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MariettaO [177]
3 years ago
6

International trade a. raises the standard of living for importing countries and lowers it for exporting countries. b. raises th

e standard of living in all trading countries. c. leaves the standard of living unchanged. d. lowers the standard of living in all trading countries.
Business
1 answer:
adoni [48]3 years ago
8 0
<h3>International trade raises the standard of living in all trading countries. </h3>

Explanation:

International trade is an inter country exchange of goods and services. Globally, exporting offers people and countries the ability to be exposed to goods and services that are not available in their nations, or that would cost more domestically.

Global trade allows countries to make more effective use of their resources–whether labor, technology or money. International trade usually enables countries to concentrate on those markets in which they can be most competitive and effective. In this way, international trade generally raises the standard of living of both producers and consumers.

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For each example, determine how the market for the good in the bolded text will respond to the described change.
Slav-nsk [51]

Answer:

a. Due to increases in hay prices, an input for raising cattle, the price of a gallon of 2% milk increases from $2.98 to $3.25.  QUANTITY DEMANDED DECREASES, as the price of a good or service increases, the quantity demanded decreases.

b. Groupon has a Groupon for $6 off the price of laser tag.  QUANTITY DEMANDED INCREASES, as the price of a good or service decreases, the quantity demanded increases.

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3 years ago
Piedmont Hotels is an all-equity firm with 48,000 shares of stock outstanding. The stock has a beta of 1.19 and a standard devia
user100 [1]

Answer:

The firm set as the required rate of return for the project is 14.732%

Explanation:

For computing the required rate of return, the following formula should be used which is shown below:

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where,

Risk free rate of return is 4.1%

Beta is 1.19

Market risk premium is 7.8%

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Now put these values to the above formula

So, the value wold be equal to

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Explanation:

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2 years ago
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The resident assistant should be patient and try to listen carefully when it comes to understanding thr person's needs and wants.
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crimeas [40]

Answer:

Identify the key facts in the message.

Explanation:

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