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3 years ago

How do tariffs impact international trade?

2 answers:

5 0

they are taxes on imported god. like lets say china wants to sell things in the us they have to pay a tax and how many more brainliest do u need

torisob [31]3 years ago

3 0

Helllllooooo!!!!! I am going to answer your question, my very best!! Don't expect me to be proffessor smart, i barely in grade 9! If i answer well, i want brainliest please! If i do not answer well, please comment!

Tariffs cost a lot of money to ship overseas the products people want. More demand is required as well as a variety of a lot of domestic products from multiple countries. Trade needs to be well within countries and ships need to be maintained. The trade balance may go wrong sometimes, such as a shipwreck. Then there will be a lot of international complications, not known to the public. Companies will pay more for the lost goods.

I wasn't sure if you wanted specifics, hope this works. HAVE A GREAT WEEK!

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Jack owns a 10% interest in a partnership (not real estate) in which his at-risk amount is $42,000 at the beginning of the year.

White raven [17]

Answer:

False

Explanation:

Under the at risk rules, the amount a tax payer has at risks at the year end is limited to the amount the taxpayer has at the end of the year.

The amount a taxpayer has at risk is increased by the taxpayer's income and decreased by the share of losses and withdrawal from the activity. For partnership, the at risk increases with an increase in debt and vice versa.

Jack's year-end at-risk amount = At risk amount - (interest *loss) = $42,000 - (10% × $60,000 loss) = $36,000

7 0

3 years ago

$500 at an interest rate of 8% for 2 years with an additional deposit of $500 each year

artcher [175]

Answer:

either$80. or 500 of 2yrs add to $80

4 0

3 years ago

An investment earns 10% the first year, earns 15% the second year, and loses 12% the third year. the total compound return over

denpristay [2]

<span>The compound return over 3 years is 3.67%. This is found by evaluating the following expression: (1.10*1.15*0.88)^1/3 - 1 = 3.67%.</span>

8 0

3 years ago

poizon [28]

Solution:

Given :

Timber rights were purchased for = $1,600,000

The stand of the timber is = 5,000,000 board feet

Goodwill impaired by the company = $3,750,000

Timber cut and sold during current year = 1,100,000 board feet

Government legal cost = $6,600,000

Therefore the amount of amortization , depletion and the impairment of the current year for each foregoing item are :

Item Impairment, Amortization or the depletion

a). $ 352,000

b). $ 3,750,000

c). $ 412,500

2. Jornalizing the entries that required to record the depletion, amortization or the impairment of each of the items are :

a). The depletion expense = $ 352,000

Accumulated expense = $ 352,000

b). Loss from the impaired goodwill = $3,750,000

The goodwill = $3,750,000

c). Amortization expenses patent= $412500

Patent = $412500

4 0

3 years ago

A restaurant purchased a new point of sale terminal by paying one-half of its cost in cash and owing the balance on account. the

maxonik [38]

If a restaurant purchased a new point of sale terminal by paying one-half of its cost in cash and owing the balance on account. the journal entry requires a debit to an asset, a credit to an asset, and a credit to a liability.

<h3>What is meant by a debit to an asset?</h3>

The term debit to an asset in financial terms is used to refer to the increases that would be seen in an asset.

The term credit to an asset would have to do with the loss to an asset based on the same definition.

Hence we would say that If a restaurant purchased a new point of sale terminal by paying one-half of its cost in cash and owing the balance on account. the journal entry requires a debit to an asset, a credit to an asset, and a credit to a liability.

Read more on assets here: brainly.com/question/11209470

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3 0

1 year ago