1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pentagon [3]
4 years ago
11

The U.S. and China continue to spar over sociocultural issues, such as human rights, and economic and financial issues, such as

the value of the Chinese yuan against the U.S. dollar. U.S. diplomats assert that these differences continue to bolster China’s favorable balance of trade and increase the U.S. trade deficit. The trade protectionist policy exhibited by the Chinese is similar to an economic policy known as ____________ that was followed during the 17th and 18th centuries. This policy resulted in a flow of money to the country that sold the most globally.
A, trade embargoing
B, countertrading
C, profiteering
D, mercantilism
Business
1 answer:
kramer4 years ago
6 0

Answer:

The correct option here is option D) Mercantilism.

Explanation:

Mercantilism was a type of economic theory which was practiced around 16th - 18th century , that was based on a idea that a country's wealth and power could well be increased by increasing the exports and decreasing the imports, thus overall increasing the the trade.

This theory promotes that government should regulations on the country's economy to serve the purpose of augmenting state of power at the cost of rival country's powers. This is the same policy that China is using against U.S. in their favor to increase their monetary reserves , through a positive balance of trade.

You might be interested in
Which contractual standard for product safety and liability says that buyers chose to make purchases and therefore every purchas
taurus [48]
<span>The contractual standard for product safety and liability that says the buyer chose to make the purchases and knows the each purchase involves informed consent is often referred to as the standard of caveat emptor. This is simply a warning that lets the buyer know and understand the product is sold as is and is subject to all defects. Basically, another way of saying buyer be ware.</span>
3 0
3 years ago
Having thought about Mr. James's suggestion, you consider several options as an estimate of lost profits. These include 1) the f
podryga [215]

Answer:

The most accurate estimate of lost profits is

3) a weighted average that gives twice the weight to the last six months as to the first six months

Explanation:

In this case, after Mr James' suggestions, I consider several options as an estimate of lost profits, which are:

1) The full year: In this case the the entire data for the year would be considered for estimation.

2) The last six months: Here, half of the year's data would be considered for estimation.

3) Weighted average that gives twice the weight to the last six months as to the first six months: This means that the data for the most recent months should be given more weight more than the first six months. It means that the most recent data would be more accurate than that of the first 6months, and the most recent data should be trusted more than the data of the previous 6 months.

Here, a ratio of 2:1 is used to assign weight to the last six months and first six months respectively.

4) Some other weighted average: This is similar to option 3 not same ratio is used, but some other weights could be assigned depending on other factors.

Therefore, the weighted average gives the most accurate estimate of lost profits as in option (3) because it considers the most recent data.

5 0
3 years ago
Box office revenue at a multiplex cinema in paris is r(p) = 3600p − 6p3 euros per showing when the ticket price is p euros.
exis [7]
Part A:

Given that <span>Box office revenue at a multiplex cinema in paris is r(p) = 3600p - 6p^3 euros per showing when the ticket price is p euros.

When p = 9,

r(9) = 3600(9) - 6(9)^3 \\  \\ =32,400-6(729)=32,400-4,374 \\  \\ =\bold{28,026 \ euros}


Part B:

The linear approximation of the change in a function Δf(x) using a value, a, close to x is given by:

L(a+Δx)=(Δx)f'(a)

Given that </span><span>r(p) = 3600p - 6p^3, then r'(p) = 3600 - 12p^2

</span><span>Using a = 9, we have:

r'(9)=3600-12(9)^2 \\  \\ =3600-12(81)=3600-972 \\  \\ =2,628

Thus, If p is raised by 0.5 <span>euros, then

\Delta R=(\Delta p)f'(9) \\  \\ =0.5(2,628)=\bold{1,314 \ euros}



Part C:

</span></span><span>The linear approximation of the change in a function Δf(x) using a value, a, close to x is given by:

L(a+Δx)=(Δx)f'(a)

Given that </span><span>r(p) = 3600p - 6p^3, then r'(p) = 3600 - 12p^2

</span><span>Using a = 9, we have:

r'(9)=3600-12(9)^2 \\  \\ =3600-12(81)=3600-972 \\  \\ =2,628

Thus, If p is lowered by 0.5 <span>euros, then

\Delta R=(\Delta p)f'(9) \\  \\ =-0.5(2,628)=\bold{-1,314 \ euros}</span></span>

4 0
4 years ago
Sunland Company reports the following operating results for the month of August: sales $382,500 (units 5,100), variable costs $2
Inessa05 [86]

Answer:

Option 2 produces the higher net income = $115,150

Explanation:

Option 1: Increase selling price by 12%

Selling price = 382,500/5,100=$75

                                                                       $

Sales revenue (112%×75×5,100)                428,400

Variable cost sales                                   (259,000)

Fixed cost cost                                           (<u> 99,000)</u>

Net income                                                 <u>70400</u>

Option 2                                                         $                            

Sales revenue                                            382,500,

Variable cost sales(65%× 259,000)         (168,350 )

Fixed cost cost                                           (<u> 99,000)</u>

Net income                                                 <u> 115,150</u>

Option 2 produces the higher net income = $115,150

             

8 0
3 years ago
A business purchases equipment by paying in cash and issuing a note payable of . Which of the following​ occurs? A. Cash is cred
kumpel [21]

Answer: Cash is credited for, Equipment is debited for and Notes Payable is credited for.

Explanation:

Let's assume the business purchases equipment by paying $5000 in cash and then issued a note payable of $15000.

Then, the journal entry will be:

Debit Equipment $20000

Credit Cash ($20000 - $15000)=$5000

Credit Note payable $15000

3 0
3 years ago
Other questions:
  • What is a mortgage?
    6·1 answer
  • The designers at Fhontrake, a designer tailor shop, are organized into departments such as men's wear, women's wear, children's
    14·1 answer
  • Read the following scenario. Research options for payment, and use the PACED decision-making model to decide how Emmitt should p
    7·1 answer
  • The cost of workers who assist in or supervise the manufacturing process, not linked to specific units of product is called:
    12·1 answer
  • g last paid a $1.50 per share annual dividend. The company is planning on paying $3.00, $5.00, $7.50, and $10.00 a share over th
    13·1 answer
  • If a monopolist produces 100 units of output at a market price of $5 per unit with marginal revenue per unit equaling $4, we wou
    12·1 answer
  • Fabtabtix, a designer clothing brand, has been selling clothes in the country of Grolania for over 30 years. With more number of
    10·1 answer
  • a) Consumers spend $1200 buying plastic bags, $500 buying bread, and $80 on imported peanut butter. b) The Government spends $30
    12·1 answer
  • During April, the first production department of a process manufacturing system completed its work on 305,000 units of a product
    15·1 answer
  • Which action is an example of an expansionary monetary policy?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!