Answer:
The correct answer is: A) True.
Explanation:
Strategic commercial policy is defined as that commercial policy that a government implements through intervention and regulation and that is intended to modify the strategic interaction that occurs in certain sectors between national and foreign companies in the international arena. These actions, which are usually implemented through industrial policy, try
favor national companies over their foreign rivals. Those who support these practices argue that, given the imperfections of the markets, there are good reasons that justify an active industrial policy.
The strategic trade policy argument consists of two explanations: first, it states that with appropriate actions; A government increases national income if it somehow ensures that the companies that appropriate the advantages of acting first are national and not foreign.
Secondly; it is convenient for a government to intervene in an industry if it helps national companies to overcome the entry barriers created by foreign companies; who have already reaped the advantages of the one who acts first.
In conclusion, if these arguments are correct, the government has many reasons to intervene in international trade.
Answer:
Price competition in a monopolistically competitive market
Explanation:
The Monopolistic rivalry is an industry state with several firms that are closely linked to each other but offer distinct goods. Therefore, this sector has unlimited entry and exit
Here the company offers the same service but there are totally different in terms of design, service, quality, etc
Hence, the correct option is c
Answer:
C. Raw material inventory Dr, $ 72,000
To Direct material cost variance $27,600
To Accounts payable $44,400
Explanation:
The Journal entry is shown below:-
The variation in material costs would be favorable in a given situation. Since standard costs higher than real costs. And the journal submission would be for a desirable variance:
Raw material inventory Dr, $72,000
(12,000 × $6)
To Direct material cost variance $27,600
To Accounts payable $44,400
(Being Raw material inventory is recorded)
Egyptian leaders were too busy fighting each other to control kush
