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malfutka [58]
3 years ago
10

Which of the following is true of voluntary export restraints? a. It is a government payment to domestic firms. b. It is an exam

ple of a tariff barrier. c. It is an extra tax imposed by a country on its exports. d. It is an export quota levied by a country on the quantity of its exports.
Business
1 answer:
Alenkasestr [34]3 years ago
7 0

Answer:

The answer is: D) It is an export quota levied by a country on the quantity of its exports.

Explanation:

Voluntary export restraints (VER) are agreements between an exporting country E and an importing country I which limits the amount of specific goods that country E can export to country I. The difference between quotas and VERs is that quotas are imposed limits by the importing country while VERs are negotiated limits.

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"For each of the following scenarios, begin by assuming that all demand factors are set to their original values and that Big Wi
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Check the explanation

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Whenever there’s a $300 charge from the Big Winner, and normal household income is expected to be around $50,000, it can fill 200 rooms per night at that price. Though, if there’s an increase in a typical household income to $55,000, the quantity of rooms that would be demanded will rises to 300 rooms per night. You can calculate the income elasticity of demand for Big Winner's hotel rooms by dividing the percentage change in quantity demanded by the percentage change in income:

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Explanation:

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You have an outstanding student loan with required payments of $500 per month for the next four years. The interest rate on the
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<em>n = 33.8108479</em>

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Now we recalculate n:

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675 \times \frac{1-(1+0.0075)^{-n} }{0.0075} = 20092.39\\

<u>from the annuity formula we solve as we can until arrive at this situation:</u>

(1+0.0075)^{-n}= 1-\frac{20092.39\times0.0075}{675}

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