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Bezzdna [24]
1 year ago
7

in addition to the production and consumption side deadweight losses, what are some of the other potential costs of tariffs?

Business
1 answer:
tatiyna1 year ago
7 0

The another potential cost of tariffs are they raise the price of imported goods.

What are imported goods?

  • Imported goods are those goods which the government purchases from the international market form the foreign country at higher prices.
  • Imports are products or services manufactured abroad and purchased in your home country.
  • Imported goods and services are attractive when domestic industries cannot produce similar goods or services cheaply or efficiently.
  • Exports are goods sold in foreign markets and imports are foreign goods purchased in domestic markets.
  • Imports and exports are important for economic development and growth because not all countries have the necessary resources and skills to produce certain goods and services.
  • These are those goods which comes inside in our country from the foreign land.

Thus, when imports are higher it increases the cost of tariffs.

To know more about imported goods refer to:

brainly.com/question/1158872

#SPJ4

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Several months ago, Ayers Industries Inc. experienced a hazardous materials spill at one of its plants. As a result, the Environ
Bess [88]

Answer:

contingent liabilities are journalized when they are both probable and estimable.

EPA's fine, states it is probable it will stand.

Damage awards and fines DR $248,000

Contingent Liability-fines CR $248,000

Out of court settlement for $130,000. Although since the settlement was just reached, we would just use a payable account.

Damage awards and finesDR $130,000

Awards payable CR $130,000

The homeowner lawsuit is not thought to be a strong case, plus the amount of any actual damages is unforeseeable, therefore a journal entry would not normally be needed at all. Although those would still be disclosed to shareholders on financial statements.

7 0
3 years ago
Personalization and customization are part of an e-commerce's: A) channel integration strategy. B) web analytics. C) cyber secur
AlexFokin [52]

Answer:

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

Explanation:

Brand participation strategy is a commitment provided by companies for a brand. This is brand recognition with its engagement and express marketing. Social media has helped to increase the willingness of customers to engage with products with a new standard for brands and to build new connections between brands and customers.

7 0
3 years ago
How does a lender in the primary mortgage market earn money when a loan is originated?
Arlecino [84]

Mortgage lenders can make money in a variety of ways, which includes origination fees, discount points,  yield spread premiums, closing costs, loan servicing and mortgage-backed securities.

Yield spreads are the spreads which  include the spread of the rate which any lender pays for money borrowed by them from larger banks and the rate which they charge from borrowers.

Closing costs are the fees which the lenders may take from  th8e borrower include application, underwriting, processing, loan lock, and other fees.

Lenders always use their funds when they extend mortgages, they  charge an origination fee of 0.5% to 1% of the loan value for extending this , which becomes due with mortgage payments.

To know more about the mortgage lenders here:

brainly.com/question/28222316

#SPJ4

4 0
2 years ago
Munchkin is a popular baby clothing brand. The founder of the company, Isabel, conducts a brainstorming session with her employe
Elena L [17]

Answer:

B) upward communication

Explanation:

Upward Communication -

It refers to the flow of information from the lower level to the higher level in the company, is referred to as upward communication.

The method helps to pull out thought and innovative technique from all the employees working in the company , and is used for the betterment of the company.

It helps to have a healthy conversation and decision making process, which helps the company to grow.

Hence, from the question,

The company Munchkin takes idea from all the employees and tries to implement it into the company, thereby showcasing the method of upward communication.

3 0
4 years ago
Jason works at a call center for an insurance company, and he has been answering calls regarding auto insurance. Recently, he st
Vikentia [17]

Answer: pay-for-knowledge

Explanation:

Pay-for-knowledge is a form of payment system whereby increase in ones wage or salary pay are linked to when the person has successful completed a training.

Pay-for-knowledge is a high performance work practices due to the fact that it brings about employee development and skill formation. This is the payment method which has been set aside for Jason in the question above

7 0
3 years ago
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