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tamaranim1 [39]
3 years ago
11

Explain what a trade war is

Business
1 answer:
kolezko [41]3 years ago
6 0

Answer: A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the other country's imports.

Explanation:

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In three years, when he is discharged from the Air Force, Steve wants to buy an 8,000 power boat.
eduard

Steve will get $11360 with the process of simple interest.

<h3>what is simple interest?</h3>

Simple interest is calculated based on a loan's principal or the initial deposit into a savings account. Simple interest doesn't compound, therefore a creditor will only charge interest on the principal sum, and a borrower will never be required to pay further interest on the interest that has already accrued.

Rate of interest = 14%

principal + interest = $8000

Time = 3 years

Simple interest

=\frac{8000 \times 3 \times 14}{100}\\=3360

Now principal + interest = 8000+3360 = 11360

Therefore, Steve will get $11360.

To learn more about simple interest from the given link

brainly.com/question/25793394

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4 0
2 years ago
A company that uses a strategy of selling its products to a distributor in another country would be using.
storchak [24]

A company that uses a strategy of selling its products to a distributor in another country would be using <u>exporting.</u>

<u></u>

<h3><u>How Do Exports Work?</u></h3>

Exports are products and services made in one nation and offered to customers in another. Imports and exports together make up global trade.

Because they give people and businesses access to a larger market for their products, exports are crucial to modern economies. Fostering economic commerce, and boosting exports and imports for the advantage of all trading parties, is one of the primary goals of diplomacy and foreign policy between countries.

<u>Benefits of Exporting for Businesses</u>

There are numerous reasons why businesses export their goods and services. If the goods open up new markets or widen existing ones, exports can boost sales and profits and may even offer the chance to gain a sizeable portion of the worldwide market. Exporting businesses diversify their markets to reduce business risk.

Learn more about export with the help of the given link:

brainly.com/question/17134731

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7 0
1 year ago
osie Dry Cleaning was started on January 1, Year 1. It experienced the following events during its first two years of operation:
neonofarm [45]

Answer:

The Bad Debt expense will be in year 1;

Explanation:

The Bad Debt Expense         $45,000*1%=$450

The journal entry will be

Bad Debt Expense     Dr.$450

Account Receivable  Cr.$450

6 0
3 years ago
Opening up an economy during a pandemic has costs and benefits. Which of the following is most likely the opportunity cost of op
Nimfa-mama [501]

Answer:

hey what's up pick me up at took your picture a picture pick a picture

Explanation:

why you phone number give me phone number Chen. I will call you you married

4 0
2 years ago
Leaf] Leaf, an employee of the California Department of Forestry, insisted on signing inter-office memoranda with his name and t
dusya [7]

Answer: If it has a secular legal purpose, has a primary effect of neither advancing nor inhibiting religion, and does not foster an excessive government entanglement with religion

Explanation:

The Establishment clause prevent the Congress from having a state religion or honig preference to one religion above another one.

The circumstances that a state law would be permissible under the establishment clause include if it has a secular legal purpose, has a primary effect of neither advancing nor inhibiting religion, and does not foster an excessive government entanglement with religion.

5 0
2 years ago
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