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frosja888 [35]
3 years ago
13

Tire production in the United States has been on the decline, in both absolute and relative terms. Imported tires are replacing

most of the domestically manufactured tires in the market. Trade unions in the United States have claimed that over 7,000 jobs have been lost due to Chinese tire imports. You read a blog post that uses this example to say that this is exactly why countries should not engage in free trade: cheaper imports will flood the domestic market and unemployment in the country will increase. Do you think the blogger's conclusions are entirely correct? (Check all that apply) A. Yes, because the country loses jobs and workers are made worse off. B. No, because the efficiencies gained from exploiting comparative advantage generate more winners than losers. C. Yes, because the losers from free trade are likely to outnumber the winners, making the country worse off overall. D. No, because the winners from free trade could compensate the losers.
Business
1 answer:
Helen [10]3 years ago
6 0

Answer:

B. No, because the efficiencies gained from exploiting comparative advantage generate more winners than losers.

Explanation:

Everything has its all pros and cons. When international trade takes place, people in the economy are happy, because of wide variety and options given.

Further the traders, manufacturers also tend to grow as due to competition they improve with the quality standards, designs, variations, etc:

Competition forces to excel in any kind of job you do. And that only the best players and performers stay in the market.

This is the advantage, of such international trades.

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elena-14-01-66 [18.8K]

you should outline your goals: how do i spend my money; how much do I need to satisfy my goals.. how will i get the cash.. how long will it take to save the money...how much risk am i willing to take when i invest...what conditions in the economy or in my life could change my investment goals... are my goals reasonable... am I willing to make sacrifices to save... what will happen if I do not meet my goals.. Just some questions to ask yourself.

8 0
3 years ago
Frank is a married man with 2 children. he wishes to buy life insurance policy that will pay out when he dies. What type of poli
crimeas [40]
Sure, let me help you on this one!

Well, we need a policy that will not expire, and that has a death benefit. The only one on the list that fits this description would be letter B.

There are tons of life insurances out there; however, permanent insurance is one of few that pays out money to the relatives to help them achieve their life goals such as paying tuition for college. 

Answer: permanent policy.
6 0
3 years ago
Read 2 more answers
On January 1, 2020, Ann Price loaned $154440 to Joe Kiger. A zero-interest-bearing note (face amount, $200000) was exchanged sol
Leokris [45]

Answer:

$13,899.60

Explanation:

The amount of interest income that Ms. Ann Price should recognize in year 2020,the year the loan was given to Joe Kiger is the amount of the loan given out multiplied by the prevailing interest on similar loan which is shown below:

interest income in the year 2020=$154,440*9%=$13,899.60

The amount computed is the interest amortized for the year.

By multiplying the prevailing interest rate by outstanding loan amount each ,at  end of the third year the loan amount would be $200,000 as shown below:

future value=$154,440*(1+9%)^3=$ 200,004.28   approximately $200,00

7 0
3 years ago
Intermediaries add costs to products, but they also add such as convenience and assortment. t or f
svlad2 [7]

True, intermediaries add costs to products, but they also add such as convenience and assortment.

<h3>What are financial intermediaries ?</h3>

In every financial transaction, financial intermediaries operate as a middleman between two parties. A good illustration would be a bank, which performs a variety of functions, including acting as a go-between for lenders and borrowers and gathering cash for investments.

Banks and other financial intermediaries make it possible for capital to pass hands in a particular transaction. Typically, both the customer and the business pay a price for this. Physical storage and shipment require a lot of resources and time, adding to the transaction's expenses.

Hence, True is an appropriate response.

To learn more about financial intermediaries

brainly.com/question/1537763

#SPJ1

6 0
1 year ago
On July 1, Shady Creek Resort borrowed $320,000 cash by signing a 10-year, 11.5% installment note requiring equal payments each
Allisa [31]

Answer:

$36,800

Explanation:

The total amount of interest expense included in the first annual principal

= Principal's balance × yearly interest rate

= $320,000 × 11.5%

= $36,800

The principal's balance after the first payment is

= $320,000 - $36,800

= $283,200

The interest expense included in the second payment is

$283,200 × 11.5%

= $32,568

4 0
3 years ago
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