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dimaraw [331]
2 years ago
11

The united states and kenya are exploring the possibility of a trade deal. ________ refers to a situation in which a government

does not attempt to restrict what its citizens can buy from or sell to another country.
Business
1 answer:
SVEN [57.7K]2 years ago
3 0

Free trade refers to a situation in which a government does not attempt to restrict what its citizens can buy from or sell to another country.

<h3>What is Free trade?</h3>

A free trade policy is one in which imports and exports are not restricted. It is also known as the free market concept applied to international trade.

Goods and services can be bought and sold across international borders with little or no government tariffs, quotas, subsidies, or bans impeding their interchange under a free trade policy. Trade protectionism and economic isolationism are the polar opposites of free trade.

Without the impact of tariffs, quotas, or subsidies, free trade allows consumers to pick what is best for them. Increased international competitiveness provides similar benefits to increased domestic competition: - Greater efficiency. - More variety and distinctiveness.

To know more about Free trade follow the link:

brainly.com/question/10608502

#SPJ4

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The Pioneer Company has provided the following account balances: Cash $38,600; Short-term investments $4,600; Accounts receivabl
Artyom0805 [142]

Answer:

Total Current Assets      $ 100,800

Explanation:

The current asset are those assets which are cash cash or the firm expect to convert in cash within a 12 month period (one-year)

Assets with a useful life or collection date longer than a year will be considered non-current thus, non included in current asset

Cash                                $  38,600

Short-term investments $     4,600

Accounts receivable      $    51,000

Supplies                        <u>  $     6,600  </u>

Total Current Assets      $ 100,800

4 0
3 years ago
In a market economy, prices are established by
Aloiza [94]
In a market economy, prices are established by C. the interaction of supply and demand.
According to how much people buy a product, and how much of that product there is, prices are going to be established accordingly. 
8 0
3 years ago
Read 2 more answers
When a company employs statistical tools to reduce the likelihood of a product recall, this best represents what type of decisio
Gwar [14]

Quality best represents to reduce the likelihood of a product recall

There are many different statistical tools available, some of which are straightforward, some complex, and many of which are quite specialized for certain uses. Comparing data, or groups of data, in analytical activity is the most crucial common procedure for calculating accuracy (bias) and precision. Fortunately, much of the information required in routine laboratory work can be acquired using a few easy-to-use statistical tools: the "t-test," the "F-test," and regression analysis. As a result, examples of these will be provided in the following pages. Clearly, statistics are a tool, not a goal, and a skilled and committed analyst may find simple data examination, without statistical treatment, to be just as beneficial as statistical numbers on their desk.

To know more about statistical tools refer to brainly.com/question/28214875

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7 0
1 year ago
In business, a message written to right a wrong is called a claim. Straightforward claims are those where the receiver is expect
REY [17]

Answer: A clear statement of the problem

Explanation:

The opening of a direct claim message should clearly state the problem that you would like to be addressed by the receiver and would set the tone for the rest of the message.

Claim messages are formal messages and as such, should be clear and concise so that the message is communicated effectively and there is a lesser chance of the message being misread. This is why the message should be clearly stated, so that the receiver understands it and responds in kind.

5 0
3 years ago
Units Unit Cost Inventory, Jan. 1 8,000 $11 Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 If 9,000 units are on hand at
Lostsunrise [7]

Answer:

The answer is: $100,000

Explanation:

Under LIFO (last in, first out) costing method, we use the oldest costs are used to determine the ending inventory:

We were given the following data:

  • Jan. 1: 8,000 purchased at $11 per unit
  • June 19: 13,000 purchased at $12 per unit
  • Nov. 8: 5,000 purchased at $13 per unit

If the ending inventory had 9,000 units, then its total cost is:

Ending inventory = (8,000 units x $11 per unit) + (1,000 units x $12 per unit)

Ending inventory = $88,000 + $12,000 = $100,000

3 0
3 years ago
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