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Lunna [17]
2 years ago
6

One reason there is political opposition to international trade is that: the potential gains from specialization and trade are s

mall. trade does not increase the total value of goods and services produced by a nation. the differences in opportunity costs between countries are small. not everyone benefits from trade.
Business
1 answer:
Juliette [100K]2 years ago
7 0
The answer to the question above is "not everyone benefits from trade" based on the situation shown in the question above. There will be a group of individual who oppose the international trade if that agreement does not give a mutual benefit to the individual. The international trade could lead to a decreasing in jobs for a specific industry.
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If Treasury bills are currently paying 5.2 percent and the inflation rate is 2.7 percent, what is the approximate real rate of i
Alexxandr [17]

Answer:

2.43 %

Explanation :

Real Interest rate =  (1 + nominal rate) / (1 + inflation rate) - 1

therefore,

Real Interest rate =  1.052 / 1.027 - 1

                              = 2.43 %

the approximate real rate of interest is 2.43 %

3 0
2 years ago
When recording depreciation, which of the following statements is true?
professor190 [17]

Answer:

D. None of the above are true.

Explanation:

As while recording depreciation, the total assets is decreased and the stockholder equity is also decreased as depreciation is a contra asset account

In the side of stockholder equity, the net income, the retained earning and the stockholder equity is decreased

whereas, the total asset is decreased as the amount of asset is reduced by deducting the accumulated depreciation amount

The journal entry is shown below for better understanding

Depreciation Expense A/c XXXXX

To Accumulated Depreciation XXXXX

(Being depreciation expense is recorded)

5 0
3 years ago
Explain why supply and price are positively related
pishuonlain [190]

Answer:

see below

Explanation:

A positive correlation signifies that an increase in one variable results in the other variable moving in the same direction. Because supply and price are positively correlated, a price increase will increases supply. The opposite is also true.

Suppliers are business people whose main objective is to make profits. Higher prices give higher margins. Suppliers make higher profits when prices are high. The possibility of making higher profits motivates suppliers to increase supplies to the market. On the other hand, low prices may result in losses. When prices are low, supplies will shy away from the market to avoid making losses.

6 0
2 years ago
The operation and maintenance of a company warehouse is an example of which component of the business process?
Serjik [45]
Facilities....................................................................................................................................................
3 0
3 years ago
Irene Watts and John Lyon are forming a partnership to which Watts will devote one-half time and Lyon will devote full time. The
Andru [333]

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which subject questions

3 0
3 years ago
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