Answer:
The correct answer is letter "C": increase; remain unchanged.
Explanation:
Externalities are the effect by which third parties are affected by the actions of others even if the third party does not have to do with operation s of the entity causing the harm. The typical example of an externality is related to companies' pollution. Governments are more than likely to impose taxes on such organizations. Not to affect their profits and to keep their production at the same level, those companies raise the price of their products affecting the consumer eventually.
Then, <em>imposing levies on carbon will rise the price of carbon goods keeping the quantity produced at the same rate.</em>
Answer:
"trading fortress."
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Firms outside of trading areas run the risk of being shut out of the single market by the creation of a "trade fortress." A trade fortress serves as a barrier for the exchange of goods and services.
Free trade policy includes the adoption and implementation of tariffs and quotas between countries.
Trade policies tariffs and quotas will most likely benefit domestic producers of the protected good and harm domestic consumers of the protected good as they're made to pay for the consumption of imported products. Hence, under free trade there are more societal benefits due to the specialization of domestic goods.
Tariffs can reduce both the volume of exports and imports in a country.
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Answer:
April 2
Inventory 4,600 debit
Account Payable 4,600 credit
April 3
freight-in 300 debit
cash 300 credit
April 4
account payable 600debit
Inventory 600credit
April 17
Account Payable 4,000debit (4,600 - 600)
Discount 80debit (4000 * 2%)
Cash 3,820credit
April 18
Inventory 8,500 debit
Account Payable 8,500 credit
April 21
Account Payable 1,100debit
Allowance Inventory 1,100
April 28
Account Payable 7400debit (8,500 - 1,100)
Discount 148debit (7400 * 2%)
Cash 7252credit
Answer:
the short term, unemployment rates would drop drastically.