Answer: (1) Option (A) is correct.
(2) Option (A) is correct.
Explanation:
(1) Dumping refers to the term that is mostly used in the international trade. When a country exporting a certain commodity in the foreign country at a lower price than it will be sell in a domestic market, is known as dumping.
But according to the world trade organization it is legal unless the importing country will be able to show the negative effects on their domestic producers from the exporting country.
(2) An antidumping duty is a type of protectionist tariff that a foreign country uses to discriminate against imports because government of the foreign country believes that price is too below the fair market price.
Hence, country A export steel at a lower price to country B than it is in the domestic market of country A. So, country B alleged that country A dumping steel into country B.
That's why, the government of country B implemented an antidumping duty of 20% on the imports from country A.
Not producing the extra car. They would be spending $5,000 more to make it than what they are selling it for. After all of that work, they would have lost $5,000.
Answer:
Some wages, interest rates, tax rates, and government benefits are influenced by changes in the value of the CPI.
Explanation:
The CPI or consumer price index measures changes in prices of a basket of goods and services that represents consumer consumption in an economy. CPI is a widely accepted measure of inflation rate in a country in a period. Monitoring the CPI is, therefore, tracking the rate of inflation in the economy.
Inflation is a macroeconomic variable that influences borrowing, prices, and the currency's purchasing power. The government monitors inflation to ensure it within the target rate. A high or low inflation rate may affect the government's objective of stable prices and sustainable economic growth.
A high inflation rate causes interest rates to rise. The cost of borrowing becomes expensive when interest rates are high, which slows down the pace of business expansion and new investment. Business people will monitor CPI to determine if it's the right moment to borrow.
Workers are concerned with CPI as an increase in prices erodes their purchasing power. When prices are high, and wages don't increase, workers will be disadvantaged. They will be able to make fewer purchases, which is similar to getting a pay cut.
Here are several advantages to buying an existing business; Immediate cash flow, existing costumers, suppliers, and financial history.
Answer:
The rate paid for the use of credit
Explanation:
When making a credit card payment, you must pay the bank the amount that you spent during the month, plus an interest rate, which will vary depending on how much you spend with the credit card, and the interest rate could vary based on your credit score, or dependability on paying your loans.
Hope this helps!