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
Nataly [62]
3 years ago
14

The Republic of Argonia, owing to its vast resources of arable land and fresh water, is an agrarian nation It exports agricultur

al products and in turn imports products that it does not produce such as oil, machinery, computers, and electronic devices. The result is that it spends more on imports than it gains from exports. Which of the following theories prohibits such international trade?
A. New trade theory
B. Product life-cycle theory
C. Mercantilism
D. Heckscher-Ohlin theory
E. Theory of national competitive advantage
Business
2 answers:
Sonja [21]3 years ago
7 0

Answer:

The correct option is C, mercantilism

Explanation:

The theory of mercantilism is of the opinion that a nation should strengthen its economic power as well as generate abundant wealth by reducing imports whereas exports is tremendously increased with aim of achieving trade surplus rather than a trade deficit.

In order to achieve this feat a nation needs to embark on industrialization that makes it possible to convert its primary products into semi- or finished products that command higher value than exporting them in their raw state.

Veronika [31]3 years ago
3 0

Answer: C. Mercantilism

Explanation: Mercantilism is a national economic policy made to promote and increase exports and reduce import in a country. It involves national policy with the objective of accumulating reserves (monetary) achieved through positive balance of trade. Mercantilism reduces current account surplus or reduce a possible current account deficit. In the past such policy had led to war and encouraged colonial expansion.

Europe was the epic center of mercantilism from the 16th to the 18th century before it fall, but some people still believed mercantilism is still practice in industrialize nations.

You might be interested in
If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a h
goldfiish [28.3K]

If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday): TRUE

<h3>What are tax returns?</h3>
  • A tax return is a form or form that is filed with a tax authority and discloses income, expenses, and other relevant tax information.
  • Tax returns enable taxpayers to assess their tax liability, plan their tax payments, and receive refunds for overpayments.
  • In most nations, an individual or corporation having a reportable income, such as wages, interest, dividends, capital gains, or other profits, must file an annual tax return.
  • For example, if April 15th comes on a Saturday, the deadline for individual tax returns is April 17th (assuming it is not a holiday).

Therefore, the statement "if April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday)" is TRUE.

Know more about tax returns here:

brainly.com/question/4210849

#SPJ4

Complete question:

If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday). TRUE or FALSE

4 0
2 years ago
Refer to the following table to answer the following questions:
sineoko [7]

Answer:

Following are the answer to this question:

In question first, the answer is "Option d".

In question second, the answer is "Option e".

In question third, the answer is "Option e".

In question fourth, the answer is "Option e ".

In question fifth, the answer is "Option b".

Explanation:

Given values:

Checkable \ deposits =  \$ 400,000,000\\Currency = \$ 340,000,000\\Traveler's \ checks = \$ 4,000,000\\Money \ market \ mutual \ funds = \$ 50,000,000\\Small \ time \ deposits = \$ 6,000,000\\Savings \ deposits = \$ 850,000,000\\

Solution:

  • \text{M1= currency +checkable deposits + travellers check}

    = $400000000+$340000000+$4000000

    = $744000000

\bold{\text{M2 = M1 +money market mutual funds + small time deposit+ saving deposit}}

      =  $744000000 + $50000000+$6000000+$850000000

       = $1,650,000,000

  • Saving account deposits, which means its amount of money increased throughout the M2 portion regular savings account. So M2 will grow  
  • Its increase in the number of employees may not impact the balance sheet with banks, because each bank maintains its entire cash flow
  • For banks, loans are investments if they're lending money as a bank to people. So, it's on income statement asset side
3 0
3 years ago
The US economy is a command economy.<br> A. True<br> B. False
astra-53 [7]

Answer:

hmmmm i'd say true if not then false

5 0
2 years ago
David, an Alabama resident, files suit in an Alabama court against QuickAds, an internet company based in Georgia that provides
Wewaii [24]

Answer:

B) not likely to have jurisdiction over the case because QuickAds is based in Georgia.

Explanation:

US laws do not recognize the legal existence of foreign or out of state companies, a company only exists in the state at which it was chartered. Although the internet has complicated things, since boundaries have faded, but some conditions must be met before a state court can serve a foreign company.  

For a foreign company to be served by a state court, it must carry on “continuous and systematic” affiliations with residents of the state which makes them “essentially at home”. The company's operations must be substantial enough to make the company at home, i.e. it must carry a significant amount of business within the states boundaries.

Apparently this is not the case with QuickAds, so Alabama state courts will not have jurisdiction over it.

4 0
3 years ago
Bread Co. commenced operations during the year as a large importer and exporter of baked goods. The imports were all from one co
storchak [24]

Answer: c. $300,000

Explanation:

Here, the shipping costs from overseas is part in inventory costs whereas the shipping costs to export are part of expense not inventory.

Given: Purchases during the year  $15.0 million

Shipping costs from overseas$1.5 million

Shipping costs to export customers$1.0 million

Inventory at year end $3.0 million

Amount of shipping costs should be included in ABC Trading's year-end inventory valuation = (Inventory at year end)÷(Purchases during the year ) × (Shipping costs from overseas)

= ($3,000,000) ÷ ($15,000,000) × ($1,500,000)

= $300,000

Hence, the correct option is c. $300,000.

3 0
2 years ago
Other questions:
  • Beatty, Inc. acquires 100% of the voting stock of Gataux Company on January 1, 2012 for $500,000 cash. A contingent payment of $
    11·2 answers
  • A marketing department at a large international organization is engaged in the statistical analysis and compilation of informati
    8·1 answer
  • laston Company manufactures a single product using a JIT inventory system. The production budget indicates that the number of un
    8·1 answer
  • Murphy Printers ​(MP) manufactures printers. Assume that MP recently paid $ 500 comma 000 for a patent on a new laser printer. A
    10·1 answer
  • Harry and Meghan have considered starting their own business but are concerned about the possibility of losing even their person
    15·1 answer
  • On September 30, 2012, Wildhorse Company issued 9% bonds with a par value of $580,000 due in 20 years. They were issued at 97 an
    12·1 answer
  • The Buck Store is considering a project that will require additional inventory of $216,000 and will increase accounts payable by
    6·1 answer
  • Who is the richest man in the world
    8·1 answer
  • Soprano Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and anticipated long-run
    12·1 answer
  • The interest charged on a $252000 note payable, at the rate of 6%, on a 90-day note would be (Use 360 days for calculation.)
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!