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Nimfa-mama [501]
2 years ago
5

How do the effects of voluntary restraint agreements differ from the effects of a tariff? Tariffs reduce trade by more than volu

ntary restraint agreements. Voluntary restraint agreements result in higher prices, which increase revenue for foreign firms, while the revenue raised from tariffs goes to the domestic government. Tariffs increase the prices of imports, helping domestic producers, while voluntary restraints do not. Voluntary restraint agreements are informal agreements that can be easily changed, while tariffs are not.
Business
1 answer:
Snezhnost [94]2 years ago
3 0

Answer:

Tariffs increase the prices of imports, helping domestic producers, while voluntary restraints do not.

Explanation:

A tarrif is defined as a tax that is imposed by government on goods and services that are imported from another country. Tarrifs are used to discourage imports by increasing their prices compared to locally produced goods and services.

Voluntary restraint agreements is is also called voluntary export restraint. It is a restriction on the amount of goods and services that exporters are allowed to export to other countries. It is also referred to as export visa.

Tarrifs results in increase in price of goods and services while voluntary restraint agreement does not.

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In September 20X3, LaToya Corporation paid for insurance for the next six months in the amount of $42,000. On December 31, LaToy
Umnica [9.8K]

Answer:

Net income is overstated by $28,000.

Explanation:

As the company forget to make the adjustment entry it didn't recognize any expense for the expired insurance.

From September to December 31th 4 month of insurance has expired:

42,000 x 4 month/6 months = 28,000 insurance expense

as the expense weren't post the income statement is overstated along with the assets of the company as it doesn't have a prepaid amount for 42,000 but for 14,000

5 0
3 years ago
Departmental managers at Global Industries are required to maintain written records of highly favorable and unfavorable employee
Lemur [1.5K]

Answer:

1. Critical incidents

Explanation:

Performance appraisal method involves various techniques used in measuring the effectiveness and efficiency of workers in an organization. One of those method of performance appraisal is the use of Critical Incidents. Critical incidents involves the analysis of an employee behaviour towards certain events indicating how well he did, where he could do better and the ones he did well in. It involves the employer/manager or whoever collects the performance ratings keeping a log or data of both the negative and positive behavior of the employee work actions.

8 0
3 years ago
Based on the specificity and reversibility principle, training during the off-season should?
likoan [24]

Answer:

Off-season training should be focused on building general strength and conditioning in activities that are similar to the sport an athlete. According to the principle of specificity and reversibility, specificity states that the change in physical nature of the body is in line with the training type performed. Reversibility explains how an athlete can lose the effects gained from training from he stops training. Thus to stay fit, off-season training must concentrate on exercises that keeps the body in shape for the same type of sports.

Explanation:

6 0
3 years ago
Relevance has always been the challenge of the advertising industry. Summarize Kristi Roger's assessment of the advertising indu
Alina [70]

Answer:

Please see explanation below.

Explanation:

Advertising plays a very important role in the organizations. Advertising is a paid type of promotion which the companies use to promote its products. Companies success depends upon the right type of advertising channels which the companies uses. Kristi had done a great analysis on advertising and so argues that relevance is very very important factor that plays a major role in advertising. In her talk she says that the advertisements should reach the right person in right time. Every advertisers duty is to see that right person sees the right advertisement at right time. To make this statement true the advertisers should use the technology to a greater extent. Now coming to the marketing managers every marketing manager should look into the major challenges that occurs in the market. If marketing managers are not getting updated with these changes then it brings a major effect on ROI (Return On Investment). The following makes the marketing manager to benefit more from advertising: hiring the person who is good in quantitative skill rather than creative skill, this is because analysing the market is very important than bringing creative products into the market. A quantitative skilled person can analyse the situation properly and can eliminate four out of five processes that occurs in the digital campaign development. Quantitative experts can make the advertisements to the reach to the right person in right time which brings good results to the company.

6 0
3 years ago
The owner of a factory regularly requests a graphical summary of all employees' salaries. The graphical summary of salaries is a
nydimaria [60]

Answer: descriptive statistics

Explanation:

The owner of a factory regularly requests a graphical summary of all employees' salaries. The graphical summary of salaries is an example of the descriptive statistics.

Descriptive statistics refers to the branch of statistics that describes features of a data that are involved in a study. The main idea behind the descriptive statistics is simply to provide a summary of the samples that are done on a certain study.

8 0
3 years ago
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