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Artist 52 [7]
3 years ago
5

The term _____________ describes circumstances where a country's exports exceed its imports.

Business
1 answer:
irina1246 [14]3 years ago
4 0

Answer:

C. trade surplus

Explanation:

<em>A trade surplus is a positive balance of tradewhere a country's exports exceed its imports</em>.   Trade Balance = Total Value of Exports - Total Value of Imports if Total Value of Exports is bigger than the Total Value of Imports the trade balance will be positive.

I hope you find this information useful and interesting! Good luck!

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If the United States and Canada abolish all tariffs on each other's goods and implement a common tariff on goods imported from o
Lorico [155]

Answer:

b. customs union

Explanation:

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3 years ago
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Sharon works for a cereal manufacturing company. Her company recently built a manufacturing facility in Canada and agreed to tak
sergejj [24]

Answer:

d. buyback

Explanation:

The scenario that is being described is a form of countertrade known as buyback. There are two reasons why this usually happens. The first is that the manufacturing company has limited access to liquid funds in the country which they are currently located and the goods provide better value. The second circumstance would be that they believe that the product being produced will increase in value and their profits will increase by holding the product as opposed to liquid funds.

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3 years ago
What are the principles of professionalism and ethics
sasho [114]
The principle of professionalism<span> is a standard of personal conduct by a </span>professional<span>in his business dealings. While guidelines for acceptable and expected behavior vary from industry to industry, personal </span>principles<span> typically focus on </span>ethics<span>, code of conduct, appropriate personal interactions and workplace integrity.</span>
7 0
4 years ago
If the price of tutoring increases from $5 to $15, producer surplus increases, in numerals, by $_____.
olga_2 [115]

With the price increase in tutoring from $5 to $15, producer surplus increases by <u>$10</u>.

<h3>What is producer surplus?</h3>

Producer surplus is the additional benefit that the tutors receive.  It can be computed by determining the difference between old tutoring price, $5, and the new market price of $15. The implication is that while tutors are willing to accept $5, the new marketing price has made it possible for them to increase their surplus by $10 ($15 - $5).

Thus, the producer surplus increases by $10 to show the increased benefit that suppliers receive for selling their services in the marketplace.

Learn more about producer surplus at brainly.com/question/7622454

7 0
3 years ago
A cable company spends, on average, $ 600 to acquire a customer. Annual maintenance costs per customer are $ 45. Annual record-k
tangare [24]

Answer:

Average customer life value

CLV = 1260

Explanation:

Gross Margin \times\frac{retention}{1+discount-retention} )= CLV

Fis, we will calcualteteh gross margin.

For that we need the revenue:

We will calculate the average revenue per year:

50%  30 dollars per month = 180

40%  50 dollars per month = 240

10%   80 dollars per month =  96

average annual revenue per customer: 516

now we ill calcualte the gross margin:

revenue           516

maintenance   (45)

administrative (30)

gross margin   441

441 \times\frac{0.8}{1+0.08-0.80} )= CLV

CLV = 1260

6 0
3 years ago
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