Most newly industrialized countries (NICs) have moved away from restrictive trade practices and instituted significant free mark
et reforms. As a result these countries have: A. attracted both trade and foreign direct investment.
B. overcome environmental damages caused by lack of development.
C. reduced population pressures through labor outsourcing.
D. obtained significant amount of loans from World Bank.
E. taken measures to protect their cultures and traditions.
A. attracted both trade and foreign direct investment.
Explanation:
Restrictive trade practices refer to every deliberate and conscious effort made by the government of a country to hinder the free flow of trade across international boarder. Trade restrictions can be in form of high tariff on import, import quota, outright embargo, e.t.c
The reduction or elimination of barrier to free trade is trade liberalization. It is also seen as free market reform as the market forces or price systems are allowed to allocate resources.
Where a country embraces free market reform, it opens her doors to inflow of trade and foreign direct investment popularly known as FDI.
A) The income tax return for 2018 was filed on March 3, 2019. The three-year statute of limitations will begin to run on:
April 16, 2019 (the next day after the tax deadline)
B) The income tax return for 2018 was filed on August 13, 2019. The statute of limitations will begin to run on:
August 13, 2019 (the same day the taxes were filed)
C) The income tax return for 2018 was prepared on March 31, 2019, but was never filed. Through some misunderstanding between the preparer and the taxpayer, each expected the other to file the return. The statute of limitations:
If the taxes were not filed, then the statute of limitations cannot begin to run.
D) The income tax return for 2018 was never filed because the taxpayer thought no additional tax was due. The statute of limitations:
If the taxes were not filed, then the statute of limitations cannot begin to run.
A share of stock is now selling for $90. It will pay a dividend of $10 per share at the end of the year. Its beta is 1. What do investors expect the stock to sell for at the end of the year? Assume the risk-free rate is 4% and the expected rate of return on the market is 18%
Find complete question above:
The cost of equity=risk-free rate+beta*(market return-risk-free rate)
cost of equity=4%+1*(18%-4%)=18.00%
The price of the stock today is the present value of the price in a year's time and the expected dividend.
