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Citrus2011 [14]
3 years ago
10

President bill clinton attempted to protect american firms from foreign competition by placing a government tax on japanese auto

mobiles imported to the united states. president clinton's goal was to raise the price on japanese imports, thereby encouraging american consumers to purchase american-made automobiles. the tax the president threatened to impose is an example of a __________.
a. boycott

b. quota

c. tariff

d. sanction

e. subsidy
Business
2 answers:
lukranit [14]3 years ago
6 0

C.  A tariff

Tariffs are taxes imposed on imported foreign goods and are designed to encourage people to buy domestic products

Ket [755]3 years ago
4 0

Answer:c. tariff

Explanation: What is a Tariff?

A tariff is a tax which is imposed by one state on all the goods and services that get imported into their state from another state.

How a Tariff Works

Tariffs are crucial and are used to put restrictions on imported goods and services, these high prices makes business less interested in buying from other states.

There are two types of tariffs: A specific tariff which is based on paying a fixed fee on the imported product.

An ad-valorem tariff which is dependent on the value of that item.

Governments usually imposes tariffs in order to makes sure that domestic industries are protected from foreign competition

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The 1997 a value of an object was $5000. In 2012 , it was worth $9500. The annual percent growth has been constant. What is the
Mamont248 [21]
Given:
1997 - 5,000
2012 - 9,500

9,500 - 5,000 = 4,500
2012 - 1997 = 15 years

(9,500/5,000)^1/15  - 1
1.9^1/15 - 1
1.043718 - 1 = 0.043718
0.043718 * 100% = 4.3718%  

The answer is D.) 4.37%
4 0
3 years ago
Read 2 more answers
At December 31, 2019, Sharon Lee Corporation reported current assets of $343,980 and current liabilities of $196,600. The follow
gtnhenbr [62]

Answer:

1.97 times

Explanation:

The formula to compute the current ratio is shown below:

Current ratio = Total Current assets ÷ total current liabilities

Current ratio before any adjustment is shown below:

So, current ratio = $343,980 ÷ 196,600 = 1.75 times

Current ratio after  adjustments are shown below:

Current assets = Before adjustment balance + goods purchased costing - physical count of inventory + freight-in charges

= $343,980 + $20,440 - 11,890 + 3,040

= $355,570

Current liabilities = Before adjustment balance - goods not received

                            = $196,600 - $15,950

                            = $180,650

So, the current ratio would be

= $355,570 ÷ $180,650

= 1.97 times

3 0
3 years ago
Which statement best describes a Schumer box?
posledela

Answer:

The correct answer is letter "D": A standardized way of presenting the key terms of your credit card agreement.

Explanation:

Named after Senator Charles Schumer (born in 1950), the Schumer box is part of the disclosure information financial institutions must provide to debtors so they can be aware of what is the interest and fees subject to the use of credit cards. It is a box mostly present in credit card statements but must be included in any credit card solicitation.

3 0
3 years ago
Stock holders make money investing in stocks in all of the following ways excep what
s344n2d4d5 [400]

Answer: There are two ways to make money from owning shares of stock: dividends and capital appreciation. Dividends are cash distributions of company profits

3 0
3 years ago
You observe a portfolio for five years and determine that its average return is 12.5​% and the standard deviation of its returns
mihalych1998 [28]

Answer:

Yes, you can be confident that the portfolio will not lose more than 30% of its value next year

Explanation:

In this question , the average return of portfolio is 12.5% and the standard deviation is 19.5%. It is estimated that there will be 30% loss next year. The confidence interval is 95%.

Range = Average return ± 2 x Standard deviation Low aid = 12.5% - (2 x19.5%) =12.5% -39% = -26.5%

High end = 12.5% +(2 x19.5%) =12.5%+39% = 51.5%

Thus, the low end is

26.5%

The range of return at 95% confidence interval is -26.5% to 51.5%

8 0
3 years ago
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