Answer:
We need 11 deposits of $ 5,268.735 per year to achieve our desired retirement plant.
Explanation:
Present value of the retirement plan in 11 years:
C 14,000.00
time 16
rate 0.12
PV $97,635.8061
We need to get that amount in 11 year at 10% annual rate:
FV $97,635.8061
time 11
rate 0.1
C $ 5,268.735
Tariffs raise the price of imported goods relative to domestic goods (good produced at home).
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A five year plan is a list of priorities you would like to accomplish over the next several years. As well as actions you can take when you make mistakes, so that you can still meet those goals.
Hope it helps ♡♡
Answer:
D) it presumes there will be economic gains even if output does not become internationally competitive
Explanation:
The argument for import protection in developing countries to bring about industrialization differs from the infant-industry argument in that it presumes there will be economic gains even if the output does not become internationally competitive. International competitiveness is a step of the relative cost of services/goods from a nation. Countries that can provide a similar quality of goods at a cheaper cost are stated to be extra competitive.