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Igoryamba
3 years ago
9

In addition to the positive welfare effects that free trade has on an economy, there are a variety of other benefits of internat

ional trade. Consider the following scenario:Without free trade, Rooby has market power as a local producer. Once free trade is implemented in the local economy, Rooby is no longer able to raise its prices above competitive levels.The previous scenario represents which of the following benefits of free trade?a. Increased variety of goodsb. Enhanced flow of ideasc. Increased competitiond. Lower costs through economies of scale
Business
1 answer:
Svetllana [295]3 years ago
3 0

Answer:

c. Increased competition

Explanation:

This is an example of increased competition. When there is no trade, local producers have a monopoly on their industry. Because of this, they are able to decide on their own how they want to price their products. When trade exists, consumers are able to buy goods from more producers at fairer prices. This forces the local producers to lower their prices in order to remain competitive.

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Liquidity is best defined as the ease of converting an asset into cash. the direct exchange of goods and services for other good
Softa [21]

Answer:

as the ease of converting an asset into cash.

checking account

Explanation:

Liquidity refers to the ease of converting an asset into cash. Cash is the most liquid asset. While assets like real estate are less liquid because it is difficult to convert it to cash as their a lot of processes that must be undertaken before real estate can be converted to cash.

Checking account is the most liquid because it can be easily converted to cash.

4 0
3 years ago
The primary difference between an underwriting syndicate member and a selling group member in a firm commitment underwriting is
navik [9.2K]

Answer:

C) the syndicate member assumes liability for unsold shares and the selling group member does not.

Explanation:

In the trading of a security, the dealer's spread refers to the difference between the bid and asked prices of a security, which represents the dealer's markup, or profit from a security transaction.

Simply stated, the bid-ask spread refers to the amount by which the bid price by a dealer is lower than the ask-price for a security or an asset in the market at a specific period of time.

The bid-ask spread exists because of the need for dealers to cover expenses and make a profit. A bid-ask spread is use in the transaction of the following items; options, future contracts, stocks, and currency pairs.

The primary difference between an underwriting syndicate member and a selling group member in a firm commitment underwriting is that the syndicate member assumes liability for unsold shares and the selling group member does not.

4 0
3 years ago
On January 1, 2011, Ozark Minerals issued $10 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30
horsena [70]

Answer:

Explanation:

Bonds are corporate debt units that are issued by firms inform of financial securities and  are traded as tradeable assets. It is basically referred to as a fixed income instrument since bonds conventionally are paid a certain fixed amount of interest rate (coupon) to its respective debtholders.

going by the question Upon issuance, Ozark should

Credit premium on bonds payable $100,000

Because face value of bonds =  $10 million but issue price is  $10 million * 101 % i.e $ 10100000

So, premium = 10100000 - 10000000 = $ 100000

5 0
3 years ago
Read 2 more answers
Assume there is an increase in demand in a perfectly competitive market that was initially in long-run equilibrium. Which of the
Lemur [1.5K]

Answer:

b. In the short-run profits will be lower than normal.

Explanation:

a. An increase in demand means that customer desire for that good has increase. Thus, it is fair to infer that consumers have shown that they now consider the good to be more valuable.

b. It is actually quite the opposite, in the short-run, companies will be able to raise their prices and profits will be higher than normal.

c. The opportunity related to the increase in demand could be enough to attract resources from other industries into the market.

d. Since this is a perfectly competitive market, it tends to reach equilibrium and the market supply curve will shift right.

The false statement is alternative b.

7 0
3 years ago
Johnny works at an automobile manufacturing plant. his supervisors have received several complaints about him being careless wit
miss Akunina [59]

In the context of workplace deviance, the actions that Johnny has displayed is an example of property deviance. This type of workplace deviance focuses on the person’s behavior into stealing, lying about work hours, kickbacks and having to sabotage equipment in which Johnny has demonstrated.

4 0
4 years ago
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