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stich3 [128]
1 year ago
7

Should the home country be "large" relative to the world, its imposition of a tariff on imports would lead to an increase in dom

estic welfare if the terms-of-trade effect exceeds the sum of the:_________
a. revenue effect plus redistribution effect.
b. protective effect plus revenue effect.
c. consumption effect plus redistribution effect.
d. production distortion effect plus consumption distortion effect.
e. None of the above.
Business
1 answer:
denis23 [38]1 year ago
4 0

Answer:

Option e. is correct

Explanation:

The Terms of Trade is equal to the average price of exports / by the average price of imports. The terms-of-trade refers to the relative price of exports in terms of imports.

Protective effect refers to the wasted resources due to production of good at a higher cost. Consumption effect refers to the loss to consumer due to higher price that leads to less consumption.

Should the home country be "large" relative to the world, its imposition of a tariff on imports would lead to an increase in domestic welfare if the terms-of-trade effect exceeds the sum of the <u>protective effect plus consumption effect</u>

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Luke is the owner of Fun Times, a U.S. event-planning company. He plans to open an event-planning company, Events &amp; Adventur
Ilia_Sergeevich [38]

Answer:

The answer is d. wholly owned subsidiary

Explanation:

A wholly owned subsidiary is a company whose entire stock is held by another company, called the parent company. In this case Fun Times will own 100% of Events & Adventures'  common stock.

3 0
1 year ago
Last year, your company had sales of $2.4 million. The firm's costs of goods sold amounted to 34% of sales. The firm also paid c
tangare [24]

Answer:

tax expense: 34%        103,020 dollars

Explanation:

Sales                         2,400,000

COGS 34% of sales<u>    (816,000)  </u>

Gross profit                1,584,000‬

other operating        (1,200,000)

depreciation                  (80,500)

interest expense

450,000 x 9%                (40,500)

gain on investment   <u>      40,000  </u>

Income before taxes    303,000

tax expense: 34%        103,020

The dividends paid are not an expense or revenue for the period. is the distribution of prior period gains.

5 0
2 years ago
Management's greatest single concern is ________, which is the movement of money through an organization over a daily, weekly, m
d1i1m1o1n [39]

The movement of money through an organisation over a a daily, weekly, monthly, or yearly basis.

3 0
2 years ago
Which of the following statements is true of ISO 9000? Group of answer choices It is a sustainability certification for those in
sergejj [24]

Answer:

The correct answer is the last option: All of the above are true.

Explanation:

To begin with, the name of <em>"ISO 9000"</em> refers to a set of standards that help to any type of organization to be better at its main goal or purpose when it comes to satisfies its stakeholders' needs. Moreover, those standards focus on the control of the quality of the company and also in the management of its managers and the whole gruop of employees as well. In addition to that, it also helps the clients to know which companies are the best of the best in what they do, by having the certificate of ISO 9001 and only the companies that complete with those standards are the ones in getting it so therefore that they must have every process properly documented.

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2 years ago
Home of households, inc., has an appliance manufacturing plant in the chicago area. the company specializes in producing smaller
Allushta [10]

Answer:

Exporting.

Explanation:

Exporting is the process where goods and sert are produced on one country and sold to buyers in another country. Usually contries produce goods they in which they incur low cost compared to other countries for export.

Home of households produces smaller washers and dryers for countries where consumers have less living space. So they are exporting.

6 0
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