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s2008m [1.1K]
4 years ago
6

Describe the advantage of increased global trade and competition on the u.S. Economy

Business
1 answer:
Alinara [238K]4 years ago
5 0

Answer:

The United States can specialise in producing goods and services which capitalise on its competitive advantages.

Explanation:

Increased global trade opens the United States (U.S) to international markets. This allows businesses in the U.S  to scale their operations so as to meet world demand. In doing so, these businesses may experience lower costs per unit due to increasing production capacity. This growth in operations could lead to increased competition from foreign businesses seeking to enter or operating in the U.S economy. Owing to this, higher levels of innovation and efficiency at firm level would be instituted so as to offer competitive prices.

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What was the first state to make july fourth an official holiday?.
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The first state to make July fourth an official holiday is Massachusetts.

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2 years ago
Boespflug Incorporated has a $1,000,000 investment opportunity that involves sales of $900,000, fixed expenses of $225,000, and
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4 0
3 years ago
Tyare Corporation had the following inventory balances at the beginning and end of May:
Ivenika [448]

Answer:

The correct answer is option (b) $5400

Explanation:

Solution

Calculation of the cost of direct material on May 1

Now,

The starting work In process inventory = Direct materials Cost  + Direct labor  Cost + Manufacturing overhead applied on W.I.P

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Thus,

Direct material cost = 13500 - 4500-3600 = $5400

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8 0
3 years ago
Oficina Bonita Company manufactures office furniture. An unfinished desk is produced for $37.10 and sold for $65.45. A finished
Arlecino [84]

Answer:

Find below analysis

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Based on the appropriate template, I have prepared the differential analysis as shown in the attached excel file bearing in mind the following points:

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