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melomori [17]
3 years ago
9

One reads the following in a newspaper: "Today the president and Congress agreed to impose new restrictive quotas on Japanese ca

rs coming into the country." As a result, an economist would predict that the____________.
Business
1 answer:
Elden [556K]3 years ago
7 0

Answer:

This is likely to improve Balance of Payment (in direction of surplus)

Explanation:

Balance of Payment is a systematic account of economic transactions of a country, with rest of world.

Any item leading to inflow foreign exchange is recorded as credit transaction, & item leading to outflow of foreign exchange is recorded as debit transaction. Eg : Exports are recorded as credit transactions, Imports are recorded as debit transactions.

BOP is Balanced if : Debit (outflow) transactions = Credit (inflow) transactions ; Deficit if : Debit (outflow) transactions > Credit (inflow) transactions ; Surplus if : Debit (outflow) transactions < credit  (inflow) transactions

Quota is non tariff quantitative trade restriction, imposed to discourage imports. Imposition of restrictive quotas on japanese cars reduces their imports. Other things constant, this increases net exports (exports - imports) & hence improves Balance of Payment (in direction of surplus)

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In her job as a bookkeeper, Becca has learned that one of her strengths is her thoroughness and close attention to detail. Which
Nikitich [7]

The answer to the question is transferable skills. Transferable skills refer to <em>a group of skills that a person can use in a variety of occupations. </em>Its opposite is content skills, which refers to a group of skills that are commonly associated with a specific job-type.

Thus, since Becca mentions that her strengths are her thoroughness and close attention to detail, these strengths fall more into the category of transferable skills since she can use these skills in different occupations if she chooses to have a career change.  

3 0
3 years ago
On January 1, Year 1, Chaco Company sold $300,000 of 10% twenty-year bonds. Interest is payable semiannually on June 30 and Dece
Andrei [34K]

Answer:

The amount of effective interest expense that chaco will record in the first six months is $14,375

Explanation:

interest payment that will be first made is on June 30, Year 1. Therefore, the outstanding balance used in the calculation is the issue price.

The interest expense is calculated by these formula

Interest expense = Effective semiannual interest rate × Outstanding balance

Interest expense = (8% ÷ 2) × $359,378 = $14,375

So the interest expense is gotten as %14,375

8 0
3 years ago
Read 2 more answers
Which of these is a renewable resource? A. Coal B. Trees C. Iron D. Oil<br><br> 2b2t
harkovskaia [24]
Trees are a renewable resource
4 0
3 years ago
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Shasta Fixture Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing ha
k0ka [10]

Answer:

a. Determine the standard cost per unit for direct materials and direct labor.

standard direct labor rate = $20 x 30/60 minutes = $10 per faucet

standard direct materials rate = $1.80 x 2.5 lbs = $4.50 per faucet

b. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance.

direct materials price variance = (actual price x actual quantity) - (standard price x actual quantity) = ($1.95 x 13,000) - ($1.80 x 12,500) = $25,350 - $22,500 = $2,850 UNFAVORABLE

direct materials quantity variance = (standard price x actual quantity) -(standard price x standard quantity) = ($1.80 x 13,000) - ($1.80 x 12,500) = $23,400 - $22,500 = $900 UNFAVORABLE

total direct materials variance = direct materials price variance + direct materials quantity variance = $2,850 + $900 = $3,750 UNFAVORABLE

8 0
3 years ago
4. Choose an example of a type of new company you could start, and then use this company idea to answer the questions below. TIP
AlexFokin [52]

The most important factor in the work process or industry is to retain the interest of the employee. And to retain them, their salary or profit must be adjusted to the best value. Unless the employee does not do his job properly, employees must receive bonuses or benefits to ensure them to stay in the company. It will actually make them stay longer, make them feel important and reduce costs for hiring new employees.

6 0
3 years ago
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