Protectionism is the economic policy of restraining trade through quotas, tariffs, or other regulations that heavily burden foreign producers. Protectionism heavily burdens foreign producers.
Protectionism, on occasion known as exchange protectionism, is the financial coverage of restricting imports from other countries thru strategies inclusive of tariffs on imported items, import quotas, and a selection of different authorities policies. Protectionism refers back to the coverage of protective domestic industries in opposition to foreign competition through price lists, import quotas, subsidies, or different restrictions placed on the imports of foreign competition.
Protectionism is usually carried out with the aid of the imposition of price lists, quotas on imports and exports, product fashionable, and authorities subsidies. while it is able to be of brief advantage in developing countries, overall protectionism usually harms us of a's economic system, industries, people, and customers.
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Based on the information given regarding the monopoly power, the remedy by the court will be<u> divesting itself of the control or ownership of</u><u> Child Shops</u>.
It should be noted that antitrust laws are put in place in order to protect consumers from business practices that are predatory and also ensure fair competition.
Since antitrust laws recommend the breaking of certain business conducts, there'll be the divesting of the company of the control or ownership of Child Shops.
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Preparing closing entries, which involves journalizing and uploading the entries to the ledger, is the eighth phase in the accounting cycle. During closure, there are four entries. To the Income Summary account, the initial entry cancels revenue accounts.
<h3>What order should the steps for closing an account be taken in?</h3>
Following is the basic order of closing entries: Clear the balances in the revenue accounts by debiting each revenue account and crediting the income summary account. To eliminate the balances in all expenditure accounts, credit all expense, accounts and debit the revenue summary account.
A journal entry debiting all revenue accounts and crediting the income summary is used to accomplish this. The same procedure is then used to calculate expenditures. Crediting the expense accounts and debiting the income summaries closes out all expenditures.
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The answer to this question is Law of Supply.
Answer:
<em>$10095.24</em>
Explanation:
<em>Let recall that,</em>
<em>The government bond with a principal amount = $10000</em>
<em>coupon rate of 6% annually</em>
<em>The interest rate given is = 5%</em>
<em>PV (Price value) = total [Ct/ (1+r)^t] + principal/(1+r)^t
</em>
<em>
Then
</em>
<em>Price value = 600/(1+0.05) + 600/(1+0.05)^2 + 10000/(1+0.05)^2
</em>
<em>
600/1.05 + 600/1.1025 + 10000/1.1025
</em>
<em>
571.429 + 544.2177 + 9070.295
</em>
<em>
It gives= 10185.94
</em>
<em>
Once the first coupon is deducted (-571.429), the present value of today is 9614.512</em>
<em>
Therefore,</em>
<em>in one year's time ,it will be, 9614.512 x 1.05 = 10095.24</em>