All categories

1 year ago

A country with a trade surplus generally has a favorable balance of payments, which means?

Business

1 answer:

Anna [14]1 year ago

4 0

Trade with foreign nations brings in more money for the nation than it expends.

Why is there a trade surplus?

A trade surplus is an economic indicator indicating a favorable trade balance where a nation's exports are more than its imports.

Total Value of Exports minus Total Value of Imports is the trade balance.

When the outcome of the computation above is positive, there is a trade surplus.. It takes place when the outcome of the aforementioned computation is negative and is the opposite of a trade surplus, which denotes a net inflow. The Bureau of Economic Analysis in the US publishes trade balances on a monthly basis.

to know more about trade surplus

brainly.com/question/4126723

#SPJ4

You might be interested in

Which of the following financial statements is prepared as of a specific date? Group of answer choices Balance sheet. Income sta

musickatia [10]

Answer:

Balance sheet.

Explanation:

Options B, C, D are wrong because income statement, retained earnings statement, and statement of cash flows is prepared for a specific period. For example, an accounting year or a fiscal year. As a company is operating throughout the year, it can generate income, expenses, and dividends.

On the other hand, assets and liabilities are valued on a specific date. Therefore, option A (balance sheet) is correct.

7 0

3 years ago

Who is the best rapper ever ?

Jet001 [13]

Answer

Notorious B.I.G.

8 0

3 years ago

Read 2 more answers

Kathy has naturally curly hair and has often been disappointed with the haircuts she has received. When she moved to a new town,

aivan3 [116]

Answer: Performance risk

Explanation:

Performance risk can be defined as the concern or risk that a person has when acquiring service and that it does not work effectively. A person may have a concern of not knowing if what he is going to acquire is going to work in the desired way, this is the fear presented by Kathy. Kathy has already had a bad experience regarding her hair, where she has not received the best service in terms of haircuts. After she moved to a new city, she started researching where it can get a good haircut. While it is true that she may find someone who does it well, Kathy still has concerns that it may not look good because of her past experiences.

5 0

3 years ago

Haag Corp.'s 2015 income statement showed pretax accounting income of $1,250,000. To compute the federal income tax liability, t

Galina-37 [17]

Answer:

$80,000

Explanation:

The taxable Income of the Haag Corp can be calculated using the following formula:

Taxable income=Pretax accounting income-income exempt for tax purposes-excess depreciation allowed for tax purposes.

Applying the above formula to the given question:

Pretax accounting income: $1,250,000

Income from exempt municipal bond: ($50,000)

Excess depreciation deducted for tax purposes ($100,000)

Taxable income $1,100,000

Tax on taxable income(30%*1,100,000) $330,000

Less: Federal income tax already paid ($250,000)

Tax Liability to be included in Hagg's balance sheet $80,000

8 0

3 years ago

Walmart's decision to build fulfillment centers illustrates which force in Porter's Five Forces Model?

serg [7]

Answer:

the correct answer is D. threat of new entrants

good luck

5 0

3 years ago