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3 years ago

Which trade practice should Jodie’s country adopt to shield its domestic industries from foreign players?

2 answers:

6 0

Trade barriers could be an answer to this question. Also, an embargo could be an acceptable answer. Let me know if you need more help, and give me a thanks if I helped!

kobusy [5.1K]3 years ago

3 0

Answer:

The correct answer is: Protectionism.

Explanation:

Protectionism is a political and economic term that describes government measures that restrict imports into a country to protect trade against foreign competition within that country. Policymakers are seeking to protect domestic jobs by implementing protectionist policies and helping companies remain profitable.

You might be interested in

One factor that affects the elasticity of demand for labor is its share of total production costs. The greater labor's share of

blondinia [14]

Answer:

The greater labor's share of production costs, the <u>higher</u> elasticity of demand for labor.

When labor costs are a high share of total production costs, the elasticity of labor demand is higher. For example, customer service jobs like fast foods, or gas pumping, have high labor costs as a percentage of total production costs, and these sectors have a very elastic labor demand.

you would expect the demand for human ski instructors to be less elastic the demand for human factory workers.

In the year 2035, with robots having replaced most humans in factory jobs, occupations such as ski instructor, or dance instructor, or musician, would have a low labor demand elasticity because these skills are not easily learned, or easily replicated by a robot, meaning that the humans specialized in those jobs will be more demanded, and the demand for their labor will be more stable.

5 0

3 years ago

Given the following information for a retail company, what is the total cost of goods purchased for the period? Purchases discou

BigorU [14]

Answer: $298,800

Explanation:

Cost of goods purchased = Gross merchandise cost + Transportation-in (Carriage inwards) - Purchase discount - Purchase returns

= 304,000 + 6,700 - 3,500 - 8,400

= $298,800‬

8 0

3 years ago

LyTV, a large U.S. based broadcast network, receives royalty payments from TipTV, a small Ukrainian broadcast network, for using

riadik2000 [5.3K]

Answer:

Licensing

Explanation:

Licensing is a business arrangement in which an company gives permission or right to another company to produce its product by issuing a license for an exchange for a fee called "royalty".

The firm who permit and issues the licence to another firm is called LICENSOR.

The firm who receives the license is called the LICENSEE.

LyTV is the LICENSOR.

TipTV is the LICENSEE.

TipTV will pay a royalty to LyTV for permitting it to use its channels.

LyTV is giving permission to TipTV to use its channels and television programs in exchange for a royalty.

7 0

3 years ago

Trader joe’s differentiates itself from competitors by offering top-quality foods obtained through sustainable agriculture. This

Liono4ka [1.6K]

Trader joes differentiate itself from competitors by offering top-quality foods obtained through sustainable agriculture. This business strategy implies that trader joes focus on gaining a market share and making up the loss in margin through increased sales.

According to the Cost Leadership article, Trader Joe's focuses on low-cost, high-quality products to attract customers' attention. Trader Joe's is a very small store less than 10,000 square feet.

Just Right Airline is probably sitting in the middle because it's basically trying to reconcile different strategic positions (high-quality features versus low price). Other airlines consistently pursue either differentiation or low-cost strategies.

Marriott has reduced its cost structure by distributing its manufacturing facilities across multiple hotel types, increasing the diversity and differentiated appeal of its hotel line.

Learn more about Trader joes at

brainly.com/question/24130059

#SPJ4

5 0

1 year ago

The owner of a bicycle repair shop forecasts revenues of $236,000 a year. Variable costs will be $69,000, and rental costs for t

maria [59]

Answer:

A. $71,200

Bi)$100,200

Bii)$100,200

Biii)$100,200

Explanation:

A. Preparation of an income statement for the shop based on thee estimates

INCOME STATEMENT

Revenues $236,000

Expenses:

Variable costs $69,000

Rental cost $49,000

Depreciation $29,000

Total Expenses $147,000

Tax profit $89,000

($236,000-$147,000)

Less Income Tax (at 20%) $17,800

(20%*$89,000)

Net Income $71,200

($89,000-$17,800)

Therefore Net Income will be $71,200

bi) Calculation for the operating cash flow by using dollars in minus dollars out method

Using this formula

Operating cash flow=Revenue-Cash expenses-Taxes

Let plug in the formula

Operating cash flow=$236,000-($69,000+$49,000)-$17,800

Operating cash flow=$236,000-$118,000-$17,800

Operating cash flow=$100,200

Therefore the operating cash flow by using dollars in minus dollars out method will be $100,200

bii) Calculation of the operating cash flow by using adjusted accounting profits,

Adjusted accounting profit=$71,200+$29,000

Adjusted accounting profits=$100,200

Therefore the operating cash flow by using adjusted accounting profits will be $100,200

biii)Calculate the operating cash flow by using after tax operating cash flow

After tax operating cash flow=[$236,000-($69,000+$49,000)]*(1-0.20)+(0.20*$29,000)

After tax operating cash flow=($236,000-$118,000)*0.80+$5,800

After tax operating cash flow=($118,000*0.80)+$5,800

After tax operating cash flow=$94,400+$5,800

After tax operating cash flow=$100,200

Therefore the operating cash flow by using after tax operating cash flow will be $100,200

4 0

3 years ago