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
Thepotemich [5.8K]
3 years ago
7

Which of these increases the price of certain foreign-made goods?

Business
2 answers:
nexus9112 [7]3 years ago
7 0

An import tariff would increase the price of certain foreign-made goods.

Juli2301 [7.4K]3 years ago
5 0

Answer:

An import tariff

Explanation:

Literally, import tariffs (or customs duties) are taxed paid on imports of goods and/or services. Import tariffs is a kind of tax pressed on import of goods and services from foreign nation in order to shoot up the price of the imported goods. The import tariffs are imposed by the government for some of the reasons listed below:

  1. To make imports less desirable and to minimize the reliance on foreign products
  2. To shield newly domestic set ups from foreign competition and also to shield the aging and inefficient ones from foreign competition.

The bold "shoot up the price of the imported goods" means to increase the price of imported goods describes one of the reasons of an import tariff.

Hence, we can conclude that an import tariff increased the price of certain foreign-made goods.

You might be interested in
On June 25, Ritts Roofing extended an offer of $250,000 for land that had been priced for sale at $300,000. On July 9, Ritts acc
Kisachek [45]

Answer:

$275,000

Explanation:

The computation of the value that should the land be recorded is shown below:

= Value at which rits accepted the counteroffer of the seller

= $275,000

Hence, the alue that should the land be recorded is $275,000

Basically it records the cost value as per the cost concept

The same should be considered

3 0
2 years ago
Net sales for the year were $325,000 and cost of goods sold was $240,500 for the company’s existing products. A new product is
marin [14]

Answer:

The correct answer is B.

Explanation:

Gross profit equals net sales minus cost of sales(Net sales- Cost of Sales).

Net sales = $325,000

Cost of Sales = $240,500

Therefore we have;

$325,000 - $240,500

=$84,500

Gross profit ratio is (Gross profit/net sales) x 100%

($84,500 x $325,000) x 100%

26%

6 0
2 years ago
Why do you think so many people borrow money for large purchases instead of using a sinking fund
sergey [27]
It is so they have more money for the business
6 0
3 years ago
Which of the following statement(s) is/are False? Assume a positive interest rate
gtnhenbr [62]

Answer:

False Statement:

B. Only II is False.

Explanation:

If the cash flow from a project is farther out, the present value will be lower, all else being equal.  This is because of the time value of money.  This concept states that the money you receive today is higher in value than the same amount received in the future.  And if the future is father out, then the value of the money will continue to reduce in relative value based on this time value of money concept.

5 0
3 years ago
How would inflation in china affect the competitiveness of its goods in global markets?
just olya [345]

Inflation also influences the ratio of Chinese household debt to gross domestic product (GDP), which jumped to 61.6 per cent last year from 17.9 percent in 2008, a situation made worse by the pandemic.

Business competitiveness:If one country has a much higher rate of inflation than others for a considerable period of time, this will make its exports less price competitive in world markets.

Inflation is a financial risk that investors take on when they invest internationally. While efforts can be made to increase liquidity during times of crisis, inflation can strongly influence bond prices and equities to a lesser degree.

Learn more about the Business here: brainly.com/question/24448358

#SPJ4

8 0
1 year ago
Other questions:
  • Ollie wants to sign up with an online social network called TeensMeet, which other kids at school have joined. The TeensMeet sit
    15·1 answer
  • Those who study management will understand how to ___.
    8·2 answers
  • Dennis took 12 index card and wrote the number 1 -12 on them what number collected the cards,shuffled them , and drew one card f
    9·2 answers
  • What is the present value of the benefits of owning that car, i.e., saving on rental expenses and selling the car
    12·1 answer
  • If consumers view cappuccinos and lattés as substitutes, what would happen to the equilibrium price and quantity of lattés if th
    10·1 answer
  • If a payback period for a project is greater than its expected useful life, the project's return will always exceed the company'
    13·1 answer
  • If supply-side policies succeed, less output is produced at every price level.
    11·2 answers
  • Clarksen Company uses a process costing system. The company requisitioned $93,000 of materials for Department A and $67,000 of m
    6·1 answer
  • There are several reasons why the petty cash fund would experience a shortage or an overage. Determine which of the actions belo
    12·1 answer
  • Suppose that we want the number of male employees in each department making more than $30,000, rather than all employees (as in
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!