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Citrus2011 [14]
4 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]4 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]4 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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A government began 2013 with a budget deficit and a trade deficit. During the year, the government changed its policy and is now
ddd [48]

Answer:

the exchange rate and the trade deficit to decrease.

Explanation:

A deficit can be defined as an amount by which money, falls short of its expected or required value.

Generally, deficit in financial accounting is usually as a result of expense exceeding revenue or revenue falling below expenses at a specific period of time.

For instance, when liabilities exceeds assets or import exceeds export there would be a deficit in the financial account.

Generally, a deficit on the current account ultimately implies that the value of goods and services exported is lower than the value of goods and services being imported in a particular country.

In 2013, government began with a budget deficit and a trade deficit. During the year, the government changed its policy and is now running a budget surplus.

Hence, this change in policy will cause the exchange rate and the trade deficit to decrease if all other factors hold constant

7 0
3 years ago
Lila Miller, who works for a large software firm, is four months pregnant and due for a promotion. However, her employer offers
Ludmilka [50]

Answer: D) Lila's employer has violated Title VII of the Civil Rights Act of 1964.

Explanation:

Based on the information given in the question, we can infer that Lila's employer has violated Title VII of the Civil Rights Act of 1964.

Title VII of the Civil Rights Act of 1964 simply protects employees against firm of discrimination that are based on sex, color, race, national origin, and religion.

Since Lila is pregnant and due for promotion but the promotion was given to Harry, she has been discriminated upon based on her sex.

Therefore, the correct option is D.

3 0
3 years ago
Bogart Company is considering two alternatives. Alternative A will have revenues of $146,100 and costs of $104,400. Alternative
irinina [24]

Answer:

Choosing alternative B would increase net income by $17,100

Explanation:

The analysis showing the incremental revenues,costs and net income of alternative A and B is shown below:

              Alternative A           Alternative   B     Difference between A&B

Revenues        $146,100            $185,900           $39800

Costs               ($104,400)           ($127,100)        ($22700 )

Net income      $41,700                 $58,800        $17,100

Alternative B records a higher net income compared to Alternative A,hence choosing alternative B would increase net income by $17,100

r

4 0
3 years ago
ou open a business selling art supplies and lessons. In your first month, you had the following total sales: $4,000 in paint, $2
never [62]
8,400 is your answer all you have to do is add the 4 sales and subtract the discounts and the returns 
8 0
3 years ago
Read 2 more answers
Molly Mocha employs one college student every summer in her coffee shop. The student works the five weekdays and is paid on the
mixer [17]

Answer:

The adjusting entry on 31st July will be;

Salaries Expense (Dr.) $480

Salaries Payable  (Cr.) $480

Explanation:

Molly Mocha hires one student who works for 5 days and is paid on Monday. The student who has started working on 28th July Monday then he has worked till 1st August Friday. The adjusting entry need to be made on Thursday 31st July. The student is paid $120 per day so for 4 days of working it will be $120 * 4 days till 31st July. Since Molly Mocha pays salaries on following Monday it should record salaries expense as debit and salaries payable as credit in its accounts.

6 0
3 years ago
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