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3 years ago

(ECONOMICS) Select ALL answers that apply. Protective tariffs are considered positive because _____.

Business

2 answers:

svlad2 [7]3 years ago

6 0

Answer: The answers are b and c.

b. they give foreign goods a competitive edge

c. they protect local industry

Protective tariffs are considered positive because they give foreign goods a competitive edge and they protect local industry.

Explanation:

Protective tariffs refer to taxes imposed on imported goods and services in order to increase prices of imports and protect local industries from competition. It is also imposed on imported goods to encourage the growth of local industries. This makes the sales of locally produced goods to rise and imported goods to come down.

liberstina [14]3 years ago

4 0

I believe the answer might be b and c:

Protective tariffs are a tool countries use to protect domestic industries. They can take the form of taxes, duties, fees, or other restrictions on imported goods. The purpose of protective tariffs is to foster the growth of local industries and protect them from a flood of cheap foreign goods.

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2 years ago

In which document can the project manager (pm) find guidance for implementing earned value management (evm) contract management

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2 years ago

A developer purchased three oceanfront lots, each measuring 75 by 110 feet, for $20 per square foot. The developer later sold th

AleksAgata [21]

Answer: 21%

Explanation: The developer purchased 3 properties and he can buy each property for $20 per square foot.

Therefore: 75 × 110 =8250 square feet.

8250 × $20 = $165 000 per lot.

Each lot was sold for $200 000. Which means the developer made profits of:

$200 000 - $165 000 = $35 000 per lot.

The percentage of profit on each lot is:

Percentage of profit on cost amount:

= $\frac{35 000}{165 000}$

= 0.2121212 recurring × 100

= 21,21%

Percentage of profit on sale amount:

= $\frac{35000}{200000}$

= 0.175 × 100

= 17,5%

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3 years ago

DEF Corporation had two issues of ordinary preferred stock with a $100 par value traded on the NYSE. One issue paid $5.56 annual

asambeis [7]

Answer:

5.93%

Explanation:

Cumulative Dividend for both (5.56+5.88) $11.44

share price for both types of preferred stock (95.55+97.5) $193.05

Cost of preferred stocks $11.44/193.05=5.93%

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2 years ago

Classify each characteristic as relating to a fixed exchange rate regime or a flexible, or floating, exchange rate regime.a. sig

marshall27 [118]

Answer:

(A) Fixed exchange rate regime

(B) Fixed exchange rate

(D) Flexible exchange rate

Explanation:

(A) A fixed exchange rate regime signals a commitment not to engage in inflationary policies. NOTE: Inflationary policies are a type of monetary policies (the type used to pump money into the economy). See answer (D).

(B) A fixed exchange rate regime provides certainty about the value of a currency, for example, when the exchange rate between Philippine Pesos and Arab Emirate Dollars is fixed at 10PHP - 1AED, traders in this currency will be certain that at any planning time in business, investment or consumption, 10 PHP will be equal to 1 AED.

(C) Flexible exchange rate distorts incentives for importing and exporting goods and services. What are these incentives? On the government side, it is either the revenue that government makes from import tariffs and duties OR the subsidy that government pays on exported goods. On the importer/exporter side, it is the custom duties paid by importers on imported goods AND the subsidies enjoyed by exporters on exported products. A flexible exchange rate distorts or fluctuates these incentives.

(D) Flexible exchange rate enables policy makers to engage in monetary policy. Now, monetary policy is a tool used by ministers of finance or policy makers in every country; to regulate (increase or reduce or bring back to normal) spending and investment. If the exchange rate between or among countries were fixed, monetary policies would have limited application or usefulness when implemented. A flexible exchange rate encourages and enables engagement in or use of monetary policies.

8 0

2 years ago