1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SCORPION-xisa [38]
3 years ago
14

An industrialization policy of restricting imports in order to boost local production for local consumption of goods that would

otherwise be imported is known as ________
Business
1 answer:
raketka [301]3 years ago
4 0

Answer:

The correct answer is letter "A": import substitution.

Explanation:

Import substitution is the strategy by which a government sets restrictions on imports so the same products being imported are consumed domestically instead of being exported. This approach is implemented to boost domestic production which increases the employment rate of a country.

<em>Protectionist countries</em> tend to impose tariffs on other countries' imports in an attempt to prioritize the industries within their borders.

You might be interested in
Adding a chart to the header of a form will result in a(n)
Sonbull [250]

Answer:

Chart without a legend.

Hope this helped.

8 0
3 years ago
Product Y sells for $15 per unit, and has variable expenses of $9 per unit. Fixed expenses total $300,000 per year. How many uni
netineya [11]

Answer:

b. 65,000 units

Explanation:

The number of units of products y must sell to yield an annual profit of $90,000 is computed as;

Break even point in sales units = (Fixed cost + Targeted profit) / Contribution margin

Given that ;

Fixed cost = $300,000

Targeted profit = $90,000

Contribution margin = $15 - $9 = $6

Therefore,

Break even point in sales units = ($300,000 + $90,000) / $6

= 65,000 units

The number of units of products y must sell to yield an annual profit of $90,000 is 65,000 units.

3 0
3 years ago
A​ firm's database showed that the average value of all inventory items for the year was​ $7,650. the cost of goods sold was rep
Rainbow [258]

5 weeks  
There are 52 weeks per year and since the company closes for 2 weeks per year, that means that the company does business for 50 weeks each year. During that year, the company sold goods that cost $76,500. And the average inventory was $7,650 which is $7,650 / $76,500 = 0.10 = 10% of the goods sold for the entire year. So the average inventory could allow the company to work for 10% of the year. And 10% of 50 is 5. Therefore the company had 5 weeks of supply on average in inventory.
6 0
4 years ago
Suppose that the United States has an absolute advantage over Mexico in producing both agricultural and manufactured goods. In t
irina [24]

Given the above scenario, the total production in the U.S. and Mexico will be maximized if Mexico focuses on Agricultural produce and the US on Manufactured produce.

<h3>What is product maximization?</h3>

Product maximization refers to the process via which two trading nationalities or entities focus on the goods where they have the least opportunity cost.

Thus, n this case,  the total production in the U.S. and Mexico will be maximized if Mexico focuses on Agricultural produce and the US on Manufactured produce.

Learn more about Product Maximization at;
brainly.com/question/4171648
#SPJ12

7 0
2 years ago
Venus Inc., a manufacturer of canned meat, tried to market its canned beef products in India. Since cows are considered sacred i
Dafna11 [192]

Answer:

cultural

Explanation:

Based on the scenario being described it can be said that this  indicates that Venus Inc. did not understand the cultural environment in India. A cultural environment are the different beliefs, practices, behaviors, and norms that exist in a society. Cows being sacred is a belief in Indian culture, and the lack of this knowledge is what caused the marketing strategy to fail.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Suppose the price of tablets increases by 8 percent and producers respond by increasing the quantity supplied by 20 percent. The
    11·1 answer
  • What is the rate that the federal reserve banks charge financial institutions for loans called?
    8·1 answer
  • This member of the construction crew stands above all the crew chiefs and answers only to the director, the designers, and the b
    5·1 answer
  • Madison Corporation purchased 45% of Jay Corporation for $120,000 on January 1. On June 20 of the same year, Jay Corporation dec
    8·1 answer
  • Waterway Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethan
    12·1 answer
  • The IMF projects that​ China's real GDP per person will be​ 57,163 yuan in 2017 and​ 60,334 yuan in 2018 and that​ India's real
    13·1 answer
  • g announced that it plans to cut its dividend from $2.50 to $1.50 per share (next year) and use the extra funds to expand its op
    12·1 answer
  • The cost of issuing new common stock is calculated the same way as the cost of raising equity capital from retained earnings. Fa
    13·1 answer
  • In order for a liability to be classified as a current liability, it must be a debt that the company:.
    13·1 answer
  • It takes $1200$ workers $8$ years to build $3$ ziggurats. How many years would it take $100$ workers to build $1$ ziggurat
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!