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Dmitriy789 [7]
4 years ago
13

If a country has a trade deficit, does it indicate that the country has a serious problem?

Business
1 answer:
Alex Ar [27]4 years ago
8 0

Answer:

<u><em>No, Trade deficits occur when a country's investment spending is higher than its level of saving</em></u>

Explanation:

As sad above trade deficits occur when a country's investment spending is higher than its level of saving but it is not a serious problem .

Trade deficit is that in which the imports are more than the export.Trade deficit can cause problem like balance of payment which affects the shortage of foreign exchange and this situation can hurt the  countries. Trade deficits not only affects foreign exchange but it also affects the economic stability and growth process.

The trade balance can corrected by consuming less and by saving more , and even by depreciate the exchange rate.

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3 years ago
A businessman in New York is preparing an itinerary for a visit to seven major cities. The distance traveled, and hence the cost
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Answer:

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Explanation:

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6 0
4 years ago
One year of college tuition at a state school is about the same cost as a toyota camry. this is an example of:
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Correct option: real value

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7 0
4 years ago
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On January 1, 2019, Tonika Company issued a five-year, $10,000, 8% bond. The interest is payable annually each December 31. The
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Answer:

So book value at the end of December will be $9676

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We have given amount of the bond = $10000

Rate of interest = 8 %

So interest paid Interest paid = 10000×0.08 = 800

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Interest expense = 9611×0.09= 865

Discount amortization = 865-800 = 65

Book value at the end of December 31,2019 = 9611+65 = 9676

4 0
4 years ago
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