Answer:
Key infant industries must be protected, specially those that operate with new technologies.
Explanation:
It takes time for infant industries to develop certain comparative advantages that allows them to compete against foreign firms. While they are developing their own comparative advantages, infant industries can easily go out of business due to foreign competitors that have been around for much longer.
In order to achieve competitive prices, infant industries must first achieve economies of scale. While foreign firms are already able to offer low prices because they are able to produce with lower costs.
Answer:
<em>$13</em>
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Explanation:
The fix manufacturing cost per unit can be calculated as following:
+) Fixed manufacturing cost per unit = Fixed manufacturing cost/ Units produced
= 240,000/ 60,000 = $4
The variable costs per unit include:
+) Direct materials per unit: $5
+) Direct labor per unit: $3
+) Variable overhead: $1
=> The per unit manufacturing cost under variable costing is: 5 + 3 + 1 = $9
<em>The per unit manufacturing cost under absorption costing is = Fixed manufacturing cost per unit + The per unit manufacturing cost under variable costing</em>
<em>= 4 + 9 = $13</em>
Answer:
E) Trading company
Explanation:
In international trade, trading companies are basically wholesalers that work at an international level. They usually purchase products from different businesses and then resell them to local retail businesses or sometimes final consumers (less common). Trading companies generally enter a exclusive distribution agreement with the manufacturer per region or country that they operate in.
Answer:
Non Banking Institutions (Investment Bank)
Explanation:
Non Banking Institutions (Investment Bank) do not have a full banking licence and are not usually supervised by a national or international banking regulatory agency.
NBIs facilitate investment, market brokerage, contractual savings and risk pooling.
Non Bank Institutions provide avenues for transforming an economy's savings to capital investment.
One way they do this is by underwriting new issues of securities for corporations, states, and municipalities needed to raise money in the capital markets.
The answer is c
I think. Let me know if it is right or wrong.