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abruzzese [7]
3 years ago
11

An additional means of reducing merchandise trade deficits is to implement exchange controls, thereby matching export payments w

ith import payments. This solution does not have any real cost and is also without risk and uncertainty.
A) Type:True or False
B) Points awarded:1.00 / 1.00
C) Your answer(s):•False
D) Correct answer(s):True False
Business
1 answer:
Diano4ka-milaya [45]3 years ago
3 0

Answer:

False

Explanation:

This type of exchange control is called a payment arrangement, where a firm exporting from country A to B, must also import goods from country B to A in the same amount as the original export transaction.

The problem with this type of control is that a company is forced to buy something it probably doesn't need or doesn't sell, therefore some companies may not participate in foreign trade under this conditions.

A few years ago in Argentina this policy was very strict and some weird transactions happened. For example, BMW had to export olive oil in order to be able to import cars and suvs. Many companies that needed to buy equipment had to use intermediary firms that exported wine, wheat, corn, minerals, soy bean, etc.. Those additional transactions made the imports more expensive, so foreign trade was reduced to only the most basic necessities.

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2. What were the major industries involved in the development of the West, and how did these industries transform the western ec
Usimov [2.4K]

Answer:

1) Mining

2) Ranching

3) Commercial Farming

Explanation:

The miners who comes mostly from California and other areas fulfilled the demand for gold and silver in the East. They also contributed in extracting other minerals i.e. copper, zinc, iron ore, lead, and quartz, which were great for the industrial use.

The sheep and cattle ranchers played an important role too i.e. that they produced wool, meat, and leather to satisfy the demands of eastern manufacturers and the consumers.

The farmers contributed by making farming commercial. They sold their crops in home town and internationally which helped the economy to improve.  

6 0
3 years ago
Amex Corporation invests excess cash to purchase $25,000 in corporate bonds on March 30, 2018. In addition to the $25,000, Amex
damaskus [11]

Answer:

b. a debit to Held-to-Maturity Debt Investments for $26,000

Explanation:

Investment in corporate bonds is considered as Held-to-Maturity Debt investments.

Date           Accounts Title and Explanation                Debit       Credit

30 Mar 18   Held-to-Maturity Debt investments          $26,000

                   [$25,000 + $1,000)

                           Cash                                                                     $26,000

                  (To record an investment in bonds)

Therefore, in the journal entry, it is debited to Held-to-Maturity Debt investments for $26,000

7 0
3 years ago
Ceteris paribus, a decrease in the demand for automobiles will
OLEGan [10]
Here are the answers: Ceteris Paribus, we would expect the following to be the cause of a decrease in the demand for the automobiles and these are: Increased gasoline prices, the expectations of the consumers that the prices of the automobiles will depreciate the following year and that the significant recession will develop and will last for a year. (Answers are based from the actual options attached to this question.)
5 0
3 years ago
Carlotta has a high need for achievement. she is likely to enroll in an easy math course where she knows she will succeed withou
irina [24]
I would say that Carlotta should enroll in the mid-level math course which is challenging but which she has a good chance of success so that she will be urged to learn something new and yet be capable of doing it successfully,
4 0
3 years ago
The Hutters filed a joint return for 2019. They provide more than 50% of the support of Carla, Ellie, and Aaron. Carla (age 18)
sergey [27]

Answer:

Hutters can be claim two dependents

Explanation:

we know here that Hutters can be claim two dependents

because here given Carla and Ellie as Aaron meets neither the residency nor citizenship requirement

but Carla is a qualifying relative and is under the age of 24

but Ellie is above 24 but is a qualifying relative as scholarship is non-taxable

so

we can say that answer is two

8 0
3 years ago
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