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3 years ago

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:

A trade surplus is a positive balance of tradewhere a country's exports exceed its imports. 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.

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An individual in the US wants to buy office equipment from England which costs 2,000 pounds. If the exchange rate is 1pound=$1.9

guajiro [1.7K]

Given:

Cost of the office equipment in pounds = 2000

Value of 1 pound in dollars as per exchange rate = 1.9

To find:

The cost of the office equipment in dollars

Solution:

If 1 pound is 1.9 dollars, then 2000 pounds will be as follows,

$\Rightarrow\text{1 pound}\rightarrow\text{1.9 dollars}\\\\ \Rightarrow\text{2000 pounds}\rightarrow1.9\times2000 \text{ dollars}=3800 \text{ dollars}\\\\ \therefore \text{The value will be 3800 dollars}$

So, the correct option is Option c, that is $3800.

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Answer:

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Explanation:

This is an example of a limited partnership

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3 years ago

Other things held constant, which of the following events is most likely to encourage a firm to increase the amount of debt in i

True [87]

Answer: Option (c) is correct.

Explanation:

Correct Option: The corporate tax rate increases.

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Hence, large corporate taxes encourage firms to increase the amount of debt. Therefore, the firms with no debt pays higher taxes than the firms with higher amount of debt.

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