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3 years ago

Name two arguments that support international trade.

2 answers:

7 0

(Two arguments that support IT) - 1: people will still continuing to vote or trade other countries, 2: people will get good wages with their trades. (Two arguments that do not support IT) - 1: upon their trades, they will get high taxes, 2: some people trades that was stolen from the society. In my opinion the world and the USA are usually similar, in fact USA will eventually hated the IT because the Russians and its friends and at Middle East still continuing and make an agreement to other neighbor countries and the worst part they are still continuing trading weapons, or parts of the nuclear weapon.

Natali [406]3 years ago

3 0

-The two arguments that support international trade are

1. More choice for the consumers

2. Higher efficiency by local producers to compete with international producers

-The two arguments for protectionism, which do not support international trade are

1. Increase the chances of dumping

2. May force local producers out of the market

-International trade can bring about both positive and negative impacts on the world and on USA

On one side it will generate more opportunities for employment, at the same time it will harm those countries which are relatively poor and do not have as advanced resources as the rest of the world.

It will also cause the currency of USA to fluctuate causing economic problems.

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Discuss at least one other type of source or document that would help you analyze the benefits and drawbacks of free enterprise.

PtichkaEL [24]

I would say that Wikipedia could be used to research the benefits and drawbacks of the free enterprise system in terms of the advancement in scientific enquiry that took place during the Renaissance and the Industrial Revolution thanks to the advent of capitalism (after feudalism). On the other hand, the same source could show the adverse working conditions for even women and children in the underground coal mines in England during the Industrial Revolution (intense exploitation).

7 0

3 years ago

Read 2 more answers

Suppose some banks decide to increase their holdings of excess reserves relative to deposits. Ceteris paribus, this action will

slava [35]

The action of the bank will put decreased pressure on the money supply, and to reduce the impact of this action, the Fed could decrease the discount rate.

Basically, a decrease in discount rate will make it easy and cheaper for commercial banks to borrow money from Federal Reserve System and thus, results to increase in available credit and lending in the economy

Therefore, if the commercial banks decide to increase their holdings of excess reserves supposed to be remitted to Feds, then, this will put decreased pressure on the money supply, and the Fed would act by decreasing the discount rate.

Read more about this here

brainly.com/question/20023706

5 0

2 years ago

If staff salaries were $44,000/month last year, and the yearly cost increase from last year to this year $108,000, what is the m

andre [41]

Answer:

The monthly labor cost this year=$53,000

Explanation:

Step 1: Determine yearly cost of labor last year

T=C×N

where;

T=total cost of labor last year

C=labor cost per month

N=number of months in a year

In our case;

T=unknown, to be determined

C=$44,000 per month

N=12 months

Replacing;

T=(44,000×12)=$528,000

Step 2: Determine yearly cost of labor this year

This years cost of labor can be expressed as;

Y=T+I

where;

Y=this year's labor cost

T=last years labor cost

I=the increase in cost from last year to this year

In our case;

Y=unknown to be determined

T=$528,000

I=$108,000

Replacing;

Y=(528,000+108,000)=$636,000

Step 3: Determine monthly cost of labor for this year

Monthly labor cost this year=this years labor cost/number of months in a year

where;

Monthly labor cost this year=unknown to be determined

this years labor cost=$636,000

number of months in a year=12

Replacing;

Monthly labor cost this year=(636,000/12)=$53,000

The monthly labor cost this year=$53,000

8 0

3 years ago

. What is a great system to manage money and prevent taking too much from one category? Please describe the

Allushta [10]

I'm pretty sure the answer would be a budget? A good budget is a way you can keep track of your money. Like what you are spending it on in different categories (like bills, entertainment, food, etc) and how much money is being spent in each.

4 0

3 years ago

An MNC uses which international strategy for entering a foreign market by associating itself with a firm in the host country or

viva [34]

Answer:

B) Joint Venture

Explanation:

Joint venture is a kind of business arrangement where two firms merge which includes combining resources and ideas to enhance productivity. Another scope under the topic, joint venture is the international joint venture. This type of business partnership involved firms from different countries, combining resources and ideas to enhance productivity. This happens when a firm attaches itself to a foreign firm in another country of its interest, to mix up on expertise and other essentials to develop their outputs.

3 0

3 years ago

Read 2 more answers