The market-sharing pact or agreement negotiated by trading partners that give rise to voluntary quotas of exports aimed at protecting the importing country's domestic firms is called a <u>voluntary export restraint (VER)</u>.
<h3>What is voluntary export restraint (VER)?</h3>
Voluntary export restraints (VER) are export arrangements between exporting and importing countries so that the exporter agrees to limit the number of some exports.
VER allows the importing country's domestic firms to survive export dumping. It is the opposite of voluntary import expansions (VIE). VIE, which is a part of international trade agreements, allows for more imports by lowering tariffs or dropping quotas.
Thus, the market-sharing pact negotiated by trading partners allowing for voluntary quotas on exports is called <u>voluntary export restraint (VER)</u>.
Learn more about international trade agreements at brainly.com/question/1465144
Answer:
1. New-product strategy development.
2. Idea generation.
3. Screening and evaluation.
4. Business analysis.
5. Development.
6. Market testing.
7. Commercialization.
Explanation:
New product strategy is the first one as described and the remaining are briefed below:
Idea Generation: This steps creates the idea for how the product shall be created.
Screening and evaluation: This helps in evaluating the idea generated and comparing it with the practical manner.
Business Analysis aims at analyzing the business prospect of the new product.
Development is done once all of the above steps are in affirmation.
Market testing is done after the development about the market captured by the product or to be captured.
Commercialization basically aims at the proper introduction of the product in the market.
Answer:
![\left[\begin{array}{cccc}Range&80,000&100,000&120,000\\ Materials&400,000&500,000&600,000\\ Labor&480,000&600,000&720,000 \\ Overhead&640,000&800,000&960,000 \\ Variable&1,600,000&2,000,000&2,400,000 \\ Depreciation&200,000&200,000&200,000 \\ Supervision&100,000&100,000&100,000 \\ Fixed&300,000&300,000&300,000\\ Total&1,960,000&2,300,000&2,700,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7DRange%2680%2C000%26100%2C000%26120%2C000%5C%5C%20Materials%26400%2C000%26500%2C000%26600%2C000%5C%5C%20Labor%26480%2C000%26600%2C000%26720%2C000%20%5C%5C%20Overhead%26640%2C000%26800%2C000%26960%2C000%20%5C%5C%20Variable%261%2C600%2C000%262%2C000%2C000%262%2C400%2C000%20%5C%5C%20Depreciation%26200%2C000%26200%2C000%26200%2C000%20%5C%5C%20Supervision%26100%2C000%26100%2C000%26100%2C000%20%5C%5C%20Fixed%26300%2C000%26300%2C000%26300%2C000%5C%5C%20Total%261%2C960%2C000%262%2C300%2C000%262%2C700%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
We multiply the variable component for each relevant range.
Then for the fixed cost, we post the total.
Notice it is given for 1,200,000 units
so total depreciation 1,200,000 x 2 = 2,400,000 = 200,000 per month
Supervisor 1,200,000 x 1 = 1,200,000 = 100,000 per month
Answer:
The Cash paid to suppliers was $85,000
Explanation:
Data provided in the question:
Cost of goods sold = $100,000
Decrease in inventory = $5,000
Increase in accounts payable = $10,000
Now,
Cash paid to suppliers will be
= Cost of goods sold - Decrease in inventory - Increase in accounts payable
= $100,000 - $5,000 - $10,000
= $85,000
Hence,
The Cash paid to suppliers was $85,000
Answer:
About being on time, this article reveals:
1. Endeavour to take a practice trip the same time you leave for work in order to know what time you will arrive at work.
2. In order not be in a hurry and anxious, endeavour to arrive 15 minutes earlier. Also, don't arrive too early in order not to affect others.
Explanation:
The article gives advice and caution on how to get to work on time. The article seem to center on some work ethics tips for the newly employed. It reveals how to get to work on time, preparing your clothes, checking your hygiene and preparing quality questions for your boss.
