Answer:
imposed either to raise revenue (revenue tariffs) or to shield domestic producers from foreign competition (protective tariffs).
Explanation:
A tariff is a compulsory sum levied on the importation of goods. the purpose of tariffs is either to raise revenue (revenue tariffs) or to shield domestic producers from foreign competition (protective tariffs). by imposing tariffs, imported goods become more expensive. this discourages importation and encourages individuals to patronise locally produced goods.
Answer:
The lender will require that the property to generate $140,000 to maintain the required debt coverage ratio.
Explanation:
Use the formula of Debt coverage ratio to calculate the return that property should generate for required Debt coverage ratio.
Debt Coverage Ratio = Net Income / Loan amount
1.4 = Net Income / $100,000
Net income = $100,000 x 1.4
Net income = $140,000
The lender will require that the property to generate $140,000 to maintain the required debt coverage ratio.
International Trade.
When a company sells its product over the US border into another country they are participating in International Trade.
Answer:
innovation.
Explanation:
Collaboration and teamwork are more important today than ever before mainly because of innovation. Since so many ideas have already been created, it is very difficult to come up with new ideas. Therefore collaboration and teamwork help groups put their minds, ideas, and experiences together in order to come up with new and innovative products.