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3 years ago

Which statement describes a benefit of international trade

2 answers:

7 0

Countries gain from exchange when trade enables each country to receive a higher price for exported goods and/or pay a lower price for imported goods. This leads to more efficient resource allocation and allows consumption of a larger variety of goods.

Sergio [31]3 years ago

4 0

Answer:

For PLATO Users, the correct answer is:

"From then on, aromatic rice exports make up 40% of Chawalia's annual GDP."

Hope this helps! Please crown me Brainliest, don't be afraid!

You might be interested in

If the complement of a probability p'(x) = 0.25, what is the probability

professor190 [17]

The answer is 0.75.

When taking the compliment, remember it is always of the form :

Hence,

1 - 0.25
0.75

3 0

2 years ago

True or false All 50 states have approved charter school.

nadezda [96]

False it is not a true statement.

3 0

3 years ago

Read 2 more answers

At a growth (interest) rate of 8 percent annually, how long will it take for a sum to double? To triple? Use Appendix A for an a

Yanka [14]

Answer:

n = ㏒ P ÷ ㏒ (1.08)

Explanation:

Compound interest rate

A = P × $(1 + r)^{n}$

where

P = principal amount (the initial amount you borrow or deposit)

r = annual rate of interest (as a decimal)

A = amount of money accumulated after n years, including interest.

n = number of years

Since we want the principle amount to double i.e., A = 2P

put this in above equation

2P = P × $(1 + r)^{n}$

divide both sides by P, we get

P = $(1 + r)^{n}$

put r = 0.08

P = $(1 + 0.08)^{n}$

P = $(1 .08)^{n}$

Taking log on both sides

㏒ P =㏒ $(1 .08)^{n}$

㏒ P = n ㏒ (1.08)

n = ㏒ P ÷ ㏒ (1.08)

8 0

3 years ago

If you are in a car accident cause by someone else who also has insurance, which type of insurance plan will not require you to

max2010maxim [7]

If you are in a car accident cause by someone else who also has insurance, the type of insurance plan that will not require you to pay out of pocket costs is liability insurance. If the car accident was not your fault and the person who caused the accident is also insured the claim should be paid by him under his coverage and your pocket will be safe as well as your insurance will not be affected.

7 0

4 years ago

Assume you are a single person with no dependents who made $35,000.00 from your primary job and an additional $5,500.00 from a p

kirill [66]

Answer:

a) we will get a refund

b) $3,043.75

Explanation:

Given:

Income from primary job = $35,000.00

Income from part time job = $5,500

Total income = $35000 + $5500 = $40,500

Now, As per IRS, tax brackets for 2017 is as :

For income, 0 - $9325 = 10% of Taxable Income

For income, $9326 - $37950 = $932.50 + 15% of the amount over $9325

and, for income $37,950 - $91,900 = $5226.25 + 25% of amount over $37950

Standard Deduction is $6350 for single tax payer

Now,

The Net Income = Total income - Standard deduction

= $40,500 - $6,350

= $34,150

Total Tax due = $932.50 + ( $34150 - $9325 ) × 15%

= $932.50 + $3723.75

= $4,656.25

Thus, Withheld tax amount ( i.e $7700 ) is above the tax calculated

Hence, we will get a refund

b) Amount of refund = Withheld tax - Tax due as per IRS

= $7,700 - $4,656.25

= $3,043.75

5 0

3 years ago