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Musya8 [376]
3 years ago
8

Suppose only two countries existed in the world. Country A imported $200 million worth of goods and services from Country B. Cou

ntry B imported $100 million worth of goods and services from Country A. This means that net exports for:________
A. Country A equals $200 million.
B. Country B equals $200 million.
C. Country A equals –$100 million.
D. Country B equals –$100 million.
E. Country A equals $100 million.
Business
1 answer:
tigry1 [53]3 years ago
6 0

Answer:

C. Country A equals –$100 million.

Explanation:

Imports from Country B to Country A = $200 million

Imports from Country A to Country B = $100 million

Imports for one country represents exports to another.

Net exports is the difference between exports and import for a country.

Net exports for country A = $100 million - $200 million = - $100 million

Net exports for country B = $200 million - $100 million = $100 million

Right option is C. Country A equals –$100 million. Country's A export is less than it's import.

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Anna11 [10]
A deposit is a sum of money placed or kept in a bank account, usually to gain interest
6 0
3 years ago
The BRS Corporation makes collections on sales according to the following schedule:
RideAnS [48]

Answer:

$110,300

Explanation:

June collections will comprise of

25% of June sales

71% of May sales

4% of April sales

<u>25% of June sales </u>

=25/100 x 100,000

=$25,000

<u>71% of may sales</u>

=71/100 x $110,00

=$78,100

<u>4% of April sales</u>

=4/100 x $180,000

=$7,200

Total June collections

=$25,000 + $78,100 +$7,200

=$110,300

5 0
2 years ago
At the beginning of the year (January 1), Buffalo Drilling has $12,000 of common stock outstanding and retained earnings of $7,1
Mrrafil [7]

Answer:

                                Statement of stockholders' equity

                              at the end of the year (December 31)

                                     <u>Common Stock</u>        <u>Retained Earning</u>       <u>Total</u>

Opening Balance              $12,000                       $7,100               $19,100

Income for the year                                                $7400              $7400

Dividend Paid                                                        ($2,100)             ($2,100)

Common stock issuance  <u> $6,900  </u>                  <u>                 </u>           <u> $6900  </u>

End of the year Balance    $18,900                    $12,400             $31300

3 0
2 years ago
1. A firm in a competitive market has the following cost structure: Output Total Costs 0 $10 1 $12 2 $15 3 $19 4 $24 5 $30 6 $37
iogann1982 [59]

Answer:

b. 6 units

Explanation:

Output     Revenue  Costs = Profit  ( Revenue - Costs)

   0                   0         10 =  -10

   1                    8         12 =  -4

   2                   16        15 =   1

   3                   24        19 =   5

   4                   32        24 =   8

   5                   40        30 =   10

   6                   48         37 =   11

   7                   56        46 =   10

   8                   64        55 =   9

   9                   72        65 =    7  

Note: The revenue is calculated by multiplying output by the market price of $8.

The firm should produce 6 units to maximize their profit which is $11.

3 0
3 years ago
Question 16 of 25
Sveta_85 [38]

Answer: B. Foreign cars become more expensive.

Explanation: The tariff slapped on imported goods such as cars and other foreign commodities will raise the overall cost of the product on the side of the seller and definitely the final selling price of such product to the consumers. This is used to raise revenue for the government and also to encourage the manufacture, adoption and support for locally manufactured products. Locally manufactured substitute will tend to be cheaper and the additional tariff may put importers and consumers off, and hence settle for cheaper locally made alternative.

8 0
3 years ago
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