Which three factors decrease because of protectionism?

Assume that the United States has a comparative advantage in aircraft manufacture and India has a comparative advantage in produ

AlekseyPX

Answer:

1. Explain who in the United States would gain?

The government of the United States will gain from the<em> Import duties </em>that will be charged on the Indian textiles.

2. Who might lose from dismantling trade barriers between the United States and India?

<em>The USA will lose if trade barriers are dismantled.</em>

The United States will lose from dismantling trade barriers because the Indian textile will be massively imported in the country thereby crippling the growth of the local textile manufacturing companies in the United States. India has a comparative advantage over the USA in the manufacturing of textiles, which are in constant demand compared to that of the aircraft which are rarely demanded.

Explanation:

1. The government of the United States will gain from the<em> Import duties </em>that will be charged on the Indian textiles. The government will make huge revenues from the import duties since India will manufacture the textiles at the cheapest costs per unit and influx the USA with affordable and quality clothing.

2. The USA will lose if trade barriers are dismantled.

The United States will lose from dismantling trade barriers because the Indian textile will be massively imported in the country thereby crippling the growth of the local textile manufacturing companies in the United States. India has a comparative advantage over the USA in the manufacturing of textiles, which are in constant demand compared to that of the aircraft which are rarely demanded.

5 0

3 years ago

Sam and Talib are reselling their home. If they’re the typical sellers, how much should they expect to pay in transaction costs

iren2701 [21]

6000 to 14000 dollars is the amount that te should both expect to be the transaction cost of selling their home.

<h3>What is the cost of selling a home?</h3>

Several costs usually arises due to the fact that a person wants to sell the home that they own.

One of the costs is the commission fees that these sellers usually pay. The commission fees is usually 5 to 6 percent of the cost of sale.

Read more on commission fees here:

brainly.com/question/24951536

7 0

3 years ago

or each of the following situations, indicate the liability amount, if any, that is reported on the balance sheet of Bloomington

ra1l [238]

Answer:

Bloomington Inc.

Indication of Liability Amount on the Balance Sheet at December 31, 2019:

Situation Liability Amount

a. $220,000

b. $0

c. $3,100

d. $0

Explanation:

For Bloomington to recognize a liability or record it in its financial statements, the probability that an outflow of economic resources will occur in the future must be established. Bloomington must also be able to reliably measure the amount of the liability. These two conditions are satisfied in situations A and C. For situation B, the contract is not in force as at December 31, 2019, since the drill press will be purchased in January, 2020. Lastly, for situation D, the amount of the profit-sharing bonus cannot be reasonably and reliably ascertained because the amount to apply the 5% is not clear or known.

8 0

3 years ago

Wolfgang, who is age 33, records AGI of $125,000. He incurs the following itemized deductions for 2018: Medical expenses [$15,00

9966 [12]

Answer:

There is a positive adjustment of $5,200

Explanation:

Medical expenses

$2,500

State income taxes

$0

Charitable contributions

$5,000

Qualified housing interest

$6,000

Casualty loss

$1,800

Miscellaneous itemized deductions

$0

Total

$15,300

There is a positive adjustment of $5,200

6 0

4 years ago

Company BFM has several bond issues outstanding, each making semiannual interest payments. The bonds are listed below. If the co

Anon25 [30]

Answer:

bond 1:

YTM = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

YTM = {750,000 + [(20,000,000 - 21,000,000) / 10]} / [(20,000,000 + 21,000,000) / 2]

YTM = 650,000 / 20,500,000 = 3.17 x 2 = 6.34%

after tax cost of debt = 6.34% x (1 - 15%) = 5.39%

bond 2:

YTM = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

YTM = {1,160,000 + [(40,000,000 - 38,160,000) / 16]} / [(40,000,000 + 38,160,000) / 2]

YTM = 1,275,000 / 39,080,000 = 3.26 x 2 = 6.53%

after tax cost of debt = 6.53% x (1 - 15%) = 5.55%

bond 3:

YTM = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

YTM = {1,732,500 + [(45,000,000 - 46,710,000) / 31]} / [(45,000,000 + 46,710,000) / 2]

YTM = 1,677,339 / 45,855,000 = 3.66 x 2 = 7.32%

after tax cost of debt = 7.32% x (1 - 15%) = 6.22%

bond 4:

YTM = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

YTM = {2,430,000 + [(60,000,000 - 63,420,000) / 50]} / [(60,000,000 + 63,420,000) / 2]

YTM = 2,361,600 / 61,710,000 = 3.83 x 2 = 7.65%

after tax cost of debt = 7.65% x (1 - 15%) = 6.51%

4 0

3 years ago