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zavuch27 [327]
3 years ago
11

3. The effective rate of protection is a weighted average of nominal tariffs and tariffs on imported inputs. It has been noted t

hat in most industrialized countries, the nominal tariffs on raw materials or intermediate components or products are lower than on final-stage products meant for final markets. Why would countries design their tariff structures in this manner? Who tends to be helped, and who is harmed by this cascading tariff structure?
Business
1 answer:
Naddik [55]3 years ago
4 0

Answer:

Industrialized countries place lesser tariff on raw or intermediate components because they want it to e more affordable to indigenous manufacturers who will use them to produce affordable finished products.

They  charge higher tariff on final products meant fro final markets because this will increase the prices of imported goods.

when this is done, the following are domestic producers are helped.

Because of this, domestic producers are not forced to reduce their prices from increased competition, and domestic consumers are left paying higher prices as a result.

Therefore, It is the consumers that are harmed because higher tariff increases the price per item.

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A two-year bond with par value $1,000 making annual coupon payments of $100 is priced at $1,000. a. What is the yield to maturit
amm1812

Answer: 10%

Explanation:

When the price of a bond is at par, it means that the coupon rate and the Yield to Maturity are the same.

The Coupon rate is the interest rate that the Issuer of the bond pays the bond holders as a percentage of Par.

The Coupon payment here is $100 and the rate is;

= 100/1,000

= 10%

<em>Coupon Rate = 10% = Yield to Maturity </em>

4 0
3 years ago
Why does hosa require students join through a local chapter instead of joining as individuals? hosa activities are so closely co
Delicious77 [7]
The reason why hosa require students to joint through local chapter instead of joining as individuals is : 
Hosa activities are so closely connected with the school curriculum,
And this curriculum usually more compatible if it's carried out in groups.
7 0
2 years ago
Read 2 more answers
A baseball player is offered a 5-year contract that pays him the following amounts: Year 1: $1.40 million Year 2: $1.51 million
jolli1 [7]

The player's annual salary (in millions of dollars), using the present value calculations, is <u>$1.89743 million</u>.

<h3>What is the present value?</h3>

The present value of the player's future cash flows (salaries) is the current value or the value in today's dollars.  It is computed by discounting the future values at the appropriate discount rate.

The present value can be computed using the Present Value formula, an online finance calculator, or the PV factor table.

Formula

PV = FV \frac{1}{(1+r)^{n}}

Where:

PV = present value

FV = future value

r = rate of return

{n} = number of periods

<h3>Data and Calculations:</h3>

Discount rate = 10%

Period of salary = 5 years

Period      Cash Flows     PV Factor      Present Value

Year 1:    $1.40 million        0.909           $1,272,600 ($1.4 x 0.909)

Year 2:    $1.51 million        0.826             1,247,260 ($1.51 x 0.826)

Year 3:  $2.25 million         0.751             1,689,750 ($2.25 x 0.751)

Year 4:  $2.59 million        0.683             1,768,970 ($2.59 x 0.683)

Year 5:   $3.17 million        0.621              1,968,570 ($3.17 x 0.621)

Additional present value required          1,540,000

Total present value =                             $9,287,150

Annual salary (in millions of dollars) = $1.89743 million ($9,287,150/5).

Thus, the player's annual salary (in millions of dollars) is <u>$1.89743 million</u>.

Learn more about present value calculations at brainly.com/question/20813161

8 0
2 years ago
On January 1, 2020, Waterway Company sold 11% bonds having a maturity value of $700,000 for $783,845, which provides the bondhol
Hoochie [10]

Answer:

The journal entry to record the issuance of bond is shown as:

Dr  Bank                                       $783,845

Cr  Bonds payable                                          $700000

Cr  Bonds premium                                          $83845

    Being issuance of bonds for cash

Subsequently,coupon interest is calculated is on the par value of $700000 at 11% while effective interest of 8% is calculated on $783,845

Explanation:

Upon issuance of the bonds,the receipt of cash of $783,845 is debited to bank account as an increase in asset.

The obligation to redeem the bond on 1 January 2025 is credited to bonds payable at par value of $700000(an increase in liability)

However, cash received is more by $83,845 which is credited to bonds premium account.

6 0
3 years ago
Which of the following is correct? Group of answer choices Risk-averse people will not hold stock. Diversification cannot reduce
pshichka [43]

Answer: The larger the percentage of stock in a portfolio, the greater the risk, but the greater the average return.

Explanation:

Stock in general is more risky than most financial instruments but this risk is accompanied with greater returns. This is why it is generally advisable to diversify stock in a portfolio.

As already mentioned, stock is risky but rewarding. It therefore follows that the more stock is in a portfolio, the risker the portfolio but the greater the average return.

6 0
3 years ago
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