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1 year ago

What economic theory would be most likely to make a person oppose taxing imports?

Business

1 answer:

aleksklad [387]1 year ago

5 0

The economic theory most likely to make a person oppose taxing imports is "Laissez-faire"

"Laissez-faire" is an economic theory that opposes the government's involvement in economic affairs.

Imposing a tax on imports can have implications for local businesses.

Thus, this theory gained popularity in the USA in the 18th century opposing the government's intervention in economic affairs.

It's a French phrase that means "Let us do," because people believed that imports and exports should be managed by states and not the central government.

Scholars believed that economies go down when governments start imposing taxes on imports.

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Therefore, the correct option in this case is (e)

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3 years ago

as the industrial revolution came to the united states, most firms operated in a(n) orientation. a. evolutionary b. societal c.

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1 year ago

Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $70. Limit Buy

harkovskaia [24]

Answer:

$69.80

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When we look carefully at the sell order book, we observe that the only sell order containing the specified quantity of 120 units of shares at a price close to the market price is $69.80. Even though there are other cheaper orders are available, their order quantity does not match the market buy order for the 120 shares and thus would not be filled.

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2 years ago

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2 years ago

Jose received $550 for his birthday from his family. He wishes to buy a motorcycle and decides to use his birthday money towards

vladimir2022 [97]

Answer:

$619.75

Explanation:

This is a problem of future value with compounded interest.

The equation that describes the future value of an amount (P) deposited for a period of 'n' years at an annual rate (r) compounded quarterly is:

$FV = P*(1+\frac{r}{4})^{4n}$

For a $550 investment at 4% per year for 3 years, the future value is:

$FV = 550*(1+\frac{0.04}{4})^{4*3}\\FV=\$619.75$

In 3 years, Jose will have $619.75 available towards the down payment for his motorcycle.

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3 years ago