Answer:
B. Reduced competitive pressure by foreign firms on the domestic producers
Explanation:
An import tariff is a protectionist measure that enables domestic producers to keep a major share of the national market and lower the competition with imports.
Answer: decrease
Explanation:
It should be noted that there is an inverse relationship between bonds and interest rate. This implies that when there is a rise in interest rates, the prices of bond will fall and when there is a fall in interest rates, the prices of bond will rise.
Since bonds typically pay fixed interest rate, this will becomes more attractive when there's a fall in interest rates and more investors will demand for bond which will invariably lead to rise in price.
Answer:
"The budgeted cost of goods sold" for June would be $5,640,000
Explanation:
Sales department budget for June = 220,000 units
Less-Opening balance as on 1st June = 72,000 units
Add-Closing balance as on 30th June = 40,000 units
No of unit manufactured = Sales department budget for June - Opening balance as on 1st June + Closing balance as on 30th June
= 220,000 - 72,000 + 40,000
= 188,000 units
Cost per unit = $30
Budgeted cost of manufactured = 188,000 × $30 = $5,640,000
Answer:
a simple trading deal to get something you'd have to give
Explanation:
(just an idea )
According to Adam Smith, a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.
<h3>What is production?</h3>
Production can be defined as the process of manufacturing goods or product.
A country can have an advantage in the production of a product over other country when the country is good at what the produce and they are efficient in producing the product because they produce a desired result , with this other country will be attracted to what this country produce.
Inconclusion a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.
Learn more about production here:brainly.com/question/16755022