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Fofino [41]
3 years ago
9

Based on the recognition that states differ in their resource endowments of land, labor, and capital, a theory developed arguing

that states should trade based on their ________, whereby each state produces and exports those products that it can produce most efficiently relative to other states. a. comparative advantage b. national interest c. competitive trading bloc d. absolute advantage e. floating exchange rates
Business
1 answer:
Solnce55 [7]3 years ago
3 0

Answer:

a. comparative advantage

Explanation:

Comparative advantage is an economic concept that aims to explain differences in production and trade between two different countries or nations, based on the same product. The idea is to analyze which stakeholder has the lowest opportunity cost of the same good. Opportunity cost is a concept associated with productive efficiency, which aims to measure how much a country fails to earn in other activities when deciding a given good. Thus, the country with the lowest opportunity cost will have greater productive efficiency and, consequently, will have the comparative advantage in the production of the good. Thus, this country will specialize in the production of this good and other countries will produce other goods for which their respective opportunity costs are lower. Then countries trade products in international trade and everyone wins.

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One problem with conflicts of interest is that they can reduce the ________ in financial markets, thereby increasing ________. Q
luda_lava [24]

Answer:

The answer is Quality of information and Asymmetric information

Explanation:

        Information quality is a multi-attribute concept, it is said to define the quality of information are of good quality or of high value then the information is said to have good quality.

        Asymmetric information also regarded as "information failure" occurs in a business environment in which some agent in a trade possesses information while other agents involved in the same trade do not.

3 0
3 years ago
Identify some common miscellaneous itemized deductions and identify any limitations that are imposed on the deductibility of the
a_sh-v [17]

Answer:

The answer is below

Explanation:

Itemized deductions is an auditing or accounting terms, that  describes the various expenses that are deducted from the adjusted gross income to reduce the taxable income of an individual or the corporations. For example, job search expenses, mileage expenses, charitable expenses, and etc.

Some common miscellaneous itemized deductions are:

1.  Job search expenses: these are deductible from Adjusted Gross Income (AGI) such as travel expenses, resume preparation costs, moving costs, etc.

2.  Mileage expenses: mileage expenses is allowed by Internal Revenue Services (IRS) to be deducted from Adjusted Gross Income (AGI) for example; payments, repairs, insurance, etc.

3.  Charitable expenses: Charitable expenses are also eligible to deduct from Adjusted Gross Income (AGI) e.g. charitable gifts, donations, etc.

Limitations imposed on items which are deductible

Regardless, if it is job search expenses, mileage expenses, or charitable expenses, all are deductible if they are eligible for the deduction, and according to the IRS, the eligibility criteria are that all the expenses must exceed the 2% of AGI (Adjusted gross income).

Cases in which medical expenses are not deductible

Given that an individual or company pay the amount of medical expenses from their pocket, not from the business cost, hence, in this case, medical insurance is not deductible from the AGI.

At the same time, the insurance premium is excluded for the deduction if they exceed from the fixed amount set by the IRS, therefore, the employer-paid insurance funds cannot be deducted.

6 0
3 years ago
Liquidity ratios are used to measure a firm's ability to meet its obligations as they come due. Two of the most commonly used li
marshall27 [118]

Answer:

Current Ratio= Current Assets/ Current Liabilities

Explanation:

Current Ratio= Current Assets/ Current Liabilities

The current ratio is an important measure of a company's ability to pay its short term obligations. It is defined as current assets divided by current liabilities.

Current assets are cash and other resources that are expected to be sold or used within one year or the company's operating cycle , whichever is longer. Examples are cash, short term investments , accounts receivable, short term notes receivable, goods for sale ( called merchandise or inventory) and prepaid expenses. Prepaid expenses are usually listed last because they will not be converted to cash ( instead they are used).

Current liabilities are obligations due to be paid or settled within one year of operating cycle, whichever is longer. they are usually settled by paying out current assets such as cash . Current liabilities often include accounts payable , notes payable, wages payable, taxes payable, interest payable and unearned revenues. Also any portion of a long term liability due to be paid within one year or the operating cycle whichever is longer is a current liability.

3 0
3 years ago
Reflect on the various factors that affect development, both prenatally and postnatally. Select one factor and share a way that
katen-ka-za [31]

Answer:

A variety of factors affect development, prenatally and postnatally. A non-biological factor, the drug use by parents before and after child´s birth, affect both.

Explanation:

Drug use before, during and after pregnacy problem outcomes form, both  individual and environmental reasons. Drug prevention and treatment, traditionally  focused on changing individual behaviours have had very limited impact , as the environment hasn´t had necessary change, and the social determinants of  drug use have increased, with exacerbating factors that include cognitive limitations, poor parenting  and low family socio-economic status,  causing the development of  children, not receiving the nutrition and stimulation necessary, to be significantly impeded since the very conception, causing genetic predisposition  to drug use; in neonatal and infancy, the consequence might be to get a child with difficult temperament , in preschool, children could develop early behavioural and emotional disturbances, such as oppositional defiant disorder or, depression ; in primary school, children could be unable to self-regulate emotions and behaviour ; if they get to high school, children may be exposed to drug-using social contexts.

3 0
3 years ago
To arrive at operating cash flows, you should start with _______, _______ non-cash items and then adding or subtracting changes
Aleks04 [339]

To arrive at operating cash flows, you should start with net income, adding non-cash items and then add or subtract changes in working capital.

A measure of the amount of money made by a company's regular business operations is called operating cash flow (OCF). Operating cash flow shows if a business can produce enough positive cash flow to support and expand its operations; if not, it may need outside finance for capital growth.

An essential metric for assessing the financial performance of a company's main business operations is operating cash flow.

A cash flow statement's opening part, which also contains cash from investing and financing activities, shows operating cash flow.

The indirect method and the direct approach are both ways to show operating cash flow on a cash flow statement.

Learn more about operating cash flow here:

brainly.com/question/17001006

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6 0
2 years ago
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