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vodka [1.7K]
3 years ago
15

Suppose the country of Ceria and Lithinia imposed tariffs on imports from all countries, and then they set up a free trade area,

scrapping all trade barriers between themselves but maintaining tariffs on imports from the rest of the world. Now, Ceria begins to import sugar from Lithinia. However, Ceria had previously been importing sugar from another country, Cadnia, which produced sugar more cheaply than Ceria or Lithinia. This is an example of
Business
1 answer:
Tems11 [23]3 years ago
7 0

Answer:

trade diversion

Explanation:

Trade diversion results from changing an efficient supplier or trading partner for a not so efficient trading partner. This change usually results from trade agreements or customs unions like NAFTA (or USMCA) or the European Union that benefit less efficient producers.

Trade diversion results in concentrating production in countries with high opportunity costs that do not possess real comparative advantages, but rather political advantages.

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Short Company purchased land by paying $22,000 cash on the purchase date and agreed to pay $22,000 for each of the next seven ye
muminat

Answer:

The liability reported is closest to $107,105.21.

Explanation:

This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value or the the liability reported  =?

P = Annuity payment = $22,000

r = Student's desired return rate = 10%, or 0.10

n = number of years = 7

Substitute the values into equation (1) to have:

PV = $22,000 * ((1 - (1 / (1 + 0.10))^7) / 0.10)

PV = $22,000 * 4.86841881769293

PV = $107,105.21

Therefore, the liability reported is closest to $107,105.21.

4 0
3 years ago
explain how technology and media affect the decisions that families make about purchasing products and services.
Elina [12.6K]

Technology including social media increase word of mouth. In some cases word of mouth via technology is known as word of mouse. Word of mouse changes the buying behavior of families.

5 0
3 years ago
Annie is self-employed and has $58,000 in income from her business. She also has investments that generated dividends of $3,000
8090 [49]
First, you need to know the self-employment taxes:
The self-employment tax is 92.35%
Social security tax is 12.4% and Medicare tax is 2.9% = (15.3%)

Dividends and interest are not a part of the income.

58000 * 92.35% *15.3% 
Turn the percentages into decimal form in order to multiply. You can do this by moving the decimals over twice or dividing each percentage by 100. 

58000*.9235 * .153 = $8,195.

Annie's self-employment tax for the year is $8,195. 
7 0
3 years ago
Customer satisfaction simply means:
MAVERICK [17]

Answer:

how happy customers are with a company's products/services

Explanation:

Customer satisfaction is defined as a measurement that determines how happy customers are with a company's products, services, and capabilities. Customer satisfaction information, including surveys and ratings, can help a company determine how to best improve or changes its products and services.

4 0
2 years ago
The return that can be earned on investment opportunities available to investors in financial markets is called the ____________
son4ous [18]

The return that can be earned on investment opportunities available to investors in financial markets is called the Dividend cost of capital. Any location or system that gives buyers and sellers the ability to trade financial assets, such as bonds, shares, the various international currencies, and derivatives, is referred to as a financial market.

The connection between people with capital to investment and those who need capital is facilitated by financial markets. The stock market, bond market, foreign exchange market, commodities market, and real estate market are a few examples of financial markets and their functions. Financial markets can also be divided into listed.

To learn more about investment, click here.

brainly.com/question/14682309

#SPJ4

7 0
1 year ago
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