__________ unemployment refers to persons who purposefully quit their jobs and have not yet found a new job.

A market-sharing pact negotiated by trading partners that results in voluntary quotas applied to exports in order to protect the

Gnesinka [82]

The market-sharing pact or agreement negotiated by trading partners that give rise to voluntary quotas of exports aimed at protecting the importing country's domestic firms is called a <u>voluntary export restraint (VER)</u>.

<h3>What is voluntary export restraint (VER)?</h3>

Voluntary export restraints (VER) are export arrangements between exporting and importing countries so that the exporter agrees to limit the number of some exports.

VER allows the importing country's domestic firms to survive export dumping. It is the opposite of voluntary import expansions (VIE). VIE, which is a part of international trade agreements, allows for more imports by lowering tariffs or dropping quotas.

Thus, the market-sharing pact negotiated by trading partners allowing for voluntary quotas on exports is called <u>voluntary export restraint (VER)</u>.

Learn more about international trade agreements at brainly.com/question/1465144

6 0

3 years ago

An attractive industry is one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, l

lord [1]

Answer:

False.

Explanation:

An attractive industry are not one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, low threats from substitute products, and low rivalry among firms.

An industry is defined by a group of firm that produce good and service, which are close subtitute and bargaining power of supplier are not considered as entry barrier to a firm in the open market. Industry with high fixed cost can pose high degree of rivalry among firm.

5 0

4 years ago

Ashley has a large and growing collection of animated movies. She wants to replace her old television with a new LCD model, so s

Lelu [443]

Answer:

$3,402

Explanation:

We are to calculate the future value of the annuity

The formula for calculating future value = A x (B / r)

B = [(1 + r)^n] - 1

R = interest rate

N = number of years

(1.10)² - 1 = 0.21

$1,620 x( 0.21 / 0.1) = $3,402

4 0

3 years ago

What resourse is both renewable and inexpensive?<br><br> gold<br> coal<br> lumber<br> mineral

balu736 [363]

Minerals. Plants contain minerals and it's inexpensive which means it's not that much expensive. Minerals are all around is. Ur welcome.

8 0

4 years ago

Becky only eats out at Macaroni Grill and eats out three times per month. She receives a raise from $33,200 to $33,500 and decid

iragen [17]

Answer:

55.58

Explanation:

Data provided in the question;

Initial demand per month, Q₁ = 3

Final demand per month, Q₂ = 5

Initial price, P₁ = $33,200

Final price, P₂ = $33,500

Now,

elasticity of demand using midpoint method is calculated as :

= $\frac{\textup{percent change in demand}}{\textup{percent change in supply}}$

or

= $\frac{\frac{Q_2-Q_1}{\frac{Q_1+Q_2}{2}}}{\frac{P_2-P_1}{\frac{P_1+P_2}{2}}}$

on substituting the respective values, we get

= $\frac{\frac{5-3}{\frac{5+3}{2}}}{\frac{33,500-33,200}{\frac{33,200+33,500}{2}}}$

or

= $\frac{\frac{2}{4}}{\frac{300}{\frac{66,700}{2}}}$

or

= $\frac{0.5}{\frac{300}{33,350}}$

= 55.58

3 0

4 years ago