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hammer [34]
3 years ago
15

Which statement describes a benefit of international trade?

Business
2 answers:
melisa1 [442]3 years ago
4 0

Countries gain from exchange when trade enables each country to receive a higher price for exported goods and/or pay a lower price for imported goods. This leads to more efficient resource allocation and allows consumption of a larger variety of goods.International trade is where there is exchange of goods and services across International territories where in most countries this exchange represents a significant a share of gross domestic product(GDP). One of the most immediate benefits of this trade is lower costs to consumers


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Nikitich [7]3 years ago
4 0

im pretty sure its D.

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Does the United States’ labor supply tend to be more elastic or more inelastic? Explain the competing theories discussed in our
tensa zangetsu [6.8K]

Answer:

The labor market operates in the US and other free-market systems according to the laws of supply and demand. Workers or laborers offer their time to the marketplace for a price. Business firms have a demand for labor of various kinds at various prices.

Explanation:

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4 years ago
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Zeke's Zipline Adventures sold 6 acres of land used in the business. The sales price was $12,000 and the adjusted basis of the l
bazaltina [42]

Answer:

$1,000

Explanation:

Zeke's zipline sold 6 acres of land

The sales price of the land was $12,000

The adjusted basis of the land was $9,000

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The remaining $8,000 will be received next year

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$12,000-$9,000/$12,000

= $3,000/$12,000

= 0.25

Amount received at the time of sale × 0.25

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= $1,000

Hence Zeke will recognise a gain of $1,000 in the Current year.

3 0
3 years ago
Deana was asked to provide information to support her friend, Toby who was denied a reasonable accommodation based on a disabili
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Answer: D. Toby was ultimately found to be disabled under the ADA, and entitled to reasonable accommodation

Explanation:

The options are

A.she testified on behalf of Toby

B) the employer retaliation (her demotion) was related to her testimony on Toby's behalf

C) Toby was ultimately found to be disabled under the ADA, and entitled to reasonable accommodation

D) she was demoted

Deana must be able to show all of the above except for

Toby was ultimately found to be disabled under the ADA, and entitled to reasonable accommodation.

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Sharman Athletic Gear Inc. (SAG) is considering a special order for 15,000 baseball caps with the logo of East Texas University
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<u>Solution and Explanation:</u>

The data of SAG of special order is given below:

Cost per unit = $3.50 , Allocated fix cost = $1.50 , Number of units in order = 15000

<u>Calculated the total cost of the special order as follows: </u>

Incremental cost per unit = Cost per unit-Allocated fix cost  =$(3.50 minus 1.50)  =$2

Incremental cost per unit=cost per unit-allocated fix cost  =$(3.50 minus1.50) =$2

Total incremental cost 15000 unit = number of units in order x Incremental cost per unit  =15000 multiply $2  =$30000

Therefore, total cost of the special order is $30000

b) Offering price by ETU = $35000. Hence, the offer made by ETU would affect the short term of the special order.

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6 0
3 years ago
An example of cyclical unemployment is a(n): 1 point geologist who is permanently laid off from an oil company due to a new tech
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Answer:

autoworker who is laid off from an automobile company due to a decline in sales caused by a recession.

Explanation:

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III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

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CU = AU - NU

An example of cyclical unemployment is an autoworker who is laid off from an automobile company due to a decline in sales caused by a recession.

3 0
3 years ago
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