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Nadusha1986 [10]
3 years ago
7

A common argument in favor of restricting international trade in good x is based on the premise that (A) international trade red

uces total surplus in countries that export good x. (B) international trade reduces total surplus in countries that import good x. (C) international trade is desirable only when countries with different domestic supplies of natural resources play by different rules when trading with one another. (D) trade restrictions can be useful when one country bargains with its trading partners.
Business
1 answer:
Yakvenalex [24]3 years ago
5 0

Answer:

Option D is correct

Explanation:

It is useful because it provides a platform for both parties to find a common ground favourable to both parties when trading in goods x be it resources for production of goods X or demand of final product of good x.

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North Carolina produces sweet potatoes in its rich soil, but does not have the climate to grow oranges well. It is correct to sa
inessss [21]

Answer:

c. comparative advantage in

Explanation:

In economics, comparative advantage is the advantage a trade party has over the other party, in the production of a a particular good that has a relatively lower opportunity cost. It simply involves exploring the option that has overall best package.

North Carolina has a comparative advantage in sweet potato production relative to Florida, as the opportunity cost involved is lower, since there is little potential benefits North Carolina will get in the production of oranges.

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3 years ago
These are the four stages of the business cycle:
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Answer:

IT'S D

Explanation:

ON EDGE2020

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Sanchez Company's output for the current period was assigned a $400,000 standard direct labor cost. The direct labor variances i
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Answer:

$406,000

Explanation:

Calculation to determine the actual total direct labor cost for the current period

Using this formula

Actual direct labor cost=Standard direct labor cost + unfavorable rate variance - favorable efficiency variance

Let plug in the formula

Actual direct labor cost=$400,000 + $10,000 - $4,000

Actual direct labor cost= $406,000

Therefore the actual total direct labor cost for the current period is $406,000

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3 years ago
Soffia Inc. manufactures a moisturizing soap with anti-ultraviolet properties, which is sold under the brand name DewMist. The c
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Answer:

Multibranding strategy

Explanation:

Multibranding strategy can be defined as a type of strategy in which a company gives its product a different brand name. It involves a producer selling different brands under the same product segment.

In Multibranding strategy there is no space for other competitors in the market. This strategy also strengthens the influence of these various products in the market.

A Multibranding strategy can lead to a great loss if it is not properly handled by the management of the organisation.

8 0
3 years ago
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Kray Inc., which produces a single product, has provided the following data for its most recent month of operations:
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Answer:

$76

Explanation:

The computation of Unit product cost under variable costing is shown below:-

Unit product cost under variable costing = Direct material + Direct labor + Variable manufacturing overhead

= $47 + $21 + $8

= $76

So, for calculating the Unit product cost under variable costing we simply added the direct material, direct labor and variable manufacturing overhead.

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3 years ago
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