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aksik [14]
3 years ago
12

Two eastern European countries formed a free trade agreement. As a result, one of the countries that used to produce its own pla

stic bottles at a higher cost now imports them from the other country at a lower cost. This is an example ofa. political unionb. dumping.c. retaliatory trade action.d. trade creation.
Business
1 answer:
Aleonysh [2.5K]3 years ago
3 0

Answer:

Trade creation

Explanation:

Trade creation is the process where there is increase in economics welfare as a result of joining a free trade area for example a customs Union.

Consumption experiences a shift from high cost producers to low cost producers causing expansion in trade.

In the given instance due to formation of free trade agreement, high cost plastic production is now replaced with low cost import of plastics from the other company.

There is a shift from high cost producers to low cost producers as a result of trade agreement between the two nations.

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Wu Production Company, which uses activity-based budgeting, is in the process of preparing a manufacturing overhead budget. Whic
creativ13 [48]

Answer:

Option which would likely appear on that budget will be:

Batch level costs: production setup.

Explanation:

Here the company uses activity based budgeting is a management accounting tool which new year budget is only seen by not considering the previous year records.

 Activity based budgeting which  is  a budgeting method in which firstly the overhead costs are being calculated and the the budgets gets created.

Batch-level cost is a cost which is not associated with any given specific individual units but is associated with a group of units.

For example, to set up a production run the cost incurred is associated with the batch of goods that are produced subsequently.

Another example can be be procurement costs. The expenses associated with the procurement costs include the  ordering of direct materials, paying suppliers and receiving goods.

Since all of the expenses are related to the orders placed numbers, they must be allocated not to an individual product but to group of unit.

6 0
3 years ago
A company has net income of $130,500. Its net sales were $1,740,000 and its total assets were $2,750,000. Its profit margin equa
alexgriva [62]

Answer:

True

Explanation:

The profit margin calculation is shown below:

= (Net income ÷ net sales) × 100

= ($130,500 ÷ $1,740,000) × 100

= 7.5%

We simply divide net income by net sales in order to achieve the gross profit margin. This indicates a correlation between net income or net income and net sales.  

All other information provided is irrelevant. Therefore, it was ignored

8 0
3 years ago
Mr. Jacob, who is terminally ill, writes a will transferring all his assets to his daughter Silvia, in the event of his death. T
Anit [1.1K]

Answer:

Invalid

Explanation:

Since it is stated in the will, that upon his death should the assets be transferred, it means that Silvia doesn't get anything until Mr Jacob ceases to be alive.

With the new development as regards Mr Jacob living for 6 more months before dying, Silvia has no assets yet and as such cannot transfer anything to Jacob Jnr.

Cheers

8 0
3 years ago
What will the federal government (federal reserve bank) do in an attempt to encourage saving and investing?
Ksju [112]
Hello!

Answer <••> Raise dividend rates
8 0
3 years ago
The nurse manager working at a rehabilitation center for older adults notices an increase in the incidence of client falls. The
olga_2 [115]

Answer:

<em>Autocratic Leadership</em>

Explanation:

Autocratic leadership <em>is a leadership style represented by immediate individual control across all choices and hardly any contribution or  feedback from members of the group. </em>

Usually, autocratic rulers create decisions based on their thoughts and opinions and seldom accept members' suggestions.

3 0
3 years ago
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