Answer:
The French government is using the trade policy instrument of subsidy to encourage the agricultural industry.
Explanation:
Seeds and fertilizers are inputs in the agricultural industry. Providing low-interest loans is a form of subsidizing the purchase of inputs for production.
Tax reductions and cash grants are also ways to subsidize production as the expenditures of agricultural businesses are encouraged with cash grants and profits are increased due to paying less tax.
Answer:
Yes, because Allied Electric infringed on Hot Products' patent.
Explanation:
A patent is a licence issued by a government that gives exclusive ownership of an invention to a particular person or company.
Other parties cannot make, use, or sell the invention.
Patent infringement occurs when a party uses a patented invention without the consent of the owner.
On the given scenario Hot Products owns a valid patent for a fan motor that it uses in ceiling fans. Allied electric is using the fan motor without he consent of Hot Products.
So this is a patent infringement and sue and make a recovery from Allied Electric
Based on the payment made into the account every year and the interest rate, the amount in the account after 25 years should be <u>$187.159.62</u>
The amount is constant which makes it an annuity.
The future value of an annuity is:
<em>= Amount x ( ( 1 + rate) ^ Number of years - 1) / Rate </em>
Solving gives:
= 5,000 x ( ( 1 + 3.2%) ²⁵ - 1) / 3.2%
= $187.159.62
In conclusion, the amount would be $187,159.62
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