Answer to Question #189540 in Economics for ntombi mshango

Question

Most South African companies struggle to complete with products from countries like China and America when it comes to prices . To mitigate this challenge , owners believe that the government should raise tariffs for imports . However , the government will not be able to increase imports tariffs , as it has concluded free trade agreements with different countries globally

Which one of the following components of the macro-environment relates to the scenario?

1 Social environment

2 Physical environment

3 International environment

4 Technological environment

Answer 1

The international macro-environment (supranational macro-environment) brings together all the uncontrollable factors with a global impact, and it is related to the organization's indirect relationships on international markets.

So, the correct answer is 3.