All categories

2 years ago

Suppose there is a policy debate regarding the United States’ imposing trade restrictions on imported steel rods:

Business

1 answer:

Helga [31]2 years ago

4 0

Answer:

National-security argument

Explanation:

The United States imposing the trade restrictions on the steel rods because they are considering the national security argument. United states wants to improve the domestic production of steel rods. When there is no restrictions on the trade of steel rods then this will make the U.S. overdependent on the other countries.

So, they consider the situation of war in which there is a need of many weapons to defend. For making these weapons, there is a need of steel rods.

Therefore, the U.S. wants to become self dependent for steel rods.

You might be interested in

select all of the following that are companies that paid dividends for 100 consecutive years. a. bp b. stanley works c. corning

nevsk [136]

The companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.

<h3>What is dividend?</h3>

Dividend can be defined as the money a company or an organization paid yearly to their shareholders and the money the company paid to their shareholders are from the profit they make or generated.

Shareholders often invest their money in a business or buy part of a company shares in which they in turn receive profit from the company they invested their money into.

Stanley Works, Corning Glass Works and Pullman, Inc. are the companies that has been paying dividend to their shareholders 100 consecutive years.

Therefore the companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.

Learn more about dividend here:brainly.com/question/2960815

brainly.com/question/3161471

#SPJ1

7 0

1 year ago

Leon exchanges an office building which he held as investment property for a bowling alley. His office building has a basis of $

exis [7]

Answer:

According to Section 1031 of Internal Revenue Code, an exchange of like-kind property is referred to as like-kind exchange, if the exchange meets the following criteria:

The property should be exchanged only for the 'like-kind' (same class) property.
The 'like-kind' property that is in exchange should be either used in operations of business or held for investment purposes.
The exchange should be done under specific timing restrictions or requirements (for indirect exchanges through third parties).

Explanation:

A) Explanation: Since both the properties in exchange are real properties which are used in business, this is a like-kind exchange

Description Amount ($)

Fair market value of bowling alley 120,000

Add: Mortgage value L is relieved off 40,000

Amount reali7ed 160,000

Less: Adjusted basis (175:000)

Realized loss by L (15,000) 

C) Explanation: Since the loss realized is due to exchange, the loss is not recognized.

D) Explanation: Since the loss is not recognized, the character of gain or loss could not be

E) Explanation: The total of realized loss, $15,000 (From Requirement (b)) is deferred.

F) Determine the basis of property acquired in exchange, bowling alley.

Description Amount ($)

Fair market value of bowling alley 120,000

Add: Deferred loss 15,000

Basis of bowling alley 135,000

8 0

2 years ago

Assume that Germany and China can produce beer and cloth. If the MPLc/MPLb for Germany is 2/5 and the MPLc/MPLb for China is 1,

elena55 [62]

Answer: c. specialize in producing beer and export beer.

Explanation:

As per the Theory of Competitive Advantage posited by David Ricardo, a country should specialize in the good that it has a competitive advantage in. A country has a competitive advantage if it incurs a less opportunity cost in producing the good.

Opportunity cost of producing beer for Germany = MPLc/MPLb = 2/5

Opportunity cost of producing beer for China = MPLc/MPLb = 1

Germany has a lower cost of producing beer so they should specialize in this and export it.

6 0

2 years ago

The demand for Cheerios cereal is more price-elastic than the demand for cereals as a whole. This is best explained by the fact

lutik1710 [3]

Answer:

C. There are more substitutes for Cheerios than for cereals as a whole

Explanation:

Since in the question it is given that the demand for Cheerios cereal is more price-elastic than the demand for cereals as a whole as because there are more substitutes for Cheerios as compare to cereals because in the case of substitute goods, there is a positive relationship between the price of good B and the demand of good A. It means if the price of good B decline. then the demand of good A is decreases and vice versa

6 0

3 years ago

Under MSRB rules, any claim, dispute, or controversy shall be submitted to arbitration at the instance of a:______.

katrin2010 [14]

Answer: C. 1,2,3

Explanation:

Under MSRB rules, any claim, dispute, or controversy shall be submitted to arbitration at the instance of a:

• broker-dealer against another broker-dealer.

• customer against a broker-dealer.

• broker-dealer against a customer who has previously signed an arbitration agreement.

Therefore, based on the above scenario, the correct option is C.

3 0

3 years ago