Answer:
D. Dumping is exporting goods at prices that are lower than their value
Explanation:
Dumping in international trade occurs when a company or country exports goods to another at a cheaper place than it sells in its domestic market. Dumping involves the export of a large number of products to gain a substantial market share in foreign markets.
Although dumping is not illegal, it may stifle the development of local industries. Domestic producers, especially infant-industries, cannot compete favorably with low-priced dumped products. Countries apply protective measures such as import tariffs and quotas to guide against dumping.
Vladimir is a manager at an automotive plant in United States.His company has realized it needs to think globally since the whole world is a source of business and has struck a deal with an automotive supplier in Brazil to buy 15% of their parts at a discounted rate as this will better serve the company's needs.His company has also determined that they can streamline their processes if they outsource some work .It means Vladimir's company is demonstrating Globalization.
Answer: Correct answer id (d)
<u>Explanation:</u>
Globalization means going global.It means expanding business and ideas beyond the domestic boundaries.Globalization has turned the whole world into a small village.All countries have come closer to each other.
If Vladimir's company buy automotive parts from Brazil at discounted rates then they will get cost advantage and produce automotive at cheaper rates.Further by outsourcing some work they will be able to reduce their burden and get best services from the country to which they are outsourcing.
So globalization has many benefits in terms of increase in international trade,low cost of living,high standard of living.high quality goods and services.more wealth in the world.
Answer and Explanation:
New technology
With the advent of certain technology, it is true that there has been reduction in production cost and an increase in output. However, these new technology has put many employees to home as well.
Answer:
Date Account title Debit Credit
12/31/2021 Income tax expense $3,060,000
Deferred tax asset $ 969,000
Income tax payable $4,029,000
Explanation:
2021 Income tax expense from warranty costs:
= Taxable income - Pretax accounting income
= 10,160,000 - 7,100,000
= $3,060,000
Tax on the warranty payments will be treated as deferred tax assets so the total is:
= (1,020,000 * 30%) + (510,000 * 30%) + (510,000 * 30%) + (1,020,000 * 35%)
= $969,000
An amendment to the Texas constitution requires a balanced budget. this means that any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.
<h3>What is meant by an amendment to the constitution?</h3>
This is the term that is used to refer to the changes that are made to the constitution. This is used to refer to the particular changes and the bills or the resolutions that would be brought into the constitution that is existent in a particular place.
Hence we can say that An amendment to the Texas constitution requires a balanced budget. this means that any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.
Read more on amendment here: brainly.com/question/687600
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