Answer: b. International trade allows a country to specialize in items that can be produced most efficiently in that country.
Explanation:
Adam Smith with his Absolute Advantage theory, David Ricardo and his Comparative Advantage theory and the Heckscher-Ohlin theories believed that goods should be purchased from Countries that are more efficient in producing said goods so that the resources in the buying country can be channelled towards producing the good that the country can produce efficiently as well.
They believe this to be the foundation of global trade and that each country stands to gain if they buy the goods they are less efficient at producing and sell the goods that they are more efficient at producing. This way resources are properly channelled in an Economy and both countries involved in the trade can achieve high Economic growth as they are utilising their resources efficiently.
A staff meeting announcement needs to be in the first sentence, ex: please plan to attend....day, date, time, place should be included. Include the purpose of the meeting, ex: we will explain the new reimbursement procedure. Be sure to let readers know if they need to prepare anything/bring anything to the meeting. IF you require confirmation, tell the readers how to respond and by when. Optional: If the meeting is mandatory, it should be stated in the subject line and in the body. Goodwill is a good ending, ex: We look forward to seeing you there.
A reduction in retained earnings of $2,950,000.
$37(500,000 x .14) = &2,590,000
Answer:
False
Explanation:
Extrapolative expectations refer to an expectation in which there is a continuation of trend that means if the price of a property rises, then the demand is also rising and it pushed for more prices also there is a condition when the price is falling so it would also decrease in the market supply also it pushed out down
So the given statement is false
Answer:
The correct option is (D)
Explanation:
The balance sheet reflects the position of an organization in terms of assets and liabilities as on a particular date. All crucial financial information like methods of inventory valuation, depreciation method valuation of intangible assets cannot be reported in balance sheet. These are reported in notes to financial statements or footnotes.
Depreciation and amortization expense are reported on the asset side of balance sheet as a deduction from gross value of depreciable property to arrive at net value.
Asset balances are also reported in the balance sheet. Depreciation and amortization methods are reported in footnotes or notes to financial statements.
Therefore, all answer options are correct.
