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3 years ago

How does a weak currency give a country an unfair advantage in trade?.

Business

1 answer:

harina [27]3 years ago

6 0

Answer:

From the countries point of view with the weaker currency, their goods are relatively cheaper to other countries, and other countries goods are relatively more expensive to this country (Say Country A) as they have a weaker currency.

From the point of view of Country B, with a stable currency, Country A's goods are relatively cheaper because they have a weaker currency.

Due to this scenarios, Country B will export less to Country A than import because Country B will be buying more of Country A's product as it is relatively cheaper. It will export less to Country A because Country B's products are relatively more expensive to Country A due to their weak currency.

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Q2.Parent Company acquired 90% of Son Inc. on January 31, 20X2 in exchange for cash. The book value of Son's individual assets a

Liula [17]

Answer:

Journal entry that Parent will make on the date of acquisition to record the investment in Son Inc. is <u>$1035000.</u>

Explanation:

Journal entry Parent make on the date of acquisition to record the investment in Son Inc.

The net worth of Son’s Inc. is $ 1150000. The parent acquires 90 % of it . So we assume that 90 % stock is held by parent for $ 1035000.

5 0

4 years ago

Caspian Sea Drinks needs to raise $26.00 million by issuing additional shares of stock. If the market estimates CSD will pay a d

Klio2033 [76]

Answer:

The number of shares needed to raise $26 miliion will be 590909 shares.

Explanation:

To calculate the number of shares needed to raise $26 million, we first need to findout the price per share at which shares are issued. The fair value or the price per share can be caclculated using the constant growth model of the DDM approach. Thus, the price per share today will be:

P0 = 2.46 / (0.1024 - 0.0465)

P0 = $44.007 rounded off to $44

Thus, at the price of $44 per share, number of shares needed to raise $26 million will be:

No of shares = 26,000,000 / 44 = 590909.0909 rounded off to 590909 shares

4 0

3 years ago

Read 2 more answers

Joachim is the sales manager of a large car dealership. He wants to increase sales significantly over the next 12 months, and he

Anastasy [175]

Answer:

making business Strategy

Explanation:

As he and his staff has already planned out what they have to sell . He is now making a business strategy to implement. Business strategy is developed to achieve the desired results within the required time and with the given opportunities or circumstances. In other words it is a master plan set out to get the required results within a specific environment with specific alternatives.

5 0

3 years ago

Charles, the president of an IT company, is friends with Levi, the CEO of Cyber Industries, a company that develops and manufact

Akimi4 [234]

Answer: Option A

Explanation: In simple words, Ponzi scheme refers to a scheme in which a company deceit their earlier investor by paying them from the funds of recent investors in the form of profits.

In the given case, Levi deceited Charles by making him believe of a strategy that may or may not exist in his organisation. Thus, he will pay charles from the money that he will gain from the market after the announcement of the new processor.

Hence from the above we can conclude that the correct option is A.

7 0

4 years ago

All of the following may be negotiated between a client company and a contractor EXCEPT: a. quality standards b. selection crite

kifflom [539]

Answer:

Option B is correct

Explanation:

Selection criteria for scoring models may not be negotiated between a client and a contractor.

5 0

3 years ago

Read 2 more answers