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coldgirl [10]
3 years ago
15

The U.S. has recently imposed trade restrictions on China; prohibiting the import of many Chinese goods. Assume China DID NOT re

taliate (i.e. impose tariffs on imports of U.S. goods into China). If this is the only factor affecting the U.S. Dollar/Chinese Yuan Renminbi exchange rate, we should expect the Chinese Yuan Renminbi to depreciate relative to the U.S. Dollar. Indicate whether you believe the last statement is TRUE or FALSE, and then defend your answer.
Business
1 answer:
stepladder [879]3 years ago
4 0

Answer:

True.

Explanation:

Generally the theory states that, if a country does more exports as compared to imports, then the demand for it's good is high, and so is the demand for his currency. Now, in the earlier scenario, both China and US had hugh exports to each other's country. So the currency fluctuation got neglified. But if China is stopped from exporting things to USA but USA can continue exporting things to China, it will lead to appreciation of the US dollar against Chinese Yuan renminbi.

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X-inefficiency refers to a situation in which a firm: Group of answer choices fails to realize all existing economies of scale.
Veronika [31]

Answer:

fails to achieve the minimum average total costs attainable at each level of output.

Explanation:

X Inefficiency do take place in a firm when there is little or no incentive in controlling costs. As a result of this average cost of production will go up than necessary. And as a result of lack of incentives, technically, the firm will be far from efficient. It should be noted that X-inefficiency could be described as a situation in which a firm fails to achieve the minimum average total costs attainable at each level of output.

4 0
3 years ago
What Supreme Court decision overturned Plessy v. Ferguson? A. Brown v. Board of Education B. Engel v. Vitale C. Marbury v. Madis
alina1380 [7]
<span>What Supreme Court decision overturned Plessy v. Ferguson?

</span><span>A. Brown v. Board of Education</span>
5 0
3 years ago
Each of the following items must be considered in preparing a statement of cash flows. Indicate where each item is to be reporte
Mashcka [7]

Answer:

(a) Operating activity

(b) Financing activity

(c) Operating activity

(d) Investing activity

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

So,

(a) Increase in accounts receivable come under the operating activities, and this is to be in a negative amount

(b) Issue of preference shares comes under financing activity, and this is added while computing the financing activities

(c) The depreciation expenses are added in the net income whereas the bond premium amortization is to be deducted from the net income. These both items have come under operating activities

(d) An increase in land value comes under the investing activity.

4 0
3 years ago
It is necessary for all economic systems to provide people with goods and services and also restrict them from getting as much o
solong [7]

Answer:

The correct answer is: reduce; not as highly valued as others.

Explanation:

All the economic systems must provide people with the goods and services that they want and need. But it is also necessary to limit them from getting as much as they wish.

This is because providing as many goods and services as they want may lead to a reduction in efficiency. Economic efficiency is achieved when resources are allocated in such a way that there is no wastage and resources are allocated to most valued use.

If the economic systems do not restrict the production of goods and services as much as they want it may lead to the production of those goods and services that are not as highly valued as others. This will cause wastage of resources, thus reducing the economic efficiency of the system.

8 0
3 years ago
Zane Computer Corporation is considering the possibility of building a new manufacturing facility in a foreign country in order
likoan [24]

Answer:

d) Contractual non-compliance provisions are broader in scope.

Explanation:

Both common law and civil law were originated in western Europe. Common law comes from medieval England while civil law comes from ancient Roman Empire. Common law is more flexible than civil law, so that allows different interpretations of the law. Since civil law is more rigid, contractual non-compliance provisions must include all possible contingencies and their outcomes.

3 0
2 years ago
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