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MrRissso [65]
2 years ago
14

buying products produced in another country is known as multiple choice importing. trade protectionism. comparative advantage. e

xporting.
Business
1 answer:
lina2011 [118]2 years ago
5 0

Buying products produced in another country is known as importing.

Exporting is selling products done in the country abroad.

Trade protectionism is a State's disposition that interferes with free trade in order to protect and encourage local production.  It consists of barriers to importation, like heavy duties or prohibition of importing certain products.

Comparative advantage is the specialization in the production of a certain good that has lower opportunity costs of production than competitors. For example, a country with plains and grasslands has a comparative advantage for specialization in agriculture.

As you can see, importing is the correct answer, because it consists of buying goods and services abroad for consumption in one's country.

Learn more in the link below:

brainly.com/question/4126723

#SPJ4

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Coca-Cola spent $102 million through The Coca-Cola Campaign focusing on water stewardship, healthy and active lifestyles, commun
dem82 [27]

Answer:

True

Explanation:

The efforts made by company to contribute towards sustainable development and improvement of society is called Corporate Social Responsibility(CSR).

By practising social responsibility it tries to be conscious of the social, economic and environmental impact it is having on the society. If a company is engaged in CSR, it means that a company is making positive contribution to environment and society.  Philanthropy is one way in which company indulges in CSR. It is helpful for both the corporation and the employees. It helps the company to form stronger bond with employees and boosts their morale.  

7 0
4 years ago
The marginal utilities associated with the first 5 units of consumption of good Y are 15, 15, 10, 7, and 3, respectively. What i
julsineya [31]

Answer:

Total utility is 50

Explanation:

Mathematically;

TU = U1+MU2+MU3+MU4+MU5

TU = Total utility

U1= utility of 1st product of good Y

MU2= Marginal utility of 2nd product of good Y.............

MU5= Marginal utility of 5th product of good Y

Solution:

TUy= 15+15+10+7+3

TUy= 50.

6 0
3 years ago
Uma and edward are assigned to partner on a project, but they have never worked together before. uma texts edward, "are you avai
EastWind [94]
<span>In a situation in which Uma </span><span>and Edward are partners on a project, but they have never worked together and Uma </span>texts Edward, "Are you available to meet at four this afternoon?" Edward replies, "yep. cu then." Uma should gently remind Edward to be more formal and better to use e-mails than texting.

4 0
3 years ago
Steven's Auto is trying to decide whether to lease or buy some new equipment costing $23,000 that has a life of three years, aft
jolli1 [7]

Answer:

$1,241

Explanation:

For computing the net advantage to leasing first we have to determine the total cash flow from leasing and total cash flow from buying which is shown below:

For leasing:

Year       Lease payment      PVF at 5.8%    Present value

1              $6,500                   0.9452             $6,144

2             $6,500                   0.8934             $5,807

3              $6,500                  0.8444              $5,489

Total outflow                                                   $17,440

For buy:

Year      Outflow or inflow     PVF at 5.8%    Present value

0            ($23,000)                    1                      ($23,000)

1              $1,610                       0.9452             $1,522

2             $1,610                        0.8934             $1,438

3              $1,610                       0.8444              $1,359

Total outflow                                                   $18,681

Now the net advantage to leasing is

= Buy outflow - leasing outflow

= $18,681 - $17,440

= $1,241

7 0
4 years ago
Purchased goods for $4,100 from Diamond Inc. with terms 2/10, n/30. 5 Returned goods costing $1,100 to Diamond Inc. for credit o
bazaltina [42]

Answer: $3,940

Explanation:

Purchase from Diamond

The company received a discount of 2% because they paid within 10 days as per the terms of the sale.

Cost of inventory from Diamond:

= (Cost of goods - Returns) * (1 - 2%)

= (4,100 - 1,100) * 98%

= $2,940

Purchase from Club

Discount period expired so the full $1,000 is paid.

Total inventory cost:

= 2,940 + 1,000

= $3,940

4 0
3 years ago
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