Answer:
Based on the answer to the question, the only one of the given terms of trade (that is, price of stained glass in terms of jeans) that would allow both Sweden and Italy to gain from trade is 8 pairs of jeans per pane of stained glass because 8 pairs is more than 4 pairs, which will be attractive to ITALY and is less than 10 pairs which is a cheaper cost for SWEDEN.
Explanation:
1. Italy's opportunity cost of producing a pane of stained glass is 4 pairs of jeans while Sweden's opportunity cost of producing a pane of stained glass is 10 pairs of jeans
2. By comparing the opportunity cost of producing stained glass in the two countries, you can tell that SWEDEN has a comparative advantage in the production of stained glass and ITALY has a comparative advantage in the production of jeans.
3. Suppose that Italy and Sweden consider trading stained glass and jeans with each other. Italy can gain from specialization and trade as long as it receives more than <u>4 Pairs </u>of jeans for each pane of stained glass it exports to Sweden. Similarly, Sweden can gain from trade as long as it receives more than 0.1 pair of stained glass for each pair of jeans it exports to Italy.
4.Based on the answer to the last question, the only one of the given terms of trade (that is, price of stained glass in terms of jeans) that would allow both Sweden and Italy to gain from trade is 8 pairs of jeans per pane of stained glass because 8 pairs is more than 4 pairs, which will be attractive to ITALY and is less than 10 pairs which is a cheaper cost for SWEDEN.
Answer:
Cash account
debit credit
opening 70,000
2) 50,000
4) 230,000
<u>5) 175,000</u>
75,000
Accounts receivable account
debit credit
opening 53,000
3) 250,000
<u>4) 230,000</u>
73,000
Accounts payable account
debit credit
opening 32,000
1) 195,000
<u>5) 175,000 </u>
52,000
Merchandise inventory account
debit credit
1) 195,000
<u>3) 140,000</u>
55,000
Wages expense account
debit credit
2) 50,000
Sales revenue account
debit credit
3) 250,000
COGS account
debit credit
3) 140,000
Conducting business on a global scale is a part of GLOBALIZATION.
Globalization is a process of interaction of individuals, companies, and government all over the globe for the purpose of conducting business relations with the help of information technology.
Answer:ive done this one before!D would be your correct answer
Explanation:
Have a great day
Answer: Trustee
Explanation:
The trustee view is one of the type of representing model that helps in understanding the various types of role and responsibility of the representation and it also provide the effective resolution for the given problem or any type of issue.
According to the given question, the Trustee view of representation helps in effectively manage the immigration policies and also choosing their right to vote for the constituency.
Therefore, Trustee is the correct answer.