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pickupchik [31]
3 years ago
9

When the management team reviewed its government contract on office furnishings, they noticed that in order to bid on the projec

t, at least 44 percent of the value of the office furniture had to be produced in the United States. This stipulation is an example of a(n)
Multiple Choice

antidumping policy.

voluntary export restraint.

administrative trade policy.

local content requirement.

ad valorem tariff.
Business
2 answers:
Mashcka [7]3 years ago
7 0

Answer:

Local content requirement

rewona [7]3 years ago
5 0

Answer: Local content requirement

Explanation:

Local content requirements (LCRs) are the policy measures that require a certain amount of intermediate goods that are used in the production processes to be gotten from domestic manufacturers.

Majority of local content requirements are aimed at different sectors of the economy in order to pursue economic growth and also encourage infant industries to be competitive internationally in their manufacturing capability. Local content requirements give incentives for the local firms to produce and to lower production costs over time.

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Colin told the management team that their Ohio-based company should produce the textiles for the new line of jackets in China be
ELEN [110]

Answer:

Free trade.

Explanation:

This theoretical policy can be explained to be certain laws under which the government is seen to impose absolutely no tariffs, taxes, or duties on imports, or quotas on exports. Therefore, it is directly seen to be the opposite of protectionism, a defensive trade policy intended to eliminate the possibility of foreign competition. It is seen in terms of unrestricted measures in importation and also exportation of goods in and out of a country.

In the world of our own, which is of the recent times, this policy implementation is done by means of a formal and mutual agreement of the nations which are seen to be involved. Also this policy in some cases may simply be the absence of any trade restrictions.

7 0
3 years ago
EarlKeen Co. sold $260,000 of equipment during January under a one-year warranty. The cost to repair defects under the warranty
igomit [66]

Answer:

warranty expense 10,400 (260,000 x 4%)

          warranty liablity  10,400

warranty liability   150

          wages payable  50

         inventory            100

Explanation:

we recognize the expected warranty expense at the moment of the sale.

Then expenses associate with the warranty will decrease the prevision "warranty liability"

The part used come from the company's inventory

and the wages for work on the product, will have to be paid.

<u>Note: </u>it could be cash directly instead of using wages payable account. But because there is no information about those wages being paid I assume are not.

3 0
3 years ago
Why is a hotel room a perishable product?
Anton [14]

E

Is the correct answer

7 0
3 years ago
Read 2 more answers
5. Imagine you are buying a new guitar. Describe how you would make the purchase using the
Sholpan [36]

Answer:

What I would do is make sure it is a good quality item and see if it is worth my money after that I would go to the cashier and buy my product.

Explanation:

4 0
3 years ago
Someone who is a natural leader exhibits this Learning Pattern
konstantin123 [22]
Someone who is a natural leader exhibits this pearning pattern : Strong willed
learner.

-Hope this helps.
7 0
2 years ago
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