If the Government choose not to devalue its currency, The total exports of that nation will be most likely to be decreased.
When a currency of a nation is too high, other nation wouldn't have enough purchasing power to do transactions with our nation, making us forced to close many international trade relationship that could kill several economic sectors in the country.
How these conglomerates and franchises evolved in the postwar economy is that they relied more on incomes so that they could defend themselves from economic downturns. In addition, franchises had only expanded to other regions or areas of the country. Hope this helps.
Answer:
The correct answer is True.
Explanation:
Smartcards are determined by the internal structure of the memory handled by the microprocessor. They are manipulated by readers manufactured for that specific purpose. Smart cards have made their entry into Cuba, an entry that has been really slow, but with the potential attributed to such technology, it seems to promise an overwhelming step in a society that is moving towards computerization.
Answer:
The answer is below
Explanation:
The socioeconomic impact of Business to Consumers can be vast, positive, and negative at the same time, it all depends on some variables including the marketing and advertisement strategies, history of the firm or industry sectors, etc.
Hence, the socio-economic impact of business on consumers are:
1. Products and services provided by businesses are utilized by the consumers
2. Good business practices encourage consumers to spend their income on the products and services provided.
3. Competition between businesses leads to manufacturers producing goods and services at cheaper rates possible to consumers
4. Business products and services influence the consumption rates and attitude of consumers such as dress sense, gadgets ownership, etc, among consumers.
Answer:
gain of $14,000
Explanation:
Data provided in the question:
Cost of the truck = $56,000
Accumulates depreciation on January 1, 2018 = $38,000
Reimbursement received from the insurance company = $32,000
Now,
the book value on January 1, 2018
= Cost of the truck - accumulated depreciation
= $56,000 - $38,000
= $18,000
since, the book value is less than the Reimbursement amount received, therefore a gain will be recognized
The amount of gain = $32,000 - $18,000
= $14,000
