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diamong [38]
3 years ago
10

Of the following statements about trade, which is NOT true? Trade generates jobs in both export and import sectors of an economy

. The gains from open trade are always greater than the losses. Open trade and investment does create winners and losers. Trade does not influence culture. Trade is the two-way flow of exports and imports of
Business
1 answer:
Over [174]3 years ago
5 0

Answer:

Trade does not influence culture.

Explanation:

The gains from international trade are the result of countries' specialization in the production of those goods that they have productive efficiency. Countries export these goods and import those goods whose domestic production would not be efficient compared to other countries.

With the advent of globalization, trade between countries has increased considerably. Through international trade, new goods and services are introduced into countries, including affecting leisure, culture and behavior. Thus, it is not correct to say that international trade does not influence the culture of the countries. On the contrary, international trade encourages cultural plurality.

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A company builds a new plant and finances its construction by issuing stock. Which ratio is least likely to be affected, all els
Marta_Voda [28]

Answer:

a. Current ratio

Explanation:

Current Ratio is the least likely to be affected

The  Current Ratio is given as

Current Ratio = [ Current assets ] ÷ [ Current liabilities  ]

Now,

Building a new plant is a fixed asset for the company.

Thus, It will add to the Fixed assets

Since,

The Formula for current ratio is independent of the fixed assets

Therefore,

It will be least affected.

While,

Debt to equity ratio = [ Debt ] ÷ [ Equity ]

Debt to asset ratio= [ Total Debt ] ÷ [ Total Assets ]

Net fixed assets to total assets = [ Net fixed assets ] ÷ [ Total assets ]

in all the above relations, fixed asset will change the value of the total assets.

Hence,

They all will be affected

7 0
3 years ago
PLS HELPPP FASTTT!!!! Which of the following is not consistent with the efficient market hypothesis?
Morgarella [4.7K]

Answer:

c. News has no effect on stock prices.

Explanation:

A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country. For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis which states that, asset (share) prices reflect all information and it is very much impossible to consistently beat the market. Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

According to the efficient market hypothesis, News has an effect on

the prices at which a stock is sold because it affects demand and supply.

6 0
3 years ago
When only certain eoc team members or organizations are activated to monitor a credible threat, which activation level has been
skelet666 [1.2K]

The answer is:  Level 1 – Full Activation

In this level, the state would give a notification to all states' supporting agencies that a start plan is about to be implemented. The  Division of Emergency Management personnel  would soon take control to organize these agencies and assign them with each of their own roles.

5 0
3 years ago
Read 2 more answers
Formula for average inventory ​
morpeh [17]

The average of inventory is the average amount of inventory available in stock for a specific period.


To calculate the average of inventory, take the current period inventory balance and add it to the prior period inventory balance. Divide the total by two to get the average inventory amount.
6 0
3 years ago
The balance sheet of Starsky Company at December 31, 2019, includes the following. Notes receivable $36,000 Accounts receivable
Arturiano [62]

Answer:

Journal Entry

Explanation:

1. Cash Dr,                                      $136,800  

Sales Discount Dr,                         $1,200

($60,000 × 2%)

         To Accounts receivable     $138,000

(Being cash is recorded)

2. Accounts receivable Dr,            $5,300  

      To Allowance for doubtful accounts $5,300

(Being written off is recorded)

     Cash Dr,                                        $5,300  

       Accounts receivable                  $5,300

(Being payment received is recorded)

3. Allowance for doubtful accounts Dr, $17,500  

       To Accounts receivable              $17,500

(Being  written off is recorded)

4. Bad Debts expense Dr,                $14,900

=$20,000 - ($17,300 + $5,300 - $17,500)

    To  Allowance for doubtful accounts  $14,900

(Being bad debt expenses is recorded)

8 0
3 years ago
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