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MrMuchimi
2 years ago
14

Describe about comparative cost and absolute advantages of international trade​

Business
1 answer:
zzz [600]2 years ago
4 0

Answer:

Here's what I know.

Explanation:

Comparative cost talks about the difference or similarities in cost between two or more prices of good or services.

The advantages of international trade are...

1. It creates harmony between countries.

2. It encourages countries to manufacture their own products.

3. It is a source or income/revenue to the producing countries.

4. It is a good employment opportunity.

5. It improves a country's standard of living.

Hope these help... ♥

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On January 1, 2012, Fei Corp. issued a 3-year, 5% coupon, $100,000 face value bond. The bond was priced at an effective interest
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Answer:

c. $7,418

Explanation:

Calculation to determine What was Fei’s Interest Expense on the bond during fiscal year 2012

Using this formula

Interest Expense =Interest payable+Amortization of bonds discount interest expense

Let plug in the morning

Interest Expense=(5%*100,000)+$2,418

Interest Expense=$5,000+$2,418

Interest Expense=$7,418

Therefore Fei’s Interest Expense on the bond during fiscal year 2012 is $7,418

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Boxer Inc. reported inventory at the beginning of the current year of $360,000 and at the end of the current year of $411,000. I
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9.75

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In todayâs workplace, teams are a vital force, and the majority of business professionals must collaborate on the job. The trend
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Answer:

c) response more quickly

Explanation:

Teamwork refers to working in collaboration towards attainment of a common goal. Teamwork leads to synergistic gains as the collective group work exceeds the work carried out individually.

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3 years ago
Huprey Co. is the defendant in the following legal claims. For each of following claims, does Huprey (a) record a liability, (b)
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Answer:

1. Huprey can resonably estimate that a pending lawsuit will result in damages of $1,280,000, it is probable that Huprey will lose the case.

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2. It is reasonably possible that Huprey will lose a pending lawsuit. The loss cannot be estimable.

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Contingent liabilities must be recorded only when it is probable that the liability will happen and you can estimate the associated costs.

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