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Firlakuza [10]
3 years ago
7

The United States is___. A. the leading exporter, but not the leading importer in the world B. the leading importer and exporter

in the world. C. The leading importer, but not the leading exporter in the world D. Not the leading importer or exporter in the world
Business
2 answers:
Simora [160]3 years ago
7 0

C. The leading importer, but not the leading exporter in the world

US is only the third largest exporter but it is the largest exporter

bogdanovich [222]3 years ago
4 0

Answer:

C. The leading importer, but not the leading exporter in the world

Explanation:

The Leading Importer

The United States is the world's number one importer of goods. Based on data from the CIA factbook. The United states import figures was $2,352 billion[2017 estimate]. Its top imports include but not limited to industrial supplies, automotive vehicles, computers, food, beverages, capital goods, accessories and consumer goods.

Ironically, a sizeable chunk of this imports came from China which ranks as the second largest importer in the world.

Not the Leading Exporter

In term of export, the United States came second next to China with exports figures of $1,576 billion according to 2017 estimate. China came first. It is noteworthy that the United States was the world's top exporter prior to 2013.

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What factors caused american business to develop into a mixed economic system rather than some other type of economic system?
Ksivusya [100]

The economic system in the USA is rooted in the Laissez-Faire capitalism of Adam Smith. However, the real-world setting in the US is not as Laissez-Faire as Smith would have liked because the government greatly participates as more than umpire and rule maker. The government take part in American Business by way of resource or product markets, interest, and especially taxes which results in making the American business progressed into a mixed economy, showing both elements of capitalism and socialism.

Other factors such as <span>foreign competition, the Great Depression, World Wars I and II, and the increasing age of population have also contributed to the mixed economic system.</span>

3 0
3 years ago
Read 2 more answers
Yong produces silk and polyester fabrics. Management has compiled the following unit selling price and unit cost information for
monitta

Answer:

$9.05

Explanation:

the information about prices and costs is missing, so I looked it up:

contribution margin per yard for silk = $18 - $4.10 - $2.70 - $3.51 - $0.90 = $6.79

contribution margin per yard for polyester = $10.20 - $0.80 - $2.90 - $3.77 - $0.60 = $2.13

contribution margin per machine hour:

silk = $6.79 x 1/0.75 = $9.05

polyester = $2.13 x 1/0.5 = $4.16

8 0
3 years ago
Finishing Touches has two classes of stock authorized: 8%, $10 par preferred, and $1 par value common. The following transaction
Elza [17]

Answer:

See explaination and attachment

Explanation:

Stockholders' equity is the amount of assets remaining in a business after all liabilities have been settled. It is calculated as the capital given to a business by its shareholders, plus donated capital and earnings generated by the operation of the business, less any dividends issued.

Balance Sheet is a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.

See attachment for the step by step solution of the given problem.

8 0
3 years ago
Bonds, compared to stocks, have which of the following characteristics?
Inessa05 [86]
The correct answer for the given question above would be option C. Bonds, compared to stocks, have the characteristic of having maturity dates. Maturity date<span> refers to the final payment </span>date<span> of a loan or other financial instrument in which the principal is due to be paid. Hope this answer helps.</span>
3 0
3 years ago
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Economic theory offers ____________________ about the full range of possible events and responses, which can prevent ___________
Xelga [282]

Answer: The correct answer is "B".

Explanation: Economic theory offers "<u>a systematic way of thinking"</u> about the full range of possible events and responses, which can prevent <u>"misguided conclusion"</u> about how households will respond to changes in prices or incomes.

5 0
3 years ago
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