Duties of an office clerk

Exporting countries primarily agree to voluntary export restraints (VERs) to A) minimize exposure in the importing country. B) r

romanna [79]

Answer:

C) avoid stiffer quotas being set by the importing country.

Explanation:

This simply explains the restrictions made in trades where a particular country gives another a specific limit to the a mount of products to be imported and also exported in some cases. Economic experts have argued that in cases of this such, compensation from winners to losers can potentially alleviate the redistribution problem. Also important to notice that not everyone’s welfare rises when there's a rise in national welfare. Instead, there's a redistribution of income. Consumers of the merchandise and recipients of the quota rents will benefit, but producers may lose. A national welfare increase, then, implies that the sum of the gains exceeds the sum of the losses across all individuals within the economy.

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4 0

2 years ago

As trade becomes more widespread, specialization __________, which in turn ________ productivity.

Irina18 [472]

As trade becomes more widespread, specialization increases, which in turn increases productivity.

The aggregate impacts of specialization on the economy are huge in nature. Generally, people who are specialized in a particular field develop new techniques and technologies which leads to huge increases in productivity.

Increased specialization again leads to higher standards of living for all those persons who are involved in economic exchanges.

An individual is considered to become economically specialized when he focuses on his productive efforts.

To know more about specialization here:

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6 0

1 year ago

Richardson motors uses 10 units of part no. t305 each month in the production of large diesel engines. the cost to manufacture o

Vera_Pavlovna [14]

Answer:

Richardson's opportunity cost is $8,000

Explanation:

If Richardson motors manufacture t305 themselves the total manufacturing cost per unit is $42,400.

Overhead of $24,000 is 1/3 variable and 2/3 of fixed, that means $16,000 of that would continue.

Therefore the avoidable variable manufacturing cost per unit is $24,000+$2000+$400= $26,400.

But, if Richardson Motors decides to buy the t305 from Simpson Castings then the per unit variable cost will be $36,000 ($30,000 purchase price + $6,000 material handling cost applied {i.e 20% X $30,000 per unit}).

Therefore, if they buy from Simpson Castings the per unit cost of the t305 component will no longer be the same. There will be an increase

I.e $36,000-$26,400=$9,600

If they buy 10 units per month, the total cost per month would increase by $9,600 X 10 =$96000.

If Richardson Motors happens to use the idle capacity to manufacture another product that would contribute $104,000 per month, then the opportunity cost would be:

$104,000 - $96,000 = $8,000

7 0

2 years ago

Companies having the greatest impact on the computation of the Dow Jones Averages and the Standard & Poor's Indexes have the

Softa [21]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Highest price; highest total market value

b) Highest total market value; highest price

c) Highest price; lowest liquidity

d) Greatest number of shares outstanding; highest price

And the correct answer is the option B: Highest total market value; highest price.

Explanation:

To begin with, both terms the Dow Jones Averages and the Standard & Poor's are indexes for the respective american stock market in where the better companies of the country are in the list so that why that mostly of them will obviously have the highest total market value and its respectively highest price due to the fact that are the companies that produce more and work better than others and the public buy stocks from them and that makes them richer and richer.

3 0

3 years ago

For various reasons related to trying to prevent a catastrophic recession during the pandemic, the federal government has and wi

Novosadov [1.4K]

Answer:

$0.316 trillion per annum

Explanation

According to the scenario, computation of the given data are as follow:-

Interest rate = 0.5% = 0.005

Government Borrows = $6 trillion

Time = 20 years

Required Uniform Annual Payment= Government Borrows × Interest Rate × [(1 + Interest Rate)^Time period ÷ (1 + Interest Rate)Time period] - 1

= $6 trillion × 0.005 × [(1 + 0.005)^20 ÷ (1 + 0.005)^20 - 1]

= $0.03 trillion × [(1.005)^20 ÷ (1.005)^20 - 1]

= $0.03 trillion × (1.1049 ÷ 1.1049 - 1)

= $0.03 trillion × (1.1049 ÷ 0.1049)

= $0.03 trillion × 10.533

= $0.316 trillion per annum

3 0

3 years ago

Duties of an office clerk​

Duties of an office clerk