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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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Carlos approaches a bank for home loan. He is denied the loan when the verification of his credit history through his credit rep
Oksanka [162]

Answer:

C. Fair Credit Reporting Act

Explanation:

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According to the given excerpt, the Fair Credit Reporting Act allows Carlos to take an action in case of any error found in his credit report.

6 0
3 years ago
Specific skills needed to accomplish specialized activities such as drafting and welding are known as ____ skills.
marshall27 [118]
Specialization like that is called as "technical" skills.
3 0
3 years ago
Heidi decided to make extra money by offering to do investments for her friends for a fee. She actually did no investing, but us
Sauron [17]

Answer: Option (A)

Explanation:

A Ponzi scheme is referred to as or known as a type/form of a fraud that tends to bait investors and thus pays high profits to the earlier investors with the funds gained or received from recent investors. This scheme tends to lead its victims and other individuals to perceive that these profits are collected from the sales or via other means, thus they tend to remain completely unaware that the investors after them are reason of these funds.

8 0
4 years ago
The point when the company makes exactly enough money to pay for itself, without making extra as a profit, is the ____________ p
Semmy [17]

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7 0
3 years ago
Read 2 more answers
Karlik Enterprises distributes a single product whose selling price is $15.70 and whose variable expense is $10.30 per unit. The
Nitella [24]

Answer: Company’s break-even point in unit sales is <em><u>3900 units</u></em>

Explanation:

Given :

Selling Price (SP) = $ 15.70

Variable expense per unit (VC) = $10.30

Fixed expense = $21,060

Now,

Contribution per unit = SP - VC = $15.70 - $10.30 = $5.40

Break-even point in unit sales is given as :

= \frac{Fixed expense}{Contribution per unit }

= 21060/5.40

=3900 units

8 0
3 years ago
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