1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tju [1.3M]
3 years ago
14

Inicell Inc., an American camera manufacturing company, wanted to import a few camera parts from Ruelia, an Asian company. Howev

er, the American government passed a taxation law that stated that a tax of 4% would be levied on all electronic imports.
In this scenario, the American government imposed:

A. voluntary export restraint
B. tariff
C. quota
D. embargo
Business
1 answer:
jonny [76]3 years ago
8 0

Answer:

B. tariff

Explanation:

A tariff is a form of tax imposed on imported goods by a country .

Quotas place a limit on the quantity of goods that can be imported.

Embargo prohibits the sale of certain goods.

Voluntary export restraint is when an exporting country limits the amount of goods it exports.

I hope my answer helps you

You might be interested in
34. Which of the following statements is correct? a. If oligopolists successfully collude, then their combined output will be eq
grandymaker [24]

Answer:

The correct answer is option d.

Explanation:

If oligopolists are able to collude successfully, they will be able to fix price and output similar to a monopoly.

In order to maximize profits, the oligopoly firms keep their prices higher than a perfectly competitive firm but lower than monopoly. The output level is kept higher than a monopoly firm but lower than a perfectly competitive firm.

5 0
3 years ago
The term used to describe the degree to which tasks in an organization are subdivided into separate jobs is called ________.
lyudmila [28]

Answer:

work specialization

Explanation:

The term being described is known as work specialization. This term, also known as division of labor, is mainly used by companies in order to divide a large job position into smaller, single tasks that can be completed by one individual. The individual that is given such a task is trained thoroughly in order for them to become a specialist in that task and output more precise workloads.

6 0
3 years ago
On January 1, Year 1, Johnston Company purchased a 40% interest in the common stock of Truly Inc. for $100,000. Johnston has sig
e-lub [12.9K]

Answer:

$112,000

Explanation:

The Equity method shall be used in this question for determining book value of investment made by the Johnston company in Truly Inc because the investment gives the Johnston company the significant influence over the Truly Inc.

Under equity method, the book value of investment made by the Johnston company as at end of year 1 shall be determined as follow:

Amount invested initially                                 $100,000

Add: Net income for the year                          $20,000

(50,000*40%)

Less: dividends received                                 ($8,000)

(20,000*40%)    

Book value of investment at end of year 1      $112,000

5 0
3 years ago
An increase in the amount of household wealth in an economy would ________ the average standard of living and would ________ the
Bezzdna [24]

Answer: raise; have little effect on is the correct option

Explanation:Wealth is understood as ownership of economic capital. It is viewed as a

dimension of people’s economic (or material) well-being, alongside income and

consumption. There are other concepts of capital that are important to people’s well-being

and complement the concept of economic capital, such as human capital, social capital

and collectively-held assets. However, while they may have considerable economic value to

the people that possess (or have access to) them, they are not material assets and liabilities

over which people can exercise ownership rights.

Information on household wealth is important at both the macro and micro levels.

Wealth is one of the key components of the economic system. It is a source of finance for

future consumption, for reducing vulnerability to shocks and to other unexpected

developments, and for undertaking business and other economic activities. At both the

macro and micro levels, household wealth statistics play a vital role in informing responses

to a wide range of policy and research questions. However, the perspectives and insights

provided at each level are also quite different. The primary focus

at the macro level is on the household sector’s wealth, its relation with the other sectors of

the economy, and its role within the broader economic system; conversely, the primary

focus at the micro level is on the wealth of individual households and its distribution

across different types of households.

8 0
3 years ago
Which career is best suited for people who have a high school diploma?
yuradex [85]

Answer:a

Explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • HELP 10 POINTS!!!!!!!!!!!! ONE QUESTION!!!!!!!
    10·1 answer
  • Windwings is a company that manufactures and markets flutes, a product with a steady demand rate. it is so successful at what it
    13·1 answer
  • True or false: if jacques's fire engines were a competitive firm instead and $160,000 were the market price for an engine, incre
    12·1 answer
  • What activities is a recent trend that may demonstrate employees taking responsibility for their own careers?
    11·1 answer
  • When the weighted average cost method is used in a perpetual inventory system, a weighted average unit cost for each item is com
    6·1 answer
  • The ending inventory of finished goods for each quarter should equal 20% of the next quarter's budgeted sales in units. The fini
    14·1 answer
  • If you lived under an economic system in which the government controlled all aspects of production, which economic system would
    7·1 answer
  • This is a piece of information that is used to support a main idea. definition
    14·2 answers
  • LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 4.2 hours of direct labor at the r
    11·1 answer
  • n a recent year's financial statements, home depot reported the following results. sales $ 95 billion net income 8 billion avera
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!