Answer:
The correct answers are letters "B" and "C": Some domestic producers benefit from tariffs and quotas; Government revenues may increase as a result of enacting tariffs.
Explanation:
Tariffs and quotas are taxes a country imposes on imports to promote domestic consumption of certain goods. This can be beneficial for those manufacturers and the country because in the case the foreign producers want to still offer their products in that region, they will need to pay higher tariffs, which is translated in more revenue for the country imposing the taxes.
Marketing programs that track purchase history and provides incentive to their loyal customers are known as loyalty programs.
The correct answer to this question is option A. Loyalty programs as the name implies are offered to those customers that are found to be loyal to a business.
These types of programs offer special discounts, rewards, as a way to retain these customers and also attract new ones.
Such programs are established to encourage repeat business.
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Answer: increasing ties between countries through trade and culture
Explanation:
Answer:
$4877.80
Explanation:
The computation of amount of the deposit at the end of year 3 is shown below:-
Future value = Present value × (1 + Rate of interest ÷ 100)^number of years
$20,000 = 10,000 × (1 + 5 ÷ 100)^7 + Deposit at end of year 3 × (1 + 5 ÷ 100)^4
$20,000 = 10,000 × (1.05)^7 + Deposit at end of year 3 × (1.05)^4
$20,000 = 14071.00423 + Deposit at end of year 3 × (1.05)^4
Deposit at end of year 3 = ($20,000 - 14071.00423
) ÷ (1.05)^4
= $5928.995773 ÷ 1.21550625
= $4877.799496
or
= $4,877.80
We simply applied the above formula to find out the amount of deposit at the year 3 end
Answer:
Balance of trade (BOT) is the difference between the value of a country's exports and the value of a country's imports for a given period.
Explanation:
