1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
For a​ manufacturer, the budgeted income​ statement________. A. does not include depreciation expense B. is​ accrual-based C. in
marissa [1.9K]

Answer:

For a​ manufacturer the budgeted income​ statement includes amounts from the​ sales, cost of goods​ sold, cash, and capital expenditures budgets (c)

Explanation:

Like a typical income statement, the Budgeted income statement would show its Sales Forecast, and the resultant costs of producing these volume projected. It will usually follow a trend consistent with the Previous years Business seasonality, peak and lows, and duration of consumer improved disposable income (e.g periods of tax credit, black friday etc).

In addition a Business will want to forecast its Cashflow and Capital expenditure (Balance Sheet) so as to have a general view of what to expect if circumstances turn out as planned and to have a picture of how much growth or decline it is projecting into the future.

8 0
3 years ago
To be a team, a group must be composed of members with complementary skills.T/F
AysviL [449]

True, because you don't everyone good at the same thing. For example, if you want to make a car, you don't want everyone to just know how to build doors.

3 0
3 years ago
On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On J
SashulF [63]

Answer:

1. The Ensor's stock measurement date is January 01, 2021

2. Compensation expense for the stock option is $50 million

3. Please see journal entry in the explanation below.

Explanation:

1. It was clearly indicated in the question that on January 1, 2021 , 32 million stock options were granted hence measurement date is ; 1st of January, 2021

2. The fair value per stock option is $6

Therefore, total compensation expenses = $6 × 25 million

= $150 million

Since the options are exerciseable between 01/01/2024 and 01/01/2026

The period for vesting will be 3 years from 01/01/2021 - 31/12/2023

Therefore, the compensation expense for the stock option in year 2021 = Total compensation expense/ Vesting period

= $150 million /3

= $50 million

3. Since 2.6 million(10%) were forfeited, 90% represent the remaining unforfeited. I. e (100%-10%)=90%

In 2022, which is the second year of the vesting period, compensation expense would be;

Compensation expense of 2022 = (Total compensation expense * 90% * the order of the period / Number of period - Compensation expense of

2021

= $150 million *90% *2/3 - $50 million

=$40 million.

In 2023,

Dr Cr

Compensation expense. $40 million

Paid in capital stock options. $40 million

4 0
3 years ago
A company reports the following: Income before income tax $387,520 Interest expense 69,200 Determine the times interest earned.
katen-ka-za [31]

Answer:

6.6

Explanation:

The formula and the computation of the times interest earned is shown below:

Times earned interest = (Earnings before income tax and interest expense) ÷ (Interest expense)

where,

Earnings before income tax and interest expense is

= $387,520 + $69,200

= $456720

And, the interest expense is $69,200

So, the times interest earned ratio is

= $456,720 ÷ $69,200

= 6.6

8 0
3 years ago
Suppose the gdp is in equilibrium at full employment and the mpc is .80. if government wants to increase its purchase of goods a
melamori03 [73]

<span>The marginal propensity to consume is a metric that quantifies the concept of increase in consumption with an increase in income. Mathematically MPC is defined as:</span>

MPC = Change in consumption / Change in income

Purchase of goods and services is considered as consumption, therefore:

Change in consumption = $16 billion

In the government’s perspective, taxes are considered as income, therefore the problem ask us to find for the necessary change in tax collection to maintain equilibrium GDP. Substituting the values in the formula:

0.80 = $16 billion / Change in income

Change in income = $20 billion

<span>Therefore the government should increase the tax collection by $20 billion.</span>
6 0
3 years ago
Read 2 more answers
Other questions:
  • A candy manufacturer is interested in the distribution of colors in each of its packages of candy sold. What should the research
    11·1 answer
  • Triangle Enterprises has no debt but can borrow at 8 percent. The firm's WACC is currently 13.2 percent, and there is no corpora
    5·1 answer
  • The purpose of advertising is _____.
    9·2 answers
  • The manager of a manufacturing company knows that they will need a new machine in one of their factories. The new machine will c
    6·1 answer
  • Carter Industries has two divisions: the West Division and the East Division. Information relating to the divisions for the year
    15·1 answer
  • Which of the following is an example of an equity investment?
    9·2 answers
  • What is the concept that people may decide what and when they want to buy and sell called?
    6·2 answers
  • You tell Alex that the two of you are off to a great start. The balance sheet is completed, and it's time to start putting toget
    7·1 answer
  • In the context of foreign market entry, _____ requires no equity investment and thus has a low risk, low rate of return, and lit
    11·1 answer
  • Match the measurement bases with its definition. Definition Measurement Bases A. Amount of cash (or equivalent) that would be re
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!