the money you invested.
Therefore, Thus option (D) is correct.
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Why do you think it is important to have a diverse number of careers to choose from? How would it affect our global economy if there were only one or two career clusters?
Answers
What type of documents do you see in the given image? The given image shows .
Answers
Answer: business report
Explanation:
Answer:
business reports
Explanation:
plato
_ 5. Which of the following is an example of terminal punctuation?
A. Comma.
B. Question mark.
C. Quotation mark.
D. Colon.
Answers
terminal punctuation refers to punctuation marks used to identify the end of a portion of text.
Which sentence is TRUE?
A. You must accept ALL the aid in a financial aid offer.
B. All of the aid listed in Offer #2 is free, meaning it does not need to be paid back.
C. All universities use the same format for their financial aid offer.
D. You can choose to accept some of the aid listed in the financial aid offer and decline some aid.
Answers
The TRUE sentence is that D. You can choose to accept some of the aid listed in the financial aid offer and decline some aid.
What is a financial aid offer?A financial aid offer is a statement that explains the financial aid available in a college or career school.
In the financial aid offer, there may be provisions for:
GrantsWork-studyStudent loansScholarships.Financial aids make college or career school affordable to many students. Some financial aids are liabilities that must be repaid after schooling.
Thus, the TRUE sentence is Option D.
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to increase the wages of its members, a labor union might attempt to 1. lower the elasticity of demand for its labor. 2. increase the demand for union labor. 3. increase the supply of union labor.
Answers
The correct option is (2). A labor union might attempt to increase wages by increasing demand for union labor or lowering the elasticity of demand for its labor.
In order to increase the wages of its members, a labor union can use various strategies. One of the strategies is to lower the elasticity of demand for its labor. This can be done by creating a scarcity of labor, which can be achieved by limiting the number of workers who are members of the union or by creating barriers to entry into the labor market. Another strategy is to increase the demand for union labor. This can be done by promoting the value of unionized workers, highlighting their skills and experience, and emphasizing their positive impact on the economy.
Finally, the union can increase the supply of union labor by recruiting new members and training them to become skilled workers who can meet the needs of the labor market. By using these strategies, a labor union can increase the wages of its members and improve their overall working conditions.
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Elysha has a monthly gross income of $3,000 and a monthly debt load of $500. How can her debt-to-income ratio be classified?
Answers
Answer:
Her debt to income ratio is classified as favorable
Explanation:
The given information are;
Elysha's gross monthly income = $3,000
The amount she pays as debt each month = $500
Therefore, her debt to in to income ratio, DTI, is given as follows;
DTI = (Amount payed as debt)/(Gross income) = $500/$3,000 ≈ 0.167
We multiply by 100 to express the result as a percentage, to get;
0.167 × 100 = 16.7%
Given that her debt to income ration is less than 35%, her debt to income ratio is classified as favorable and she has a manageable debt.
Answer: Good—between 15 and 20 percent
Explanation: All you have to do is find what the different percents of 3,000 are and see which one is the closest.
What happens if you fail to pay your annual taxes?
Answers
Answer and Explanation:
Simply enough, the IRS comes for you and charges a failure to pay penalty. The penalty is 0.5% of your previous unpaid taxes for every month. So if you wouldn't want to lose more money, I'd suggest you pay your taxes.
Why do you think assistant coaches play such a significant role in these scandals?
Answers
Answer:
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Explanation:
Which is probably NOT true about building use cases?a) Analysts are involvedb) Users are involvedc) Major processes are analyzedd) Major costs are analyzede) External or internal triggers are analyzed
Answers
One of the steps involved in building a use case is to analyze major costs. This statement is probably not true about building use cases. The answer is (d).
Building use cases involve several steps, including identifying key stakeholders, defining objectives, analyzing major processes, and identifying external or internal triggers. Use cases are diagrams or narratives that describe how users interact with a system or process to achieve a specific goal. The primary goal of building use cases is to ensure that a new system or process is designed to meet the needs of its users.
Therefore, to build use cases, analysts and users are involved, and major processes are analyzed. The identified stakeholders can help determine the cost analysis, hence, the cost analysis is not an untrue statement about building use cases. This cost analysis helps the stakeholders to be better informed about the investment and resource requirements involved in building the use cases. So, the only untrue statement is that the major costs are analyzed while building use cases.
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What happens if you still have a balance on your credit card AFTER the company starts charging you interest?
A: The bank will make your interest payments for you
B: The bank will extend the 0% APR so you don't pay interest
C: The bank will offer you a 0% so they make no money off you
D: The bank will make money from the interest fees you pay
Answers
My reasoning is because banks will always make money of your interest and debt someway. This includes every bank in the world, it’s how banks can afford to stay open and hire employees.
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why is market development necessary ?