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Soloha48 [4]
3 years ago
15

1) Consider the following statement: "Exports pay for imports. Yet in 2012 the nations of the world exported about $540 billion

more of goods and services to the United States than they imported from the United States." The apparent inconsistency of these two statements can be resolved by recognizing that
a) these comparisons use different measures of exports and imports.

b) in the short run, exports pay for imports, but in the long run a country can import more goods and services than it exports.

c) in the short run, a country can import more goods and services than it exports, but in the long run exports pay for imports.

d) each measuring agency uses a slightly different accounting system.
Business
1 answer:
Nitella [24]3 years ago
5 0

Answer:

c) in the short run, a country can import more goods and services than it exports, but in the long run exports pay for imports.

Explanation:

In the short run when a country imports more goods than it exports it will have a balance of trade deficit. All nations are striving for balance of trade ( exports will pay for imports). Over time as trade balances the exports will meet up with imports.

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Decrease, $2,000

Explanation:

The premium on bonds payable will <u>decrease </u>total interest expense recognized over the life of the bond by <u>$2,000</u>. The difference between the face value & the issue value $2,000 ($62,000 - $60,000) should be amortize over a period of time and of which is reduced from interest expense.

6 0
2 years ago
____________ skills include the ability to perform tasks of a specific department or job, such as selling (marketing) or bookkee
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C. Technical skills

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3 years ago
Which of the following is a risk of investing in a privately held company, instead of a publicly held company?
kolezko [41]

Private companies are not controlled b y the government and therefore there is a risk of shutting down as well, but Public companies are government owned companies

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3 years ago
Read 2 more answers
Lynette Company's Inventory balance at 12/31/04 was $200,000 and was $188,000 at 12/31/05. Its Accounts Payable balance e at 12/
Viefleur [7K]

Answer:

A) $704,000.

Explanation:

For computing the cash payments we need to calculate the following amounts which are as follows

Total purchases = cost of goods sold + ending inventory - opening inventory

= $720,000 + $188,000 - $200,000

= $708,000

Now cash payment to merchandise is

= Beginning account payable balance + purchased made - ending account payable balance

= $80,000 + $708,000 - $84,000

= $704,000

Hence, the correct option is A. $704,000

3 0
3 years ago
Companies like my​ gym, which seek to do business in new markets for manufacturing​ and/or marketing​ purposes, have many potent
jeka94

They have many potential <u>Entry Modes</u> at their disposal.

<h3>What is Entry Mode?</h3>

Foreign market entrance modes in international trade are the methods through which a corporation can expand its services into a non-domestic market.

Market entrance options are classified into two types: equity and non-equity. Export and commercial agreements are examples of non-equity mechanisms. Joint ventures and totally owned subsidiaries are examples of equity models. Different entrance mechanisms differ in three key ways:

  • The level of danger they pose.
  • Control and dedication to the resources required.
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Therefore, Companies like my​ gym, which seek to do business in new markets for manufacturing​ and/or marketing​ purposes, have many potential​ <u>Entry Modes</u> at their disposal.

For more information on Entry Modes, refer to the given link:

brainly.com/question/17232113

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4 0
1 year ago
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