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Trava [24]
2 years ago
14

The Argentine government has recently been imposing heavy trade restrictions. Taxes on exports are a major source of revenue for

the country. Being a part of the Mercosur customs​ union, the country cannot independently impose import tariffs but has found other ways to restrict imports. The idea behind this is to​ "supply the growing domestic market with local labor and​ production." As a result of these​ restrictions, the markets for various products have been affected. With BlackBerrys in short supply within Argentina and no possibility of​ imports, a multinational manufacturer is in fact assembling them in the​ country's province of Tierra del​ Fuego, off the coast of South America. The cost thus incurred is estimated to be 15 times higher than what it costs to produce BlackBerrys in Asia.
Which of the following, if true, would be the strongest evidence in support of the restrictive trade policies?

A. The evidence on how efficiently firms can operate under trade restrictions is mixed
B. Many Argentine firms are efficiently operating in markets that were flooded with imported goods before the trade restrictions were imposed
C. Argentina was one of the leading exporters of agricultural products prior to the trade restrictions.
D. Even during the period when India imposed high trade barriers, the Indian GDP grew at an average rate of 4%.
E. There is free movement of manpower and capital across the Mercosur member nations
Business
2 answers:
Whitepunk [10]2 years ago
5 0

Answer:

The correct answer is option (B) Many Argentine firms are efficiently operating in markets that were flooded with imported goods before the trade restrictions were imposed

Explanation:

The government of Argentine discovered that the market is filled with imported goods. Argentine firms cannot efficiently operate in the market due to large number of imported goods in the market.  He then looked for ways to restrict importation by supplying domestic markets with labor and production.

The restricting affected the imported goods in the market but it allows the Argentine firms to operate fully.

kati45 [8]2 years ago
3 0

Answer:

The correct option is "B"

Explanation:

The burden substantial exchange limitation by The Argentine government cause to upset exchange and influences imports Due to prohibitive arrangement exchange it builds the expense of bringing in products and causing to diminish in supply in Argentinean advertise Before the exchange limitations, the market was working effectively, and was overwhelmed with imported merchandise because of the exchange limitations, import merchandise decays because of increment in cost.

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nadya68 [22]

Answer:

Cost of capital=11.18%

Explanation:

First We will calculate the Equity of firm:

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Current yield to maturity (rdebt)=8%=0.08.

Value of firm=Equity+Long-term debt

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Value of firm= $550,000

Formula:

Cost\ of \ Capital=\frac{Equity}{Value\ of\ firm}* Rate\ of\ return+\frac{Debit}{Value\ of\ firm}* yield\ to\ maturity

Cost\ of\ Capital=\frac{\$250,000}{\$550,000}*0.15+\frac{\$300,000}{\$550,000}*0.08\\  Cost\ of\ Capital=0.1118

Cost of capital=11.18%

6 0
3 years ago
Conor broke his wrist while playing basketball in the backyard. He ended up in the hospital. After an X-ray, MRI, doctor visit a
Anna11 [10]

Answer:

$6,000

Explanation:

A deductible is the amount Conor has to pay before his medical bills and prescriptions start getting coverage from his insurance.

Step 1: 10,000 - 2,000 = 8,000

A co-pay is a fixed amount the insured has to pay for certain medical services.

Step 2: 20% of 8,000 or 0.20 times 8,000 = 1,600

Step 3: add $2,000 (the deductible you have to pay) and $1,600 (the co-pay)

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3 years ago
Suppose that a country has no public debt in year 1 but experiences a budget deficit of $20 billion in year 2, a budget deficit
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Answer:

1) this country's public debt = $42 billion

2) incomplete question

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A budget deficit is the difference between a country's income and its expenditures, a deficit occurs when expenditures are larger than revenues. The public debt would be the accumulation of all the country's budget deficits or surpluses.

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8_murik_8 [283]

Upward and downward changes in aggregate economic activity, as measured by GDP, are called Business cycles.

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