1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
RoseWind [281]
3 years ago
8

An article in the Wall Street Journal refers to​ "debt-strapped emerging markets already struggling with​ current-account defici

ts." ​Source: Anjani​ Trivedi, "Emerging Markets Suffer Largest Outflow in Seven​ Years," Wall Street Journal​, June​ 12, 2015. We would expect that countries running large current account deficits also have substantial foreign debts because the sum of the
A. current account and the capital account must equal zero.
B. trade account and the financial account must equal zero.
C. current account and the financial account must equal zero.
D. capital account and the financial account must equal zero.
Business
1 answer:
Marrrta [24]3 years ago
5 0

Answer: The answer is A

Explanation:

The balance of payment is the relationship between a country's receipt from other countries and payments to other countries. In short, the balance of payment is a country's statement of income and expenditure in the international account. It includes payments for both visible and invisible items of trade. Linking the two sides payment and receipt or debit or credit of the balance of payments, we therefore have two sections of the account which are

Current Account : The current account deals with the payment for currently produced goods and services. The current account shows income and expenditure on visible and invisible imports and exports as well as payments and receipt on banking, shipping, insurance, and other services.

Capital Account : This shows the actual transfer of money from one country to the other.money may be transferred from one country to the other for a number of reasons .It may be used for setting up industries (investment ) and it may be a direct loan. The balance of payment could be favourable or unfavourable, a favourable balance of payment is the excess of receipt from export over payment for imports, its unfavourable if the payments for imports exceed the receipt for export. This unfavourable balance of payment put a country in a debtor position and requires the movement of resources outside the country to pay the deficit balance. A favourable balance changes the direction of the resources flow in favour of the creditor nation.

In principle, the balance of payment must always balance just as the two sides of a balance sheet must agree in total. This shows the movement of funds or other resources from one country to another,and the direction of flow of funds being determined by the debtor and creditor status of the country.

You might be interested in
What quickbooks task stores information about customers, vendors, employees, services, and more?
Rufina [12.5K]

List QuickBooks task stores information about customers, vendors, employees, services, and more.

vendors:

  • A vendor, sometimes referred to as a supplier, is a person or business that sells goods or services to another party in the chain of economic production.
  • A vendor is an individual or company that buys products and services from distributors and resells them to customers or other companies. Manufacturers, wholesalers, retailers, service and maintenance companies, independent vendors, and trade show representatives make up the five different categories of vendors.
  • A vendor is a person, group of people, or other legal entity who produces things or sells services to customers or other business owners (often under a business name). The vendor is not need to be a manufacturer and need not produce their own items.

Learn more about vendors here brainly.com/question/24852211

#SPJ4

8 0
1 year ago
Explain one situation when you will use these two pricing strategies penetration pricing and skimming prices
Dominik [7]

Answer:

An electronic news portal that offers one complimentary month for something like a free trial service or an institution that offers a free bank account for 6 months are both instances of penetration pricing.

A pricing technique known as price skimming is establishing a premium charge when other rivals enter the market. For instance, the Playstation 3 was initially priced at $599 in the United States, but has now been lowered to around $200.

5 0
3 years ago
Halogen Laminated Products Company began business on January 1, 2021. During January, the following transactions occurred:
Diano4ka-milaya [45]

Answer:

1. General journal entries to record each transaction.

Jan. 1                         Dr.             Cr

Cash                      $103,000

Common Stock                      $103,000

Jan. 2                         Dr.             Cr

Inventory              $38,000

Account Payable                   $38,000

Jan. 4                           Dr.             Cr

Prepaid Insurance  $2,760

Cash                                           $2,760

Jan. 10                            Dr.             Cr

Account Receivable  $12,300

Sale                                             $12,300

Cost of Goods Sold   $7,300

Inventory                                     $7,300

Jan. 15                            Dr.             Cr

Cash                          $33,000

Note Payable                               $33,000

Jan. 20                            Dr.             Cr

Salary Expense         $33,000

Cash                                              $33,000

Jan. 22                            Dr.             Cr

Cash                           $10,300

Sale                                             $10,300

Cost of Goods Sold   $6,300

Inventory                                     $6,300

Jan. 24                            Dr.             Cr

Account Payable       $15,300

Cash                                              $15,300

Jan. 26                           Dr.             Cr

Cash                          $6,150

Account Receivable                     $6,150

Jan. 28                            Dr.             Cr

Utility Expense          $1,000

Cash                                              $1,000

Jan. 30                            Dr.             Cr

Rent Expense              $2,150

Prepaid Rent               $2,150

Cash                                              $4,300

2.

MS Excel File is attached for T accounts Posting in Worksheet Named as " T Account". Please Find that.

3.

MS Excel File is attached for unadjusted trial balance in Worksheet Named as " Trial Balance". Please Find that.

Download xlsx
5 0
3 years ago
As a graphic artist, Randy has just finished a new calendar. The calendar cost him $1.00 for the glossy paper, $3.00 for the six
Yanka [14]

Answer:

Break-even units = 66.67 units

Explanation:

<em>Break-even point is the level of activity that achieves no profit or loss. At this level profit is zero because the the total revenue is equal to total cost.</em>

<em>The break-even point is calculated as </em>

<em>Units to achieve target profit = (Total general fixed cost for the period + target profit)/ contribution per unit</em>

Contribution per unit = Selling Price - Variable cost

Contribution per unit = 15- (1+3+0.50) = 10.5

Fixed cost = 500 +( 50× 4) = 700

So the units requited to achieve break-even point:

Break-even point =  700/10.5

                            = 66.67 units

4 0
3 years ago
Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign
Alika [10]

Answer:

The statement is true, as it is an example of foreign direct investment.

Explanation:

Foreign direct investment is the direct investment by individuals or legal persons in production or business operations abroad. In this context, investments include both acquisition of foreign operations and expansion of own operations.  

Foreign direct investment does not include the purchase of either shares or bonds per se. More specifically, the IMF has restricted direct investment on acquisitions to cases where the foreign investor owns 10% or more of the shares that give administrative rights in the business. Investment funds that can be classified as foreign direct investments therefore include equity deposits, reinvestments of dividends from the business, as well as the allocation of short-term and long-term loans between parent companies and subsidiaries.  

3 0
2 years ago
Other questions:
  • As a manager of a small clothing store, Archer favors detailed job descriptions, formal rules and regulations, thorough records,
    13·1 answer
  • Problem 08-1A Preparing and analyzing a flexible budget LO P1, A1 [The following information applies to the questions displayed
    7·1 answer
  • For some time now, GlaxoSmithKline (GSK), a pharmaceutical company, has been making anti-AIDS drugs available in underprivileged
    12·1 answer
  • Money owed<br> A. Assets <br> B. Audit <br> C. Liabilities <br> D. Capital
    9·2 answers
  • In this sampling method we believe there are significant differences between groups comprising the population. Here we assign th
    10·2 answers
  • My question is below. PLEASE HELP ASAP!!! THANKS ;)
    8·1 answer
  • Which of the following climate zones would be best suited for a year-round agricultural cycle?
    9·1 answer
  • You want to create a relational database for your company. Which application below would assist you in doing this?
    14·1 answer
  • The agreed cost of an item to be purchased by a business on credit is 4000. The applicable cost will be debited to advertising e
    9·1 answer
  • Sosa Diet Supplements had earnings after taxes of $1,170,000 in 20X1 with 347,000 shares of stock outstanding. On January 1, 20X
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!