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Artist 52 [7]
3 years ago
8

If the United States were to produce all of its own steel, rather than importing large quantities of steel from other nations, t

he effect would be:_______
A. to make steel consumers, such as auto manufacturers, better off
B. to lower steel prices, since steel would not have to be transported as far
C. to draw resources necessary to make steel away from the rest of the economy, slowing the economy as a whole
D. to improve the well-being of foreign steel producers, since they would not have to ship steel all the way to the United States
Business
1 answer:
mr Goodwill [35]3 years ago
7 0

Answer: The correct answer is "C. to draw resources necessary to make steel away from the rest of the economy, slowing the economy as a whole".

Explanation: If the United States were to produce all of its own steel, rather than importing large quantities of steel from other nations, the effect would be: <u>to draw resources necessary to make steel away from the rest of the economy, slowing the economy as a whole.</u>

The result would be the opposite of the one sought, since the United States seeking to produce all its steel so as not to import large quantities, would slow down the economy, this means that the economy would become flat, or in decline in which companies and consumers tend to make less decisions of purchase.

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Under the terms of the Treaty of Guadalupe Hidalgo, the United States Select one: a. officially acquired only Texas. b. gave up
kvasek [131]

Answer:

e. agreed to pay millions to Mexico.

Explanation:

The Treaty of Guadalupe Hidalgo wan on 2 February 1848 between the US and the Mexican Republic. The official title of the treaty is the Treaty of Peace, Friendship, Limits and Settlement between the US and Mexico.

The major purpose of signing the Treaty was to bring an end to the Mexican–American War that lasted betweem 1846 and 1848). Mexico sought to end the war when its army was defeated and the its capital fell. The treaty was effective starting from 4 July 1848.

The provisions of the include: the US should pay US$15 million to Mexico; to pay up to US$5 million to the citizens of the US that had claims against Mexico; the Rio Grande was given to the US to serve as a boundary for Texas; it also gave California including expanse areas like half of New Mexico, Colorado, Utah and Navada.

Therefore, the only correct option in the question is e. agreed to pay millions to Mexico.

4 0
3 years ago
How environmental markets can improve an energy market portfolio
enyata [817]

Environmental markets can support international collaboration on energy technology to stable destiny strength materials and mitigate their environmental impact, such as via improved energy.

<h3>What do you understand about environmental markets?</h3>

Environmental markets can be defined as a progressive coverage method to leverage investment for environmental conservation on non-public lands. They can function as a supplement to conventional conservation programs.

thus, Environmental markets can support international collaboration on energy technology to stable destiny strength materials and mitigate their environmental impact, such as via improved energy.

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8 0
2 years ago
Presented below is information related to Lexington Real Estate Agency.
Ber [7]

Answer:

Oct 1

DR Cash............................................................................$20,000

CR Common Stock.........................................................................$20,000

Oct 2. No entry required

Oct 3

DR Office Furniture .....................................................$2,300

CR Accounts Payable................................................................$2,300

Oct 6

DR Accounts Receivable.............................................$3,600

CR Service Revenue - Realty services...................................$3,600

Oct 27

DR Accounts Payable ..................................................$850

CR Cash .......................................................................................$850

Oct 30

DR Salaries Expense ....................................................$2,500

CR Cash ..........................................................................................$2,500

3 0
3 years ago
The price of TSC stock will be either $42 or $46 at the end of the year. Currently, T-bills yield 4.1 percent and TSC sells for
const2013 [10]

Answer:

b. $.66

Explanation:

The computation of the per share value for the one year is

Given that

Current Price = $43

Possible Prices = $42 and $46

Now

u = [($46 - $43) ÷ $43] + 1

= 1.06977

And

d = 1 - [($42 - $43) ÷ $43]

= 0.9767

And,

Risk-Free Rate = T-Bill Rate = Rf = 4.1 %

Now the up move price probability is

= [(1 + Rf) - d] ÷ [u - d]

= [(1.041) - 0.9767] ÷ [1.06977 - 0.9767]

= 0.69088

And,  

Exercise Price = $ 45

Now

If the Price is $42, so Payoff = $0

And

if the Price is $46, so Payoff =is

= ($46 - $45)

= $1

Finally the call price is

= [0.69088 × 1 + (1 - 0.69088) × 0] ÷ 1.041

= $0.66367

= $0.66

6 0
2 years ago
Land was acquired in 2021 for a future building site at a cost of $40,000. The assessed valuation for tax purposes is $27,000, a
Aleks [24]

Answer:

The land should be reported in the financial statements at $40,000

Explanation:

At the time of recording of the fixed assets, the fixed assets should be recorded at purchase cost or historical price

Since in the question, the land was purchased at $40,000 and moreover, it is assessed for the tax purpose for $27,000 and by other appraisers it was valued at $48,000 plus there is an offer of cash payment for $46,000

But at the time of recording, the balance sheet would show at the purchase price i.e $40,000

8 0
3 years ago
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