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strojnjashka [21]
3 years ago
12

So, say a person named Bertrand is an avid supporter of protectionism. His primary platform is the idea that the United States i

mports too many foreign goods. He dislikes that many of his clothes are made in China instead of the U.S. because clothing is a basic need, even for babies. He would prefer that the United States drill in the Arctic National Wildlife Refuge (ANWR) instead of importing oil from Kuwait because oil powers our military\'s tanks and planes. Which argument for protectionism is Bertrand using?
-The National Security Argument
-The Infant Industry Argument
-The Environmental Protection Argument
-The Job Creation Argument
Business
1 answer:
Luba_88 [7]3 years ago
8 0

Answer:

The correct answer is letter "A": The National Security Argument.

Explanation:

The National Security Argument poses as a threat the dependence on other countries for economic sustainability. This concept points out extraordinary circumstances like war, where depending on other countries is a drawback in stepping ahead in the conflict. The argument promotes self-sufficiency as a solution to the problem that is also extended to the filed of consumer goods such as food or clothing.

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In Dart Co.'s Year 2 single-step income statement, as prepared by Dart's controller, the section titled "Revenues" consisted of
Amanda [17]

Answer:

  • what amount should Dart report as total revenues?

B. $250,000

Explanation:

The option B is the answer because the others option are not part of revenues during the year to the single step income.

The recovery of accounts written off are not part of revenues, it's an adjustment to the allowance for uncollectible accounts.

Then, the Purchase discounts is not part of revenues either, this kind of discounts goes directly to the valuation of inventory and then to the cost of goods.

8 0
2 years ago
Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases
Firlakuza [10]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Purchases:

40 units at $100·

70 units at $80·

170 units at $60

Sales for the year totaled 270 units, leaving 10 units on hand at the end of the year.

First, we need to calculate the average purchase cost.

Average cost= (100*40 + 80*70 + 60*170)/280= $70.7

Now, we can calculate the value of ending inventory:

Inventory= $70.7*10= $707

7 0
3 years ago
Describe a real or made up but realistic example of a situation that would require that you communicate with another person abou
Llana [10]

<span>A made up situation I can write is that you could talk about and discuss finances with a financial advisor or consultant who knows these issues better than you. To make these communications less stressful, you can comprehend that the consultant is there to help and is able to help and/or when you get excessively furious, you can take deep breathes to lessen the stress and make yourself calm.</span>

6 0
3 years ago
Read 2 more answers
The spread or difference that results when product price exceeds average total cost determines
Illusion [34]
Profitability

these extra words are added to pad my precise answer with additional words so there will be enough more words
4 0
3 years ago
Corona Co. is expecting to receive 100,000 British pounds in one year. Corona expects the spot rate of British pound to be $1.49
Grace [21]

Answer:

Explanation:

1st strategy : Selling pound forward

The spot rate of the pound is quoted at $1.51.

The one-year forward rate exhibits a 2.65% premium.

The one-year forward rate = 1.51 ( 1+ 0.0265)

= $ 1.55

Dollars received = 100000 * 1.55 = $155000

2nd strategy : Buying put option

The strike price of put = $1.54

premium on option is $.03

Amount received per option = $ 1.54 - $ 0.03 =$1.51

Total Dollars received = 100000* 1.51 = $ 151000

the best possible hedging strategy is Selling pound forward and receiving $155000

7 0
3 years ago
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