The idea of international trade is one of the factors that binds the world together. Trade between nations fosters peace and brings about, wealth creation, Cultural diffusion and inclusiveness.
<h3>What is International trade?</h3>
International trade refers to the exchange of goods, services and other commodities between countries of the world.
International trade is possible because, goods and services produced in one country is needed by citizens of other countries.
The idea of international trade is beneficial to both countries involved in such trade. It creates a long supply chain starting from manufacturers, logistics, middle men, and local traders.
This supply chain created benefits both the sellers and the buyers and this creates employment opportunities in both countries.
It is important to note that not everyone within a country may benefit directly from international trade, however, it can be said that everyone will benefit indirectly because the proceeds from such trade affects the GDP of both countries and this brings about prosperity especially when trade is not one sided.
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Answer:
a.An increase in inventory
An increase in inventory is an increase in the working capital which means more cash is being spent on buying inventory, therefore the addition to inventory is a decrease in cash flow when calculating cash flow using an indirect method.
Explanation:
Answer:
The battle of who should hold more power, the national government or the states, is perhaps the most seasoned battle in American history. Many believe that the states should hold more control over the national government, yet I differ sometimes. In the present society we have progressing banters about numerous points that worry general society. One of the huge issues that gets talked about frequently is whether maryjane ought to be authorized or not. I am fair with regards to this specific point, yet I do have a solid feeling on who ought to choose. At this moment, there are a few states around the nation that have authorized it, however the National government has not. This makes things incredibly confounding most definitely. The other concern I have is with the detained populace because of cannabis infringement. I think that its unjustifiable that there are individuals getting detainment charges for accomplishing something that another resident in a neighboring state is openly doing. I comprehend that individuals are worried about the possibility that that on the off chance that we permit the national government to settle on choices like this, at that point they will develop to be excessively ground-breaking, however I differ right now. There are measures set up to adjust the forces of the government, and we should confide in what the organizers had as a top priority when they drafted the constitution. At the point when they made the constitution, they gave the central government all the forces they figured they ought to have Article 1 area 8. They did this with the aim that they would shield the central government from getting excessively huge. The originators were clever people however, and they realized that the issues written in 1787 would not be the main ones to cross the ways of the American individuals. Considering this they included the "essential and legitimate statement", which was added to guarantee they could manage issues that emerged later on.
Answer:
yes
Explanation:
because, Contra entries are those entries in which same account can be debited and credited in contrary situation. For example we debit Bank account when depositing cash.At the same time we credit bank account when withdrawing money from bank.
Answer:
Allocated cost= $14,400
Explanation:
<u>First, we need to calculate the allocation rate for setup:</u>
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Cost allocation rate= total estimated costs for the period/ total amount of allocation base
Cost allocation rate= 60,000 / 50
Cost allocation rate= $1,200 per setup
<u>Now, we can allocate setup cost to G10:</u>
Allocated cost= 1,200*12
Allocated cost= $14,400