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
Lisa is a manager at a thriving marketing company. Her boss recently gave her authorization to increase her department’s yearly
Sergeu [11.5K]

23-1500=1475 I tried my best so just give me some time this might be wrong

Explanation:

so<em> </em><em>u</em><em> </em><em>have</em><em> </em><em>to</em><em> </em><em>start</em><em> </em><em>off</em><em> </em><em>with</em><em> </em><em>25</em><em> </em><em>-1500</em><em>=</em><em>14</em><em>7</em><em>5</em><em> </em><em>and</em><em> </em><em>I</em><em> </em><em>hope</em><em> </em><em>it's right</em><em> </em><em>cuz</em><em> </em><em>I</em><em> </em><em>tried</em><em> </em><em>my</em><em> </em><em>hardest</em><em> </em><em>on</em><em> </em><em>this</em><em> </em><em>question</em><em> </em>

3 0
3 years ago
The next two questions refer to the following fictional financial statement from Sharpie Markers, who sells their markers direct
Karo-lina-s [1.5K]

Answer:

B. 20,904

Explanation:

For computing the additional pens first we have to determine the contribution per unit which is shown below:

Revenue $500,000

Less: Plastic cost -$200,000

Less: ink cost -$1,000

Contribution margin $299,000

Divided by Number of units sold ($500,000 ÷ $2) $250,000

Contribution per unit $1.196

Now the additional pens required is

= $25,000 ÷ $1.196

= $20,904

6 0
3 years ago
The Vintage Laundry Company purchased $6,500 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June
Mazyrski [523]

Answer:

D.) debit Supplies Expense. $5,500; credit Supplies, $5,500

Explanation:

First, let's talk about the amount.

On June 2 they purchased supplies worth $6,500 and recorded it as an ASSET. Debited on "Supplies" Account

Then on June 30, only $1,000 is on hand. That means that $5,500 worth of supplies must have been used (Solved as 6,500 less 1,000)

Now, the entry should reduce the "Supplies" Account since there were only $1,000 left. So it's correct to credit Supplies for $5,500 to reduce $6,500 into $1,000 worth.

The corresponding debit would consequently be "Supplies Expense" since $5,500 worth of supplies was used for the month.

3 0
3 years ago
As inventory and property plant and equipment on the balance sheet are consumed, they are reflected: Select one: A. As a revenue
Dafna11 [192]

Inventory and property, plant, and equipment are shown as an expense on the income statement and on the balance sheet, respectively.

What is a balance sheet?

A balance sheet is a financial statement that lists an organization's assets, liabilities, and shareholder equity. One of the three important financial statements a company's evaluation will focus on is the balance sheet.

The income statement and balance sheet both directly and indirectly refer to the expenses. You can better understand how an expense is reflected overall by often reading a company's income statement and balance sheet.

As a result, option (b) is correct.

Learn more about on balance sheet, here:

brainly.com/question/26323001

#SPJ1

6 0
2 years ago
The application of multiple regression analysis to a data set yields an F statistic that is highly significant and t ratios that
dolphi86 [110]

Answer:

(B) multicollinearity is present.

Explanation:

Multicollinearity -

It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with  the substantial degree of accuracy , is known as multicollinearity or  collinearity .

<u>In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .</u>

hence , from the question , the indication is of (B) multicollinearity is present .

6 0
3 years ago
Other questions:
  • After 8 years of working for a company that installed underground sprinkling systems for golf courses, Trevor was ready to ventu
    9·1 answer
  • Which of the following statements about a partnership is true? a. Partners are considered employees of the partnership. b. A par
    14·1 answer
  • An excess of merchandise exports over merchandise imports results in a balance of trade deficit. True False
    14·1 answer
  • Outsourcing strategies (4pts)
    11·1 answer
  • In May and June, Tammy spent all her clothing budget on bathing suits and beach bags. Each bathing suit cost $75. At Tammy’s opt
    11·1 answer
  • is sueing someone for 50,000 dollars for no reason an example of integrity because recently a neighbor in my neighborhood was be
    15·1 answer
  • Credit and debit
    14·2 answers
  • Bianca took out a $2,600 unsubsidized Stafford loan. She will be attending school for four years, and she wishes to have the loa
    6·1 answer
  • The Berkshire Hathaway annual meeting, a famous yearly event, can be attended by any ________, which is someone who owns at leas
    14·1 answer
  • Project marvel is a five-year project. The project has a total cash inflow of $350,000. The present value of such inflows is $27
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!