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3 years ago

Which of the following are benefits of international trade?

Business

1 answer:

AURORKA [14]3 years ago

3 0

Answer:

Please find the detailed answer as follows:

Explanation:

International trade provides many benefits:

1. Technology differences, some countries are capital intensive and some are labor intensive. So the countries produce the good according to their intensivity. And export and import take place which is beneficial for the countries.

2.differentiated products.

When trade take place between the countries, then all the opportunity to consume different products. And countries produce their goods according to their labor and capital ratio and produce different variety of goods.

3.Specialisation in production

Countries specialise in the goods in which they have a comparative advantage.

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Matt Shaw buys 100 shares of common stock for $8,000 in January. The value of the stock fluctuates in a narrow range (averaging

jekas [21]

Answer:

a. $8,200

Explanation:

The same accounting principles would be applied to non-profit entities while recording their assets as applied to other entities.

Non-profit entity would record its assets at fair value same as assets are recorded by other entities.

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3 years ago

Manufacturing automation and office automation are examples of ______ that are forces for change outside the a. organization.

s344n2d4d5 [400]

Answer:

b) technological advancements

Explanation:

Manufacturing automation and office automation are examples of technological advancements that are forces for change outside the....

Automation of manufacturing and office entails the use of technology in place of traditional means. Advancement in technology has made enterprises shift from traditional means of production to technology, which enhances efficiency and improves productivity.

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3 years ago

At September 1, 2012, Baxter Inc. reported Retained Earnings of $272,000. During the month, Baxter generated revenues of $40,000

LiRa [457]

Answer:

$284,000

Explanation:

Movements in the retained earnings account are as a result of the payment of dividend and the addition of the income or loss for the year.

Given that

Baxter generated revenues = $40,000

incurred expenses = $24,000

purchased equipment = $10,000 and

paid dividends = $4,000

Net income/(loss) = $40,000 - $24,000

= $16,000

Retained Earnings at September 30, 2012

= $272,000 + $16,000 - $4,000

= $284,000

6 0

3 years ago

An attractive business climate is defined by only one dimension: it minimizes the political risk to a company.

kari74 [83]

I believe the correct answer is false. <span>An attractive business climate is not defined by only one dimension: it minimizes the political risk to a company. Other than this, there are other indicators present. Hope this answers the question. Have a nice day.</span>

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3 years ago

kala and leah partners in best designs have capital balances of $40,000 and $60,000 respectively. adam joins the partnership by

inna [77]

Answer:

The solution to the following problem is done below.

Explanation:

a) Journalize the entries to record the admission of adam to the partnership.

Account Title Dr Cr

Kala, Capital 20,000

Adam, Capital 20,000

Cash 10,000

Kala, Capital 8,000

Leah, Capital 6,000

Adam, Capital 24,000

b) Immediately after adam's admission to the partnership, leah sells one-fourth of her interest to denton for $35,000. journalize the entry to record the transaction.

Account Title Dr Cr

Leah, Capital 13,500

Denton, Capital 13,500

6 0

3 years ago

Read 2 more answers