This is an example of a(n) Import Quota
.
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Explanation:</u></h3>
A restriction in direct manner that controls the quantity of goods that is being imported to a country refers to the import quota. This restrictions is imposed by the issue of an import license to a firm or a group of firm or even individual. The main aim of these import quota is to enhance the domestic producers to gain advantage through the limitations in competition that arises form importing.
In the given scenario, the company name Maroji involves in the production of a lot of milk and milk-based products. The company then makes it compulsory for only some of the companies to import cheese with the allocated right in the importing of a maximum number of pounds of cheese each year. This acts as an example of Import Quota
.
Answer:
Leading economic indicator.
Explanation:
Leading economic indicators are objective data regarding the economy of a given country or region, which allow projections of future development of the economy of that place. Thus, based on data such as the current economic performance of the place, inflation, the exchange rate, the unemployment rate, etc., projections can be made about how the future economic cycles of the place will develop.
Answer:
3.10; 1.53
Explanation:
Total Current Assets:
= Cash + Receivables + Inventory + Other Current Assets
= $99 + $91 + $179 + $15
= $384 million
Total Current Liabilities:
= Accounts Payable + current portion of long-term debt
= $92 + $32
= $124 million
Current Ratio:
= Total Current Assets ÷ Total Current Liabilities
= $ 384 ÷ $ 124
= 3.10
Acid Test Ratio:
= (Cash + Accounts Receivables ) ÷ Current Liabilities
= $(99 + 91) ÷ $124
= 1.53
Answer:
Country of origin effects.
Explanation:
Country of origin effect can be defined as the effects the country manufacturing or producing a particular product has on how a potential customer tends to view the product.
A country image can greatly influence the perception of the customer towards the product, or could be a negative perception or a positive perception.
Some customers may tend to favor goods that are produced from their own country. For example most individuals favor clothes and shoes that are produced in Italy than the ones produces in Spain.
