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MrMuchimi
3 years ago
14

Describe about comparative cost and absolute advantages of international trade​

Business
1 answer:
zzz [600]3 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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Answer: income statement and the statement of cash flows

Explanation:

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A savings account that pays interest every 3 months is said to have a ___ interest period
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A savings account that pays interest every 3 months is said to have a tri-annual interest period.

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4 years ago
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Having thought about Mr. James's suggestion, you consider several options as an estimate of lost profits. These include 1) the f
podryga [215]

Answer:

The most accurate estimate of lost profits is

3) a weighted average that gives twice the weight to the last six months as to the first six months

Explanation:

In this case, after Mr James' suggestions, I consider several options as an estimate of lost profits, which are:

1) The full year: In this case the the entire data for the year would be considered for estimation.

2) The last six months: Here, half of the year's data would be considered for estimation.

3) Weighted average that gives twice the weight to the last six months as to the first six months: This means that the data for the most recent months should be given more weight more than the first six months. It means that the most recent data would be more accurate than that of the first 6months, and the most recent data should be trusted more than the data of the previous 6 months.

Here, a ratio of 2:1 is used to assign weight to the last six months and first six months respectively.

4) Some other weighted average: This is similar to option 3 not same ratio is used, but some other weights could be assigned depending on other factors.

Therefore, the weighted average gives the most accurate estimate of lost profits as in option (3) because it considers the most recent data.

5 0
3 years ago
At the beginning of the current year, Paxx County’s enterprise fund had a $125,000 balance for accrued compensated absences. At
valentina_108 [34]

Answer:

a. $425,000

Explanation:

<em>Calculation of compensated absences expense for the year</em>

Closing balance of compensated absences        = $150,000

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- Opening balance of compensated absences    =<u> - $125,000</u>

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4 years ago
the administrative marketing and manufacturing operations that many international firms multinational firms and transnational fi
masya89 [10]

Answer:

divisions

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Divisional organizational structure

can be regarded as structure that organizes the activities of a particular organization or business around a market, geographical, as well as product and service groups. A company could organize on divisional lines by having operating groups for different geographical Locations like in United States or Europe, all the divisions will individually contains complete set of functions, each could handle their different activities such as sales and

accounting activities.

It should be noted that divisions is

the administrative marketing and manufacturing operations that many international firms multinational firms and transnational firms have around the world.

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