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inna [77]
3 years ago
8

Which of the following would be expected if the tariff on foreign-produced automobiles were increased?A. The domestic price of a

utomobiles would fall.B. The supply of foreign automobiles to the domestic market would be reduced, causing auto prices to rise.C. The number of unemployed workers in the domestic automobile industry would rise.D. The demand for foreign-produced automobiles would increase, causing the price of automobiles to increase in other nations.
Business
1 answer:
max2010maxim [7]3 years ago
4 0

Answer:

A. levied on imports, whereas a quota is imposed on exports.

B. levied on exports, whereas a quota is imposed on imports.

C. a tax levied on exports, whereas a quota is a limit on the number of units of a good that can be exported.

D. a tax imposed on imports, whereas a quota is an absolute limit to the number of units of a good that can be imported.

Explanation:

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In the middle of this decade, the United States imported about $800 billion more in goods and services than it exported, thereby
Aneli [31]

Answer:

B negative

Explanation:

This problem is talking about the balance of trade of the United States during this time period.

If a country exports more than it imports, it has a positive trade surplus, or positive balance of trade.

Otherwise, if the country imports more than it exports, it has a negative trade surplus.

Since US imported more than it exported, the correct answer is:

B negative

4 0
4 years ago
Noah graduated with his B.A. in early childhood education in December, but public schools are not hiring until spring.
sashaice [31]

Answer:

Job #1

Explanation:

Job #1 is best suited according to Noah's preference. She wants to work near home, have experience working with children and provide educational opportunities. The Job #1 offers her para- educator in kindergarten class. This job is close to her home and has positive school culture. This job provides her opportunity for networking with administrators and the pay is also good. Therefore Noah should select job #1.

7 0
3 years ago
Assembly or production of finished products, producing the right amount of product, and ensuring that finished products meet spe
o-na [289]

Answer:

Manufacturing

Explanation:

3 0
2 years ago
Johnson Company uses the allowance method to account for uncollectible accounts receivable. Bad debt expense is established as a
Nikitich [7]

Answer:

$12,900

Explanation:

Calculation for the amount of accounts receivable written off during the year

Beginning Balance $5,600

Add Bad debt expense $12,000

(2% x $600,000)

Less End-of-year balance ($4,700)

Accounts receivable written off $12,900

($5,600+$12,000+$4,700)

Therefore the amount of accounts receivable written off during the year will be $12,900

8 0
3 years ago
Two firms with identical capital intensity ratios are generating the same amount of sales. However, Firm A is operating at full
Gemiola [76]

Answer:

True

Explanation:

Firm A is operating at full capacity, if its sales keep increasing, then t will need to invest to expand its production capacity. Since firm B is operating below full capacity level, if its sales keep increasing it will have some spare production capacity it can use before operating at full capacity.

Therefore firm A will need to invest in an expansion of its production capacity while firm B can keep operating without new investments.

7 0
3 years ago
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