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
Sindrei [870]
3 years ago
7

Suppose that Brazil imports semiconductors from the United States. The free market price is $30.00 per semiconductor. If the tar

iff on imports in Brazil is initially 40%, Brazilians pay_______ per semiconductor.
One of the accomplishments of the Uruguay Round that took place between 1986 and 1993 was significant across-the-board tariff cuts for industrial countries, as well as many developing countries. Suppose that as a result of the Uruguay Round, Brazil reduces its import tariffs to 20%. Assuming the price of semiconductors is still $30.00 per semiconductor, consumers now pay the price of_______ per semiconductor.
Based on the calculations and the scenarios presented, the Uruguay Round most likely_______ in Brazil and________ in the United States.
Business
1 answer:
taurus [48]3 years ago
3 0

Answer:

a. $42

b. $36

c. benefits consumers in Brazil.  They pay less by $6.

d. does not affect consumers and producers in the United States.

Explanation:

a) Data and Calculations:

Free market price of semiconductor = $30

Brazil tariff on imports = 40%

This means Brazilians pay $42 ($30 * 1.4) per semiconductor

New Brazil tariff on imports = 20%

This implies that Brazilians will now pay $36 ($30 * 1.2) per semiconductor

b) Import tariffs by Brazil are taxes imposed on imports into Brazil by the Brazilian government to discourage imports, generate revenue, and control the type of goods and services imported into Brazil.  The Uruguay Round was an international trade conference that birthed the WTO.  The purpose of the conference and the creation of WTO was to enable countries negotiate better trade deals and ensure the creation of free trade among the comity of nations.

You might be interested in
Woodwick Company issues 9%, five-year bonds, on December 31, 2014, with a par value of $96,000 and semi-annual interest payments
ad-work [718]

Answer:

A) The issuance of bonds on December 31, 2016.

Dr Cash 104,031

    Cr Bonds payable 96,000

    Cr Premium on bonds payable 8,031

B) The first interest payment on June 30, 2017.

Dr Interest expense 3,517

Dr Premium on bonds payable 803

    Cr Cash 4,320

C) The second interest payment on December 31, 2017.

Dr Interest expense 3,517

Dr Premium on bonds payable 803

    Cr Cash 4,320

4 0
3 years ago
Volusia, Inc. Is a U. S. -based exporting firm that expects to receive payments denominated in both euros and Canadian dollars i
NARA [144]

From the details that are contained in the question, the portfolio standard deviation is 0.0544 or 5.44%

<h3>How to solve for the portfolio standard deviation</h3>

w1 = weight of euros 1 = 500000/800000

w2 = weight of canadian dollars = 300000/800000

Standard deviation 1 = 8%

Standard deviation 2 = 3%

Correlation coefficient = 0.30

(w1*σ1)² + (w2*σ2)² + (2* w1*σ1* w2*σ2 * 0.30)^0.5

((0.625*0.08)^{2} +(0.375*0.03)^{2} +(2*0.625*0.08*0.375*0.03*0.3)^0^.^5\\\\= 0.0544

Therefore the portfolio standard deviation is given as 0.0544 or 5.44%

Read more on standard deviation here: brainly.com/question/475676

5 0
2 years ago
In which of the following situations is having a good credit score important?
Gemiola [76]
What are the answer choices?
4 0
3 years ago
If there are two lawyers with similar experience and fees, you should make a decision by _____.
mash [69]

Answer:

If there are two lawyers with similar experience and fees, you should make a decision by asking other lawyers for recommendations.

4 0
3 years ago
Read 2 more answers
Urban Window Company had gross wages of $320,000 during the week ended July 15. The number of wages subject to social security t
marshall27 [118]

Answer:

wages expense  320,000 debit

              cash                                     218,400 credit

              FICA tax payable                     2,160 credit

             SUTA tax payable                       240 credit

              Social security payable        24,000 credit

             wages income tax payable   75,200 credit

--to record July 15th payment to employees wages--

payroll tax expenses   26,400  debit

FICA tax payable                     2,160 credit

SUTA tax payable                       240 credit

Social security payable        24,000 credit

---to record the payroll tax for the week ended July 15th--

Explanation:

We multiply the wages subjet to taxation by each rate:

social security:

320,000 x 7.5% = 24,000

SUTA

40,000 x 5.4% = 2,160

FICA

40,000 x 0.6% =    240

For this three concepts, the employee will have liability for the same amount for payroll taxes

Income tax 75,200

net wages: 320,000 - 24,000 - 2,160 - 240 - 75,200 = 218,400

4 0
2 years ago
Other questions:
  • HELP HELP HELPPPPP plz plz plz I have noooo idea
    11·1 answer
  • Jamison Company reports depreciation expense of $50,000 for Year 2. Also, equipment costing $170,000 was sold for a $6,000 gain
    15·1 answer
  • "You get in a conversation with a man in the reception room at your doctor's office. He tells you he is establishing a barbersho
    10·1 answer
  • A stock currently sells for $25 per share and pays $0.24 per year in dividends. What is an investor's valuation of this stock if
    12·1 answer
  • ABC Mechanics charges an estimate fee of $100 plus $40 per hour, x, in labor. XYZ Mechanics charges an estimate fee of $65 plus
    13·1 answer
  • Ruston Company had Net Income for 2020 of $6,200,000. The firm invested $4,000,000 in manufacturing equipment during 2020. The e
    12·1 answer
  • A list of the knowledge, skills, and other qualities a person must possess in
    14·1 answer
  • Emily's grandmother bought her a treasury bond in 2020. When will it reach its maturity date?
    7·2 answers
  • An increase in the price of a resource would cause
    6·1 answer
  • Max wants to become a dentist. He knows he needs to keep his GPA high to reach this goal. Which of the following is a mid-term g
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!