All categories

3 years ago

Specialization in international trade- based on Ricardo’s Theory:

Business

1 answer:

m_a_m_a [10]3 years ago

4 0

Answer:

A) Japan specializes in Auto while US specializes in Planes

B) The range of terms of trade:

P = A . if P =A = 2A then the specialization will be beneficial to both countries.

C) The best terms of trade will be

P = ( A + 2A )/ 2 = 3A / 2 = 1.5A

D) The net benefit for each country (after specialization)

Japan : 20A-(7.5A+10A) = 2.5A

U.S : 40P- (13.33P + 20P) = 6.67P

E) some of The limitations of production and export :

i) There are more than two countries in the world hence the assumption are not real

ii) In the table the quality of goods produced is not tabulated/considered as well

iii) The technological expertise of both countries where not considered as well

Explanation:

A) From the information provided below ; Japan specializes in Auto while US specializes in Planes , this is because Japan is more efficient in the production of Autos when compared with Plane production.

B) The range of terms of trade:

lets assume that trade in Japan before specialization was : 12 A = 6 P, hence P = 2A also assume that of US to be ; P = A . if P =A = 2A then the specialization will be beneficial to both countries.

C) The best terms of trade will be

P = ( A + 2A )/ 2 = 3A / 2 = 1.5A

D) The net benefit for each country (after specialization)

Japan : 20A-(7.5A+10A) = 2.5A

U.S : 40P- (13.33P + 20P) = 6.67P

E) some of The limitations of production and export :

i) There are more than two countries in the world hence the assumption are not real

ii) In the table the quality of goods produced is not tabulated/considered as well

iii) The technological expertise of both countries where not considered as well

You might be interested in

1. candidate recalls all the good things he has done, omitting facts that would justify his defeat debating team 2. impression t

ehidna [41]

The question is not properly organised and is asking what the following action means, see below proper sequence:

1. A candidate recalling all the good things he has done, and omitting facts that would justify his defeat debating team is called (…).

2. Giving the impression that everyone is involved so the listener would feel the "danger" of missing out is (…).

3. An organized group that competes with others in the art of debate is (…).

4. Without any danger of error; basing actions on the truth is (…).

5. To inform and make known the opinions and feelings of oneself is (…).

Answer:

1. card-stacking

2. bandwagon

3. a debating Team

4. factually

5. propagandizing

5 0

3 years ago

Sperberg Corporation's operating leverage is 5.2. If the company's sales increase by 10%, its net operating income should increa

Dominik [7]

Answer:

net operating income that is increase by 52%

Explanation:

given data

operating leverage = 5.2

sales increase = 10%

solution

we get here net operating income that is increase by as

percentage of increase net operating income = operating leverage × sales increase .............................1

put here value we get

percentage of increase net operating income = 5.2 × 10%

percentage of increase net operating income = 52%

3 0

3 years ago

Floods, product failure, change in demand, and ineffective sales are all examples of _____. costs rewards risks revenue

ValentinkaMS [17]

Floods, product failure, change in demand and cost ineffective sales are all examples of a risk. These examples are a possibility for a company loss that will impact the company profit. Therefore, risk analysis is needed that will outline what you are prepared and how you are going to respond to risk.

3 0

4 years ago

Read 2 more answers

Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 common size percentages for operating ex

Gwar [14]

Answer:

19.8%; 16.8%

Explanation:

In 2016:

Common size percentages for operating expenses:

= (Operating expenses ÷ Net sales) × 100

= (65,960 ÷ $333,800) × 100

= 0.198 × 100

= 19.8%

In 2017:

Common size percentages for operating expenses:

= (Operating expenses ÷ Net sales) × 100

= ($68,440 ÷ $407,400) × 100

= 0.1680 × 100

= 16.8%

Note:

Table is missing in this question, so i have attached the missing table.

6 0

3 years ago

Aiden is designing a blog that will allow many company employees and executives to share company news with both the general publ

lara31 [8.8K]

Aiden is likely designing the blog for public relations and media relations which is letter c. It is because the public and media relations are involved with informing the public with certain information that are consistent and in a manner that is considered to be credible. In which his design correlates or is associated with the public and media relations.

8 0

3 years ago