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2 years ago

True or false: japan generally runs a significant trade surplus because of the structural barriers against imports into japan

1 answer:

5 0

The statement, Japan generally runs a significant trade surplus because of the structural barriers against imports into Japan, is true.

As Japan's savings rate is high relative to Japan's domestic investment, Japan generally runs a trade surplus. Thus, the result is high net capital outflow which is matched by high net exports, resulting in a trade surplus.

Japan's overall trade surplus is the result of its exports in the scientific and optical equipment, rubric machinery, semiconductors, electronic parts, and telecommunications equipment. Now the current account surplus has been shrinking for four fiscal years in a row.

Hence, in 2019, Japan reported the biggest trade surpluses with different countries.

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What is a critical factor in determining whether something gets produced as a public good?

snow_lady [41]

Cost is a critical factor in determining whether something gets produced as a public good.

Explanation:

In the areas of manufacturing, science, trade and accounting, the expense is the value of money used to create or provide a service and is therefore no longer readily available. The costs can be one of acquisitions in industry, whereby the amount of money paid to buy it is deemed to be an expense.

In this case, the money is the input to obtain the object. The purchase price might be the sum of the cost of production paid from the original manufacturer and other transaction costs borne by the consumer above and beyond the price paid to the seller. The price usually often provides a profit margin on production costs.

Direct costs include consumables, related supplies, selling fees and inventory.

4 0

3 years ago

Without a strong legal systems in a market economy:

STALIN [3.7K]

Answer:

A) private-sector entrepreneurs can expropriate the profits generated by the efforts of private and public entities.

Explanation:

As there exist four basic structures of the market economy in the form of perfect competition, imperfect competition, oligopoly, and monopoly.

Thus without any legal system of trade in the market economy, the profits that are generated by the public and private sectors can be taken away by these entities as a large number of small firms tends to compete in the market against each other with there homogenous products.

Thus under such circumstances, the market economy would deprive all the profits made by the other forms in the market and put barriers to entry for others. Buyers thus will be deprived of the quality products.

5 0

3 years ago

If you wish to enter the field of soil and

faltersainse [42]

4 year college degree is the minimum educational goal to attain if one wish to enter the field of soil and forest conservation.

The 4 year college degree is tantamount to the Bachelor degree achieved from University, college etc.

Usually, the position of forestry and related job requires the minimum of Bachelor degree from related course in the field of soil and forest conservation.

Hence, the 4 year college degree is the minimum educational goal to attain if one wish to enter the field of soil and forest conservation.

Therefore, the Option C is correct.

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6 0

3 years ago

north company budgets overhead costs for the next year of $5,240,000 for indirect labor and $550,000 for factory utilities. the

grin007 [14]

The company's plantwide overhead rate is calculated to be $38.60 per machine hour.

The company's plantwide overhead rate can be calculated by dividing the sum of overhead costs of indirect labor and factory utilities by the total machine hours planned for the next year. As the overhead cost of indirect labor is $5,240,000 and the overhead cost of factory utilities is $550,000; the plantwide overhead rate can be calculated as follows;

plantwide overhead rate = (overhead cost of indirect labor + overhead cost of factory utilities) ÷ machine hours

plantwide overhead rate = $5,240,000 + $550,000 ÷ 150,000

plantwide overhead rate = 5,790,000 ÷ 150,000

plantwide overhead rate = 38.60

Therefore, the plantwide overhead rate is calculated to be $38.60 per machine hour.

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8 0

1 year ago

pencer Co. has a $300 petty cash fund. At the end of the first month the accumulated receipts represent 553 for delivery expense

otez555 [7]

Answer:

c) Credit to Cash for $242

Explanation:

Petty cash, beginning = $300

Delivery expense = $53

Merchandise inventory = $167

Miscellaneous expense = $22

Petty cash, Ending = $58

The journal to record the reimbursement of the accounts will be:

Event Account Title and Explanation Debit Credit

1 Delivery expense $53

Merchandise inventory $167

Miscellaneous expense $22

Cash $242

4 0

3 years ago