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Svetradugi [14.3K]
4 years ago
15

Based on what you have learned, why does the ITA believe that fair trade is important to US businesses and to the world?

Business
2 answers:
Anastaziya [24]4 years ago
7 0
T<span>he ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.</span>
Bingel [31]4 years ago
6 0

The sample response on Edg. is:  The ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.

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The number of buyers in the market for gardening equipment increases. how will this impact the market for gardening equipment?
andrew-mc [135]

The number of buyers in the market for gardening equipment increases, this will impact the market for gardening equipment by increasing the demand for gardening equipments.

An increase in the price of a good or service always tend to decrease the quantity demanded. A decrease in the price of a good or service will increase the demand for the quantity

Demand is an economic concept which is related to the consumer's desire to purchase goods and services and  he is willing to pay a specific price for them.

To know more about demand here:

brainly.com/question/13334895

#SPJ4

8 0
2 years ago
Comet Company accumulated the following account information for the year: Beginning raw materials inventory $ 5,600 Indirect mat
Nesterboy [21]
Overhead is any cost that cannot be traced back to the physical product (i.e. not direct materials and direct labor). Therefore, we cannot use the direct labor and beginning raw materials in the calculation. The total factory overhead costs are $8,600.
The calculation is as follows:
Indirect materials: $1,600
Add: Indirect labor costs $4,600
Maintenance of factory equipment: $2,400
Total factory overhead costs: $8,600

Source: Finance MBA student :)
5 0
4 years ago
What would be some difficulties encountered in trading during the vedic age?
Brilliant_brown [7]
Since the vedic age existed circa 1750–500 BC, both <u><em>technology</em></u> would have greatly limited what could be developed for trade, and <u><em>transporation</em></u> (roads) would have been very underdeveloped between distant villages, thus, this would have been a limiting factor on the types of goods that could have been traded (i.e. mostly goods available in the local region would have been available for trade)
5 0
4 years ago
Universal Foods issued 10% bonds, dated January 1, with a face amount of $176 million on January 1, 2021 to Wang Communications.
natima [27]

Answer:

January 1, 2021

Dr Investment in bonds $176 million

Cr Discount in Investment in bonds $24,226,136

Dr Cash $151,773,864

June 30, 2021

Dr Cash $8,800,000

Dr Discount in Investment in bonds $897,538

Cr Interest Revenue $9,607,538

December 31, 2028

Dr Cash $8,800,000

Dr Discount in Investment in bonds $897,538

Cr Interest Revenue $9,607,538

Explanation:

1. to 3. Preparation of the journal entries to record the purchase of the bonds by Wang Communications on January 1, 2021, interest revenue on June 30, 2021 and interest revenue on December 31, 2028

January 1, 2021

Dr Investment in bonds $176 million

Cr Discount in Investment in bonds $24,226,136

($151,773,864-$176 million)

Dr Cash $151,773,864

(To record purchase of bonds)

June 30, 2021

Dr Cash $8,800,000

($176 million*10%/2)

Dr Discount in Investment in bonds $897,538

($24,226,136/30)

Cr Interest Revenue $9,607,538

($8,800,000+$897,538)

(To record Interest Revenue)

December 31, 2028

Dr Cash $8,800,000

($176 million*10%/2)

Dr Discount in Investment in bonds $897,538

($24,226,136/30)

Cr Interest Revenue $9,607,538

($8,800,000+$897,538)

(To record Interest Revenue)

Present value of an ordinary annuity of $1 n=30 I=6%

Present value of an ordinary annuity of $1 =13.76483

Present value of $1 n=30 I=6%

Present value of $1=0.17411

Interest ($176 million *5%*13.76483) $121,130,504

Principal ($176 million*0.17411) $30,643,350

=$151,773,864

5 0
3 years ago
Marta hernandez is a single parent with a child in elementary school. she loves her schedule because she can go in any time befo
mart [117]

Answer:

b. flextime

Explanation:

Based on the scenario being described within the question it can be said that Marta is enjoying a schedule known as flextime. This is a type of work schedule in which employees are allowed to choose their work start times as well as their end time. This type of schedule is offered to the employee as long as they meet the minimum amount of hours set by their employer.

5 0
3 years ago
Read 2 more answers
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