1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Korvikt [17]
2 years ago
5

A market-sharing pact negotiated by trading partners that results in voluntary quotas applied to exports in order to protect the

importing country's domestic firms is called a(n):
Business
1 answer:
Gnesinka [82]2 years ago
6 0

The market-sharing pact or agreement negotiated by trading partners that give rise to voluntary quotas of exports aimed at protecting the importing country's domestic firms is called a <u>voluntary export restraint (VER)</u>.

<h3>What is voluntary export restraint (VER)?</h3>

Voluntary export restraints (VER) are export arrangements between exporting and importing countries so that the exporter agrees to limit the number of some exports.

VER allows the importing country's domestic firms to survive export dumping.  It is the opposite of voluntary import expansions (VIE).  VIE, which is a part of international trade agreements, allows for more imports by lowering tariffs or dropping quotas.

Thus, the market-sharing pact negotiated by trading partners allowing for voluntary quotas on exports is called <u>voluntary export restraint (VER)</u>.

Learn more about international trade agreements at brainly.com/question/1465144

You might be interested in
Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 25 million bottles of wine were sold ev
Solnce55 [7]

Answer:

Explanation:

From the question, we are informed that before the tax, 25 million wine bottles were sold at price of $6 per bottle and that after the tax, 20 million bottles of wine are sold every month and the consumers pay $8 per bottle which include the tax and producers receive $5 per bottle.

The amount of tax on wine will be the difference between the price consumers pay after the tax and the price producers receive. This will be:

= $8 - $5

= $3 per bottle

The tax burden that falls on the consumers will be difference between price paid after tax and the price which is paid before the tax.

= $8 - $6

= $2 per bottle

The tax burden on the producers will be difference between price received before the tax and price received after the tax.

= $6 - $5

= $1 per bottle

5 0
3 years ago
Interest rates can be measured more accurately and quickly than reserve aggregates; hence an interest rate is preferred to the r
7nadin3 [17]

Answer:

False

Explanation:

This is false.

In reporting reserves aggregate there are lags interest rate such as the federal interest rate are quite easy to measure and easily observable. Such short term interest rate are nominal values and they do not measure the real cost of borrowing well. It does not show accurately what happens to Gross domestic product. Real interest rate equals nominal interest rate as a ratio of reduced inflation gives a representation of true cost of borrowing.

We cannot say with certainty that interests rate is a better policy instrument based on the ground of measurability.

7 0
3 years ago
Mount Company incurred a total cost of $8,600 to produce 400 units of pulp. Each unit of pulp required 5 direct labor hours to c
Sophie [7]

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

Total cost = $8,600

Total units = 400 Units

Direct labor hour per unit = 5

Variable cost = $1.50

So, we can calculate the fixed cost by using following formula:

Fixed cost = Total cost - Total Direct labor cost

Where, Total direct labor cost = $1.50 × 5 × 400 = $3,000

By putting the value in the formula, we get

Fixed cost = $8,600 - $3,000

= $5,600

5 0
3 years ago
Which of the following least demonstrates using leadership and teamwork skills to accomplish a goal?
sleet_krkn [62]

Answer:

i would say asking a team member in a team meeting why their work is lagging behind schedule

Explanation:

4 0
3 years ago
What steps should you take when preparing to establish an investment program
elena-14-01-66 [18.8K]

you should outline your goals: how do i spend my money; how much do I need to satisfy my goals.. how will i get the cash.. how long will it take to save the money...how much risk am i willing to take when i invest...what conditions in the economy or in my life could change my investment goals... are my goals reasonable... am I willing to make sacrifices to save... what will happen if I do not meet my goals.. Just some questions to ask yourself.

8 0
3 years ago
Other questions:
  • On January 1, 2017, MM Co. borrows $350,000 cash from a bank and in return signs an 4% installment note for five annual payments
    14·1 answer
  • Which of these are characteristics of successful entrepreneurs?(select four answers)
    6·1 answer
  • There's a large number of bakeries in the United States and each of these bakeries produces similar, but not identical, products
    7·1 answer
  • Tariffs refer to
    12·1 answer
  • When a country that imports shoes imposes a tariff on shoes, buyers of shoes in that country become worse off.
    10·1 answer
  • "Have you considered paying workers for what they produce? I found that when I paid employees by the piece, their productivity w
    13·1 answer
  • Carl and Nancy Johnson prepared a household budget in an attempt to manage their money better. As part of their budgeting proces
    7·1 answer
  • Cantor Co. purchased a coal mine for $2,000,000. It cost $500,000 to prepare the coal mine for the extraction of the coal. It wa
    8·1 answer
  • ROK Corporation has provided you with the following information for 2010: (hint - set up T accounts for all accounts and post th
    10·1 answer
  • How are credit unions different than banks?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!