All categories

3 years ago

How has the pattern of trade changed in the United States since 1960?

Business

1 answer:

ki77a [65]3 years ago

5 0

Answer:

The correct answer is letter "B": Imports have grown faster than exports, and the United States has become a net importer.

Explanation:

International trade is not just a major engine of the U.S. economy, but for the global economy. The total trade share in terms of the global Gross Domestic Product was 25% in 1960 and it has raised to 56% in 2017. Though, imports have surpassed the level of exports, making America be a net importer. Main imports are in the form of raw materials for the production of different goods mainly vehicles, and clothing.

You might be interested in

Developing a resilient brand is less about ________ and more about ________. a. selling products; generating leads b. generating

aalyn [17]

Developing a resilient brand is less about <u>pushing a product</u> and more about <u>building trust</u> with the consumers.

<h3>What is a resilient brand?</h3>

Resilience in branding relates to the concept of creating brands that can last longer in the market.

The qualities of a resilient brand are, they able to:

change with the requirements of the consumers
recover from setbacks
achieve extension over new products types
take on new business models
win the customers every time.

See the link below for more about resilient brand:
brainly.com/question/14286452

3 0

3 years ago

What factor supports maintaining a dual income?

mart [117]

You should open a joint bank account. Joint allows deposit or withdraw cash from your dual income. Can share with your family members. Income is safe with you having a joint account because you can monitor transaction.

3 0

3 years ago

Read 2 more answers

B. Aids to trade

storchak [24]

Answer:

Is development bank is building is real me its apply

5 0

3 years ago

A machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. The amount that should be r

Lunna [17]

Answer:

c. $59,000

Explanation:

The cash flow statements shows the effect of the company's activities on cash. These activities are classed into operating, investing and financing activities.

When an asset is sold, the amount received from the sale is an inflow of cash to the company. This inflow is recognized in the investing segment of the cas flow statement.

Hence, the amount that should be reported as a source of cash under cash flows from investing activities is $59,000.

4 0

3 years ago

Calculating ABC Unit Costs Perkins National Bank has collected the following information for four activities and two types of cr

ELEN [110]

Answer:

The unit cost for classic and gold is $34,96 and $8.35 respectively.

Explanation:

The computation of the unit cost for classic is shown below:

= (Processing transactions × activity rate + Preparing statements × activity rate + Answering questions × activity rate + Providing ATMs × activity rate) ÷ number of holders

= (12,000 × 0.20 + 12,000 × 0.95 + 24,000 × 4.00 + 48,000 × 1.50) ÷ 5,200 holders

= (2,400 + 11,400 + 96,000 + 72,000) ÷ 5,200 holders

= 181,800 ÷ 5,200 holders

= $34.96

The computation of the unit cost for Gold is shown below:

= (Processing transactions × activity rate + Preparing statements × activity rate + Answering questions × activity rate + Providing ATMs × activity rate) ÷ number of holders

= (7,200 × 0.20 + 7,200 × 0.95 + 36,000 × 4.00 + 14,400 × 1.50) ÷ 20,800 holders

= (1,440 + 6,840 + 144,000 + 21,600) ÷ 20,800 holders

= 173,880 ÷ 20,800 holders

= $8.35

5 0

3 years ago