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1 year ago

Analyze the reasons China has a twin surplus. What are the repercussions of this fact over a long period of time.

Business

1 answer:

grin007 [14]1 year ago

3 0

The double surplus of worldwide stability of payments leads to the excessive boom of foreign exchange reserves.

Due to the fact region II runs trade (and perhaps funding income) and cutting-edge account surpluses, it's miles in the section of the young creditor kingdom. Combining the 2 areas as an entire, China runs “dual surpluses”—with a $50 billion USD contemporary account surplus, and a $100 billion USD capital account surplus, respectively.

Some of the explanatory factors for this surplus relate to the health crisis. The pandemic has caused a distortion in global demand away from leisure, tourism, and commodities, which China imports in huge quantities, toward clinical merchandise, IT, and domestic equipment, which China exports.

Furthermore, China's goods alternate surplus, the biggest contributing element to the modern-day account surplus, has long been sustained by using processing alternate which imports additives to make finished products for exports.

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Being promoted is likely to change your priorities because you will have _______. a. to begin dressing and acting much more form

frutty [35]

The correct option is b. new responsibilities to learn and people will expect much from you.

Getting promoted is most likely to cause you to reevaluate your priorities as you will have more obligations and higher expectations.

<h3>What is job promotion?</h3>

Promotion in the context of a career means raising a worker's position or rank within a hierarchical structure. Promotion in the context of marketing denotes a distinct form of advancement.

The term "promotion" is used in a variety of settings; two of the most common ones are when talking to a career promotion and when discussing the marketing strategy of promoting a product.

Some key features of promotion are-

An employee who has demonstrated remarkable performance or who has acquired the required skills and knowledge to take on more responsibility at work is typically given a job promotion.
In the latter scenario, the worker might have to put in a certain number of hours with the organization before becoming qualified for a promotion.
For instance, a person who starts out as an analyst at an investment bank might need to serve three years in the this capacity before being given consideration for promotion to a coordinate and control.
A promotion may come with increased perks and management control over other employees in addition to a pay raise.

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4 0

1 year ago

Lauren hires Humphrey, a CPA, to audit her financial statements. The engagement letter includes a statement acknowledging that a

klio [65]

Answer:

it was a foreseen party

Explanation:

Key Largo bank would most likely sue Humphrey on the ground that it was a foreseen party. This is because Humphrey(CPA) being an auditor, knew that the audited financial statements are required for a filing with the regulatory body. Moreover, the auditing firm- Humphrey knew about the specific purpose of the audit report including the fact that his or her opinion(report) will will relied upon by other parties hence a foreseen third party for the auditor.

Based on the aforementioned, Key Largo Bank can sue Humphrey because he is aware of the intended purpose of the audit report.

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3 years ago

In the game of economics, producers get information they need to determine how much people are willing to pay for a good or serv

Ira Lisetskai [31]

Answer:

The correct answer would be option D, Consumers.

In the game of economics, producers get information they need to determine how much people are willing to pay for a good or service from Consumers.

Explanation:

In the game of economics, consumers are the ones who will consume the products produced by the companies/producers, and they are the ones who will determine how much they are wiling to pay for a good or service.

For example, if a product's price is set at 5 dollars but no one is willing to pay 5 dollars for that product, then producers have to lower the prices to meet the customers' demands, and to sell their products.

So in this way, customers determine the prices of the products.

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8 0

3 years ago

Read 2 more answers

Vijay Inc. purchased a 3-acre tract of land for a building site for $420,000. On the land was a building with an appraised value

PtichkaEL [24]

Answer:

$433,900

Explanation:

The computation of the capitalized cost of the land is shown below:-

Capitalized cost of the land = Purchase price + Demolition of building + Title insurance + Attorney fee + Property taxes covered during the period - Scrap value from the building

= $420,000 + $12,000 + $900 + ($3,000 - $500) - $1,500

= $420,000 + $12,000 + $900 + $2,500 - $1,500

= $435,400 - $1,500

= $433,900

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2 years ago

Tracy Brady is in the process of developing an exciting new product in the smartphone industry. She'd like to show a preliminary

Westkost [7]

Answer:

Concept

Explanation:

Tracy is about to launch a new product but before that, she is interested to get initial feedback from experts and customers. In order to show them how the product works and to share small details to better understand the product, Tracy needs to complete and distribute the concept statement. It will help customers and industry experts to know the purpose and the plan of Tracy.

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3 years ago

Read 2 more answers