All categories

4 years ago

Using government regulations to limit the import of goods and services is called

Business

2 answers:

zimovet [89]4 years ago

8 0

Answer:

Using government regulations to limit the import of goods and services is called trade protectionism

Explanation:

A quota is a government-forced exchange limitation that restrains the number or money related estimation of merchandise that a nation can import or fare during a certain period. Countries use standards in global exchange to help direct the "volume of trade" among them and different countries.

Quotas center on constraining the amounts, now and again, the combined estimation of a specific decent that a nation imports or fares for a particular period, while taxes force explicit expenses on those products.

zimovet [89]4 years ago

4 0

Answer:

protectionism

Explanation:

The country could overtax import products such as manufactured products in order to protect its own products and industries. This is very common in trade markets. Nowadays, through the globalization and China´s high development protectionism is ending.

You might be interested in

Over which of the following factors affecting profits does a business have the most control:

Paul [167]

The factor that affecting profits to a business that have the most control is the expenses.

<h3>How expenses affect profit?</h3>

The expenses play the major role to affect the profit of business organizations, as it is clear that if the firm incurred more expenses in various things that are not related to the business, then ultimately the profit level decreases, and vice-versa.

Therefore, option A is correct.

Learn more about the profit, refer to:

brainly.com/question/15036999

#SPJ1

8 0

2 years ago

In its income statement for the year ended June 30, 2009, The Clorox Company reported the following condensed data (dollars in m

Kruka [31]

Answer:

Clorox Company

multiple-step income statement.

Net sales $5,450

Less Cost of goods sold ($3,104)

Gross Profit $2346

Less Operating Expenses :

Selling and administrative expenses $ 715

Research and development expense $ 114

Advertising expense $499 ($1,328)

Operating Income $1018

Less Non Operating Expenses :

Income tax expense $276

Interest expense $161

Other expense $46 ($483)

Net income $535

Explanation:

The multiple-step income statement shows separately the income derived from primary activities (operating income) and secondary activities (net income)

8 0

3 years ago

If budgeted beginning inventory is $9,150, budgeted ending inventory is $10,420, and budgeted cost of goods sold is $11,110, bud

vekshin1

Answer:

$12,380

Explanation:

The beginning inventory is $9,150

The budgeted ending inventory is $10,420

The cost of goods sold is $11110

Therefore the budgeted purchases can be calculated as follows

= $10,420 + $11,110-$9,150

= $21,530 - $9,150

= $12,380

Hence the budgeted purchases is $12,380

7 0

3 years ago

We have said that strategic management is an evolution and a destination. What does this mean? Discuss in detail

damaskus [11]

Explanation:

Strategic management is an evolution and a destination due to the fact that the organizational strategy is developed in pursuit of objectives and goals. This means that action plans for achieving goals can be changed according to internal or external interference.

A company's strategy is not inert, so strategic management will be carried out according to the market situation, the internal environment and other variables, so that there is monitoring, organization and strategic coordination of the company according to its environment.

4 0

3 years ago

The balance sheet of Crimpson Solutions Ltd. has cash of $125 million, accounts receivable of $245 million, inventory of $160 mi

Studentka2010 [4]

Answer:

The Crimpson's current ratio is 1.32 times

Explanation:

Current Ratio: The current ratio is that ratio which meet short term liquidity. It comprises of two things i.e Current assets and current liabilities.

Current assets is that assets which are converted into cash in less than one year. It includes stock, accounts receivables, cash, etc

Current liabilities is that liabilities which are payable in less than one year. It includes creditors, accounts payable etc

Current ratio = current assets ÷ current liabilities

where,

current assets is equals to

= Cash + accounts receivable + inventory

= $125 + $245 + $160

= $530 million

And, current liabilities equals to

= Accounts payable + notes payable

= $120 + $280

= $400 million

We assume notes payable is less than 12 months so, we include in current liabilities

Now put these values over the above formula.

So, the current ratio = $530 ÷ $400 = 1.32 times

Hence, Crimpson's current ratio is 1.32 times

3 0

3 years ago