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german
2 years ago
14

Falling barriers to international trade destroy manufacturing jobs in wealthy advanced economies. Discuss this statement. Do you

agree? Why or why not?
Business
1 answer:
Ray Of Light [21]2 years ago
7 0

Answer:

Yes. I agree

Explanation:

Due to a fall in barriers to international trade, <u>companies in wealthy advanced economies now find it easier to move their manufacturing activities to other countries</u> with lower labor rates so that they can reduce their manufacturing costs.

This move means that manufacturing companies in the wealthy advanced economies have reduced job opportunities and as such, workers in this industry will suffer.

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Country X has currency C1 and Country Y has currency C2. The nominal exchange rate C2/C1 and GDP deflator P for Country X and P*
Kaylis [27]

Answer:

Explanation:

a)  

Year             percentage increase

2011               21.21162

2012       14.35054

2013       20.62696

b) Assuming C1 is the domestic currency, an increase in E will cause price of C2 in term of C1 to;   Decline

c) If the value of e decrease, given that E is increasing, then Country Y would be experiencing a lower rate of inflation compared to Country X  

d) if foreign goods are relatively less expensive compared to the domestic goods and assuming that the nominal exchange rate of the currencies is equity, then there is disparity in the real exchange rate.

3 0
2 years ago
Unscramble the vocabulary word from Chapter 12: yalplor
makvit [3.9K]

Payroll is your answer.

Payroll is a list that have all employees listed on it as well as the amount they were to be paid during a certain amount of time.

~

7 0
2 years ago
White &amp; Checker is releasing a new power drill that requires the manufacturing of a new part.They are considering whether th
gizmo_the_mogwai [7]

Answer:

A

Explanation:

Breakeven quantity is the number of units produced and sold at which net income is zero

The product should not be released because the demand is less than breakeven quantity. If the product is released, the firm would earn losses

8 0
2 years ago
1. Potash Corporation acquired the voting stock of Safestyle Company on January 1, 2019 for $50 million. Safestyle's book value
Nataly_w [17]

Answer:

The correct answer for you question is $53, 300, 000

Explanation:

I have attached the complete question for you refrence.

Answer : $53,300,000

Explanation:

Equity investment in Safestyle: Amount $'m

Year 2019:

Cash 50

add: Net Income 2019. 3

less: Impairment of Goodwill 2019 -1

Closing Balance 2019. 52

Year 2020:

Opening Balance 2020 52

add: Net Income 2020 1.8

less: Impairment of Goodwill 2020 -0.5

Closing Balance 2020 53.3

4 0
2 years ago
Timmons Corporation purchases office supplies for $350 cash. How would this transaction be recorded? Multiple Choice Debit Inven
9966 [12]

Answer:

Debit Supplies $350, credit Cash $350

Explanation:

The journal entry for the purchase of supplies is shown below:

Office supplies A/c Dr               $350

   To Cash A/c                                                      $350

(Being the office supplies are purchased for cash)

Since the office supplies are purchased for cash which means the supplies are increased and the cash balance is decreased.

That's why we debited the supplies account and credited the cash account.

3 0
2 years ago
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