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3 years ago

How do exports and imports affect a nation's economy?

1 answer:

6 0

We import goods from other countries when they are harder to make in ours, we export goods to other countries when the goods are harder to make or obtain in theirs. if a nation exports more than it imports, a surplus is created. When a country imports goods more than it exports, it creates a trade deficit. A trade deficit in a nation causes it to have to borrow from other countries in order to pay for the imports. On the other hand, a surplus is much healthier for the economy light of the fact that it boosts economic output.

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Gayle is talking with her insurance broker and is comparing prices with the broker, who shows her that Company A can sell her in

kipiarov [429]

Answer: Independent insurance agent

Explanation:

An independent agent is sometimes called an insurance sales agent. An independent insurance agent is an insurance agent who sells insurance policies that are provided by different insurance companies.

An independent insurance agent gets commissions for the insurance policies that are sold. The higher the number of clients they serve, the higher the money they make. Independent insurance agents are not considered to be an employee of a particular insurance company

7 0

2 years ago

Which of these is the concept that a unit's sales will follow an approximate bell-shaped curve versus a steady sales life?

zhannawk [14.2K]

Answer: Product Life cycle

Explanation: Product Life cycle is a concept used to describe the various stages which a product will have to undergo from the time of introduction into the market till the time it will eventually be out of the market. Different products have different life cycle,the life cycle is determined by different factors. The shape of a product's life cycle is that of a BELL SHAPE

The stages include Introductory stage, Growth stage, Stabilization stage and decline stage.

8 0

2 years ago

Compare and contrast the roles of the federal government as both promoter and regulator of industrial development and market cap

Tema [17]

Explanation:

Compare and Contrast ->

Roles of the federal government -> Promoter & Regulator of industrial growth

U.S.Government => Promoter & Regulator of industrial growth

Pacific Railway Act (1862)-They have been granted 20 square miles of land per 1 mile of the track laid down. It strongly encouraged the construction of transcontinental railway lines, contributing to five different transcontinental roads: Union Pacific RR, Central Pacific RR, South Pacific RR, North Pacific RR and the Great North. The Grants Act of Morrill Land (1862)-gave state free land.

U.S.Government => Roles of the federal government

Sherman Antitrust Act (1890)The purpose was to promote economic competition through the regulation of shares, cartels and monopolies. It was very uncompromisingly applied Interstate Trade Act (1887). It also prohibits discrimination against shippers and pays more on the same train for shorter routes than for longer routes.

Thesis:

In the 19th Century and in themid-19th Century, the government of the United States was much more a proponent of industrialisation then an industrialisation regulator than a regulator.

In the year 1862, for instance, congress took place on the Pacific Railway Act, which gave the railway lines 20 acres per mile. This eventually culminated in five transcontinental trains: Union Pacific Railways, Central Pacific Railways, North American Railways, South Pacific Railways, and the Great North.In end, this resulted in the creation of booming towns in the west, encouraging manufacturers to relocate to their inhabitants and enabling businesses to sell their products to remote locations that were once hard to reach. Congress also enacted Morrill's 1861 Tariff Act which substituted for a higher tariff for the limited import tariff inserted in 1816. This shielded businesses from foreign competitors and increased their profits so that they could increase their power. The US government in general has been a more aggressive manufacturing supporter.

4 0

3 years ago

Four brokerage firms operate in the same small city as Jackson’s firm. All the firms charge approximately the same listing commi

miskamm [114]

Answer:

Yes, this is antitrust violation. Because, the tend to restrain trade in that small city thereby denying other small player brokerage firms from making a living due to their monopolistic actions among themselves.

Explanation:

Antitrust laws are designed in-order to prohibit a number of business practices that restrain trade. Examples of illegal practices are price-fixing conspiracies, corporate mergers that are likely to cut back the competitive fervor of certain markets, and predatory acts designed to gain or hold on to monopoly power.

Violations of such laws attract sanctions and punishment from the regulatory body in-charge of protecting such.

8 0

3 years ago

What are the two advantages and two disadvantages in breakevean analysis

Scrat [10]

Answer:

Look at the explanation

Explanation:

Advantages:

1. Measure profit and losses at different levels of production and sales.

2. Predict the effect of cost and efficiency changes on profitability.

Disadvantages:

1. Assumes that sales prices are constant at all levels of output

2. Break even charts may be time consuming to prepare.

Hope this helps! :)

3 0

2 years ago