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3 years ago

A nation practicing mercantilism aims to

Business

1 answer:

Elis [28]3 years ago

7 0

Answer:

B) establish an excess of exports over imports.

Explanation:

Mercantilism asserts that countries should simultaneously encourage exports and discourage imports. Therefore, it is in a country's best interest to maintain a trade surplus, i.e. have more exports than imports. Mercantilism believes that governments should intervene the markets in order to achieve a trade surplus.

Mercantilism tries to take advantage of other countries, and it always easier to take advantage on poorer or developing countries, rather than richer developed countries.

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The slope of a country's production possibility frontier with cloth measured on the horizontal and food measured on the vertical

user100 [1]

Answer:

MPLF/MPLC; becomes steeper

Explanation:

The slope of a country's production possibility frontier with cloth measured on the horizontal and food measured on the vertical axis in the specific factors model is equal to MPLF/MPLC and it becomes steeper as more cloth is produced.

Where

- MPLC is Marginal Product of Labor for Cloth.

- MPLF is Marginal Product of Labor for Food.

5 0

2 years ago

Read 2 more answers

What is NOT a characteristic of critical thinkers?

vitfil [10]

Answer:

All of them is wrong. It's E. You

Explanation:

8 0

3 years ago

Read 2 more answers

The following expenditures were incurred by Tamarisk, Inc. in purchasing land: cash price $74,000, accrued taxes $4,400, attorne

Stels [109]

Answer:

$87,800

Explanation:

The following expenditures were incurred by Tamerisk incorporation when purchasing a land

Cash price = $74,000

Accured taxes = $4,400

Attorneys fee= $4,300

Real estate brokers commission = $1,500

Clearing and grading = $3,600

Therefore the cost of the land can be calculated as follows

= $74,000 + $4,400 + $4,300 + $1,500 + $3,600

= $87,800

Hence the cost of the land is $87,800

5 0

2 years ago

An investment project provides cash inflows of $615 per year for eight years. a. What is the project payback period if the initi

aksik [14]

Answer:

It will take 3 years and 66 days to pay for the initial investment.

Explanation:

Giving the following information:

Cash flows= $615 for 8 years

Initial investment= $1,750

<u>The payback period is the time required to cover for the initial investment.</u>

<u></u>

Year 1= 615 - 1,750= -1,135

Year 2= 615 - 1,135= -520

Year 3= 615 - 520= 95

Exactly:

(95/520)= 0.18*365= 66

It will take 3 years and 66 days to pay for the initial investment.

8 0

3 years ago

Which of the following is not descriptive of external environmental scanning? used as a tool for corporations to avoid strategic

julsineya [31]

Answer:

used to identify major stockholders

Explanation:

Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.

The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.

Generally, the external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.

Hence, the following are descriptive of an external environmental scanning;

1. Used as a tool for corporations to avoid strategic surprise.

2. Used to monitor, evaluate, and disseminate information relevant to the organizational development of strategy.

3. Used to determine a firm's competitive advantage.

4. Used as a tool to ensure a corporation's long-term health.

7 0

3 years ago