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
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.

You might be interested in
Gary works as a customer service representative, but thinks this job is not a good fit for his interests or talents. However, he
Kamila [148]

Answer:

Exploration

Explanation:

Exploration or career exploration in the career development process can be described as a process of learning about different occupations or job titles exist and determining how they fit into the unique career preferences of a job seeker.

The unique career preferences include values, skills and interest which the job seeker intends for his career to satisfy.

Career exploration is usually carried out after or during the identification of career preferences by a job seeker via self-assessment.

Since the U.S. Department of Labor provides about 840 classifications of occupations, a visit to their website by Gary to carry out a research indicates that he is engaging in the exploration step of the career development process.

3 0
3 years ago
Assume that IBM leased equipment that was carried at a cost of $67,000 to Crane Company. The term of the lease is 5 years Decemb
maw [93]

Answer:

Date                    Account Title                                 Debit                 Credit

Dec. 31, 2019     Lease Receivable                       $97,001

                           Cost of Goods sold                    $67,000

                           Sales Revenue                                                      $97,001

                           Inventory                                                                $67,000

Date                    Account Title                                 Debit                 Credit

Dec. 31, 2019      Cash                                          $22,879

                            Lease Receivable                                                 $22,879          

4 0
3 years ago
When two or more organizations combine to become one, it is referred to as a(n)?
xeze [42]

When two or more organizations combine to become one, it is referred to as a merger.

What are the 3 types of mergers?

Vertical, horizontal, and conglomerate mergers are the three basic forms of mergers.

  • Horizontal Merger- Companies at the same stage in the same industry unite in a horizontal merger to cut costs, increase product options, or lessen competition.
  • Vertical Merger- In a vertical merger, a business acquires another business in the same sector that is frequently active at an earlier or later point in the manufacturing or sales process.
  • Conglomerate Mergers -To lower risk, conglomerates consolidate firms that are unconnected to one another.

Learn more about Mergers: brainly.com/question/16557059

#SPJ4

6 0
2 years ago
The marine corps, while also steeped in tradition and focused on the individual marine, prides itself on its quick responsivenes
Murljashka [212]

The Marine Corps refer to the United States Marines Corps, a branch of the U.S. Army who is responsible for conducting expedition and amphibious operations with multiple branches of the military, which includes the Navy, Army, and the Air Force.

The answer to the question is size and capacity vs. speed and flexibility.

7 0
3 years ago
Read 2 more answers
Word processing software allows users to do
julsineya [31]
Word processing software allows people to do many many things! You can create data heavy pieces of text, attach charts, add nice colourful shapes, and even include table sets of data. 

Software such as Microsoft Word will allow you to do all of this, and more. You can format text, stylise text, design a document, add in datasets, etc. All of these capabilities allow you to have a full range of abilities in order to create a beautiful, great informative document. =)
5 0
3 years ago
Other questions:
  • Jerusha lives in a country with a large amount of protection under the law for conducting business or bringing her ideas to the
    13·2 answers
  • No more than 10% of your monthly income should go toward credit card payments.. . false. . true.
    13·2 answers
  • WILL MARK BRAINLIEST!!!!!
    15·2 answers
  • When one nation can produce a product at lower cost relative to another nation, it is said to have a(n) __________________ in pr
    10·1 answer
  • At the end of 2011, retained earnings for the bisk company was $3,050. revenue earned by the company in 2011 was $1,935, expense
    7·1 answer
  • Assume that Hotel Excellent uses activity-based costing to allocate hotel overhead to guests. In Hotel Excellent, if the budgete
    13·1 answer
  • Why are we forced to make choices in day-to-day life?
    9·1 answer
  • The supply schedule is identical to the demand schedule at every price. b The quantity demanded is the same as the quantity supp
    10·1 answer
  • Amberjack Company is trying to decide on an allocation base to use to assign manufacturing overhead to jobs. The company has alw
    9·1 answer
  • Which group tried to learn American Indian languages and customs?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!