Buying products produced in another country is known as importing.
Exporting is selling products done in the country abroad.
Trade protectionism is a State's disposition that interferes with free trade in order to protect and encourage local production. It consists of barriers to importation, like heavy duties or prohibition of importing certain products.
Comparative advantage is the specialization in the production of a certain good that has lower opportunity costs of production than competitors. For example, a country with plains and grasslands has a comparative advantage for specialization in agriculture.
As you can see, importing is the correct answer, because it consists of buying goods and services abroad for consumption in one's country.
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Answer:
24,000 units
Explanation:
Given that
Fixed Cost (mainly Depreciation)= $17,000
Variable Costs = $1.00 per deck
Fixed Cost = $5,000
The computation of operating income is shown below:-
Assume the number of units be x
Option 1
Total costs = $17,000 + x
Option 2
Total costs =$5,000 + $1.5x
So,
$17,000 + x=$5,000 + $1.5x
x × ($1.5 - 1) = ($17,000 - $5,000)
x = $12,000 ÷ $0.5
= 24,000 units
Answer:
total wealth in Krit Corp is $5000
Explanation:
given data
stock = 200 shares
treading = $25 per share
to find out
total wealth in Krit Corp
solution
we know here investor bought 200 share at $25 per share current treading
so here
total wealth in Krit Corp wuill be = stock × treading ...............1
put here all these value we get in equation 1
total wealth in Krit Corp = stock × treading
total wealth in Krit Corp = 200 × 25
total wealth in Krit Corp = $5000
so total wealth in Krit Corp is $5000
A secured loan<span>, is a </span>loan<span> in which the borrower pledges some asset (e.g. a car or property) as collateral for the </span>loan<span>, which then becomes a </span>secured<span> debt owed to the creditor who gives the </span>loan<span>.
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