1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bixtya [17]
3 years ago
14

What were the Mercantilists’ views on trade

Business
1 answer:
krok68 [10]3 years ago
7 0
<span>Mercantilism is economic nationalism for the purpose of building a wealthy and powerful state. Adam Smith coined the term “mercantile system” to describe the system of political economy that sought to enrich the country by restraining imports and encouraging exports.</span>
You might be interested in
REM Real Estate received a check for $27,000 on July 1 which represents a 6 month
sweet-ann [11.9K]

Answer:

a. Debit Unearned Rent Revenue, $4,500; Credit Rent Revenue, $4,500

Explanation:

When the company receives the $27,000 check for six months of advance rent, it records the unearned revenue in a liability account named Unearned Rent Revenue. The resulting journal entry is:

(Dr) Cash, $27,000

(Cr) Unearned Rent Revenue, $27,000

With the passing of each month, the company <em>earns</em> one-sixth (1/6) of the unearned rent revenue (or $4,500), essentially reclassifying the revenue from unearned to earned. Therefore, after one month, the resulting journal entry is:

(Dr) Unearned Rent Revenue, $4,500

(Cr) Rent Revenue, $4,500

5 0
3 years ago
Before purchasing services, citizens must often make assessments of their quality based on reputation. Group of answer choices T
Tanzania [10]
True actually because look in your text books !!
3 0
2 years ago
One of the six characteristics economists use to judge how well an item
Aleonysh [2.5K]

Answer:

Money can easily be divided into smaller denominations is the correct answer.

Explanation:

4 0
3 years ago
An active worker receives $500 every two weeks. This kind of monetary reward for work is called ______.
dezoksy [38]
The correct answer for the question that is being presented above is this one: "Salary." An active worker receives $500 every two weeks. This kind of monetary reward for work is called salary. Salary is the amount of money that you get after a certain kind of labor is done.
4 0
3 years ago
An increase in the price level shifts ae curve
PilotLPTM [1.2K]
Answer is b                                                                                                                                      ...........................................................
6 0
3 years ago
Read 2 more answers
Other questions:
  • If Nordstrom sales associates are there to greet you as soon as you walk through the door, to assist you personally in finding t
    12·1 answer
  • If the interest rate on cds increases from 5% to 10%, the opportunity cost of holding money will ______ and the quantity demande
    15·1 answer
  • Dee's made two announcements concerning its common stock today. First, the company announced that the next annual dividend will
    12·1 answer
  • If real GDP declines in a given year, nominal GDP _____. rev: 04_09_2018 Multiple Choice must also be increasing may either rise
    8·1 answer
  • What are the little crowns for?
    7·2 answers
  • Company ABC has total liabilities of $660,000 and total equity of $342,000. The company needs to raise additional funds through
    10·2 answers
  • You've decided to buy a house that is valued at $1 million. You have $150,000 to use as a down payment on the house, and you tak
    10·1 answer
  • Our company sells a product for $150 per unit. Variable costs are $90 per unit and fixed costs are $18,000. The company expects
    8·1 answer
  • Which of the following could be true if one decreases their long term liability and increases their liquid assets?
    8·2 answers
  • One of the ways to generate word of mouth advertising is
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!