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1 year ago

According to the diversification-for-stability argument, why should some nations impose protective tariffs and import quotas

Business

1 answer:

Artyom0805 [142]1 year ago

5 0

Their economies are highly specialized and depend on international trade for their income.

<h3>What is income?</h3>

Income is the consumption and saving opportunity gained by an entity over a given time period, which is usually expressed in monetary terms. Income is difficult to define conceptually, and definitions vary across fields.

Income is defined as the amount of money received by a person, group, or company over a specific time period. A salary of $70,000 per year is an example of income.

Income is money received by an individual or business in exchange for labor, the production of a good or service, or the investment of capital. Individuals typically earn money through wages or salaries, whereas businesses make money by selling goods or services for more than their cost of production.

To know more about income follow the link:

brainly.com/question/25895372

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Select all the decision-makers that experience scarcity.

g100num [7]

Here are the answers of the given question above. The decision-makers that <span>experience scarcity are the following: governments, companies, and individuals, except for capital goods since capital goods is not a decision-maker. Hope this is the answer that you are looking for. Have a great day!</span>

3 0

3 years ago

The liquid that pass through the filter is know as<br>

garri49 [273]

Answer:

FILTRATE is the fluid that passes through a filter paper

RESIDUE is the left-over substances on the filter paper

FEED is the liquid poured on to the filter paper

5 0

2 years ago

Read 2 more answers

When considering where to export, advantages to managers of focusing on a nation that is already a sizable purchaser of goods co

NNADVOKAT [17]

Answer:

Option "C" is the correct answer to the following statement.

Explanation:

While deciding where to sell, export and import laws are not insuperable for managers to rely on a country that is a large consumer of goods imported from native countries.

Many products sold to a foreign investor need no export license. Both products are however subject to the laws and legislation on export control.
The easiest way to find if an item needs an export license is to verify which authority has control over the commodity you are attempting to sell, or controls it.

7 0

2 years ago

During a period, an RV company purchased three vehicles for $33,000, $46,000, and $24,000, and sold two of them for $125,000. Us

Georgia [21]

Answer: $68,000

Explanation:

If the inventory that remains is the $46,000 then that means that the cars costing $33,000 and $24,000 have been sold.

With specific identification, the actual prices of the stock are used so the cost of goods sold is:

= 24,000 + 33,000

= $57,000

The gross profit is therefore:

= Sales - Cost of goods sold

= 125,000 - 57,000

= $68,000

7 0

2 years ago

A subsistence economy is one that ________.

Salsk061 [2.6K]

The answer is a vast majority of people engage in simple agriculture. This kind of economy is a non-monetary economy which depend on natural resources to be responsible for basic needs, over and done with shooting, gathering, and subsistence agriculture.

3 0

3 years ago