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3 years ago

Name two arguments that support international trade.

2 answers:

8 0

One argument for is that exports help improve the terms of trade of a country and also opens markets for domestic producers, meaning they can grow, employ more workers, earn more income, etc. Another argument for is that it increases competition, as there are goods coming in from all corners of the world, which may pressure domestic pressures to be more competitive and innovative with their products, improving its quality and product choice.

An argument for protectionism could be that imports may actually be harming domestic producers, which as we can see from President Trump's rhetoric, we can deduce that cheap imports from China will take sales revenue away from American producers and potentially cause them to lose customers and close down. Another argument for is that quotas and tariffs will make imports more expensive, which may make domestic products more price competitive.

Regarding the opinions, come up with it yourself. Think of the pros and cons and make a balanced judgement.

dexar [7]3 years ago

7 0

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The Millennials or Gen Ys, along with their younger counterparts, the iGeneration, are "digital natives" who grew up in technolo

choli [55]

Answer:

Generational Cohort

Explanation:

Generational Cohort is the theory, that suggest or states that the several or multiple generations were distinguished grounded on the particular time periods into which the people or an individual were born and the time periods they grew up.

In short, it is defined as the groups of people who were born during a particular time or at the same time. So, the digital natives who grew up in the environment which is technology enriched are known as the generational cohorts.

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3 years ago

What is the smallest level at which life may exist

DerKrebs [107]

CELL is the smallest level.........

6 0

3 years ago

For each separate case, record the necessary adjusting entry. On July 1, Lopez Company paid $1,200 for six months of insurance c

kenny6666 [7]

Answer:

Explanation:

The adjusting entries are shown below:

1. Insurance expense A/c Dr $1,200

To Prepaid insurance A/c $1,200

(Being prepaid insurance is adjusted)

2. Supplies expense A/c Dr $6,200

To supplies A/c $6,200

(Being supplies adjusted)

The supplies at the end of the year is computed below:

= Supplies account balance + purchase of supplies - available supplies

= $5,000 + $2,000 - $800

= $6,200

5 0

2 years ago

Many times when working with a new manager, Amy, a successful small-business owner, asks the manager, "What management method do

Mademuasel [1]

Answer:

False

Explanation:

Contingency approach, also known as situational approach, is a concept in management stating that there is no one universally applicable set of management principles to organizations. Organization's are individually different, face different situations, and require different ways of managing.

3 0

3 years ago

Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future. Matthew eagerly accepts. Do they h

WINSTONCH [101]

Answer:

Probably not, because the terms are not definite.

Explanation:

A contract is considered to be valid when there is a written or expressed agreement for one party to deliver goods or services to another.

The terms are clearly stated. For example the price, time of sale, acceptance of price, and so on.

A valid contract has the following elements: offer, acceptance, agreement, and consideration.

In the given scenario where Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future and Matthew eagerly accepts. There is an agreement but there is no specific offer and consideration of price and also the time of transaction.

So the contract is probably not valid because terms are not clearly defined.

3 0

3 years ago