Answer:
a. $42
b. $36
c. benefits consumers in Brazil. They pay less by $6.
d. does not affect consumers and producers in the United States.
Explanation:
a) Data and Calculations:
Free market price of semiconductor = $30
Brazil tariff on imports = 40%
This means Brazilians pay $42 ($30 * 1.4) per semiconductor
New Brazil tariff on imports = 20%
This implies that Brazilians will now pay $36 ($30 * 1.2) per semiconductor
b) Import tariffs by Brazil are taxes imposed on imports into Brazil by the Brazilian government to discourage imports, generate revenue, and control the type of goods and services imported into Brazil. The Uruguay Round was an international trade conference that birthed the WTO. The purpose of the conference and the creation of WTO was to enable countries negotiate better trade deals and ensure the creation of free trade among the comity of nations.
NOUN
something pledged as security for repayment of a loan, to be forfeited in the event of a default
ADJECTIVE
additional but subordinate; secondary.
Answer:
The correct answer is letter "E": The government implemented a generous welfare plan 3 years ago to support people who cannot find work.
Explanation:
According to the excerpt, a government implemented fiscal policies to increase employment for the past two years but the rate has not risen since then. One of the reasons for such a situation could be <em>generous welfare support</em> implemented one year before the fiscal policy measures started.
<em>If the benefits for the unemployed increase they will be discouraged to return to the labor force</em>. It implies the government should keep the welfare benefits at a level from where unemployed individuals can cover basic needs only but encourage them to find a job to be productive for the economy.
No that is false. Because sports and entertainment usually are short lived while they are being performed they are considered perishable.
Answer:
255 gallons
Explanation:
The level at Jackson & Jacinto Auto Repair should order more oil is the re-order point.
To calculate the re-order point, we require for Jackson and Jacinto.
Average daily usage
Delivery lead time ... which is three days
The average daily usage for oil is 510 gallons divided by six working days
= 510/6
= 85 gallons
Formula for getting the re-order point
= (average daily usage x delivery time)
= (85 x 3)
=255 gallons
They should re-order when they have a balance of 255 gallons
