In this case, you would want to avoid a win-lose situation.
1. You would want a win-win (where both parties feel as though they are gaining something from the transaction).
2. You can never go into an international negotiation with the same mentality as you would for in the US. Every culture is different and you should be aware of those differences.
3. You should not move too quickly between subjects. You should always ensure all parties understand and agree, which may take time.
Answer:
I messaged you the asnwer.
Explanation:
Answer:
The answer is: Ms. Crocker LTCL is $0 and her basis for her 1,000 shares purchased in 2020 is $8,000
Explanation:
Ms. Crocker initially bought 1,000 stocks at $10,000, then she sold her stock at $9,000 losing $1,000. Then she again bought the same stock for $7,000. She can offset her initial loss ($1,000) and instead add it to the value of the stock purchased later. So instead of having 1,000 shares with a $7,000 value, she can value her stock at $8,000.
Answer:
Increase in profit will be 42 %
So option (C) will be correct answer
Explanation:
We have given sales level is $270000
Operating leverage for the factory is given 2.8
It is given that sales is increased by 15 %
We have to find that by how much percentage profit will increase
Increase in profit percentage is given by multiplication of operating leverage and increase in profit sale
So increase in profit will be equal to 2.8 ×15 = 42 %
So option (C) will be correct answer
Explanation:
Italy's opportunity cost of producing a pound of cheese is
= 5 barrels of beer
Germany's opportunity cost of producing a pound of cheese is
= 10 barrels of beer
Italy's opportunity cost of producing a barrel of beer is
= 
= 0.2 pounds of cheese
Germany's opportunity cost of producing a barrel of beer is
= 
= 0.1 pounds of cheese
Italy has a comparative advantage in producing cheese, while Germany has a comparative advantage in producing beer.
A country is said to be enjoying a comparative advantage if it can produce a good at a lower opportunity cost.
Italy can gain from trade if it is getting more than 5 barrels of beer for each pound of cheese. Similarly, Germany can gain from trade if it is getting more than 0.1 pounds of cheese.
Both the countries will gain from the trade if the price of trade is 8 barrels of beer per pound of cheese and 9 barrels of beer per pound of cheese.
Italy will not accept 3 barrels of beer per pound of cheese and 1 barrel of beer per pound of cheese because it is not covering the opportunity cost.
