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1 year ago

The economic interdependence among nations is often measured by their ___________.

Business

1 answer:

Andrew [12]1 year ago

7 0

The economic interdependence among nations is often measured by their openness.

What is economic interdependence?

The term "economic interdependence" refers to a measurement of the value of economic exchanges between two nations or between a nation and the rest of the globe, sometimes scaled to total national production or some other indicator of total financial assets. Globalization is one of the effects of economic interconnectedness. Each country's economy is at this point reliant on the supply of goods from other countries. For instance, China is currently a major supplier of goods to the United States.

Therefore,

The economic interdependence among nations is often measured by their openness.
To learn more about economic interdependence from the given link:

brainly.com/question/27693450

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What is the process of researching or studying a concept?

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Learning.
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3 years ago

On October 10, the stockholders’ equity of Sherman Systems appears as follows. Common stock–$10 par value, 74,000 shares authori

uysha [10]

Answer:

1, Journal entries

Date Account and explanation Debi$ Credit$

Treasury stock (5200*27) 140,400

Cash 140,400

(To record purchase treasury stock)

Cash (1,050*33) 34,650

Paid in capital from sale of treasury stock 6,300

Treasury stock (1,050*27) 28,350

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Cash (4,150*22) 91,300

Paid in capital from sale of 6,300

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Retained earnings 14,450

Treasury stock (4,150*27) 112,050

(To record sale of treasury stock)

2. Revised equity section

Contributed capital

Common Stock 740,000

Paid in capital in excess of 226,000

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Total paid in capital 966,000

Retained earnings 880,000

Total 1,846,000

Less: Treasury stock (140,400)

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3 years ago

One benefit of specialization is that it

tiny-mole [99]

-Whenever countries have different opportunity costs in production they can benefit from specialization and trade.
-Benefits of specialization include greater economic efficiency, consumer benefits, and opportunities for growth for competitive sectors.

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3 years ago

The total utility from consuming five donuts is 9, 19, 30, 38, and 45 utils, respectively. Marginal utility begins to diminish a

Sonja [21]

Answer:

third

Explanation:

The utility for consuming the first donut is 9 utils.

The utility for consuming the second donut is the difference from the total utility for the first two and just the first donut.

$U_2 = 19-9 = 10\ utils$

The utility for consuming the third donut is the difference from the total utility for the first three and just the first two donuts.

$U_3 = 30-19 =11\ utils$

The utility for consuming the fourth donut is the difference from the total utility for the first four and just the first three donuts.

$U_4 = 38-30 =8\ utils$

Since the utility for the 4th donut is less than the utility for the 3rd donut, utility begins to diminish after consuming the third donut.

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3 years ago

Tsao Company budgets on an annual basis. The following beginning and ending inventory levels (in units) are plannned for the yea

Kisachek [45]

Answer:

a) production units = 450,000

b) Amount of raw materials = 1,010,000.

Explanation:

The production budget is computed as follows;

Production budget = Sales budget + closing inventory - opening inventory

Production budget= 480,000 + 50,000 - 80,000

= 450,000 units

The raw material purchase budget is the amount of material to be purchased to accommodate production need and inventory of materials to be kept.

Purchase budget = usage budget + closing inventory - opening inventoy

Purchase budget = (2× 500,000) + 45,000 - 35,000

= 1,010,000.

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4 years ago