All categories

3 years ago

Why would countries want to create protectionist trade policies?

1 answer:

3 0

Trade protectionism is a set of policies that a country can pursue in an attempt to limit imports and protect domestic industries. ... Other measures include use of subsidies and tax breaks given to domestic industries to make them more competitive with imports.

You might be interested in

Henrique Correa's bakery prepares all its cakes between 4 A.M.and 6 A.M.so they will be fresh when customers arrive. Day-old c

romanna [79]

Answer:

24.7215

Explanation:

Given;

Discount = 50%

Regular price, p = $8

cost of cake, c = $5

salvage value, s = 50% of $8 = $4

Mean = 20

Standard deviation, σ = 7

Now,

Underage cost, Cu = p - c

= $8 - $5

= $3

Overage cost, Co = c - s

= $5 - $4

= $1

P ≤ $\frac{C_{u}}{(C_{u}+C_{o})}$

P ≤ $\frac{3}{(3+1)}$

P ≤ 0.75

The Z value for the probability 0.75 is 0.6745

The optimal stocking level = Mean + ( z × σ )

= 20 + 0.6745 × 7

= 24.7215

7 0

3 years ago

Q1. Big Money Monster is a business school. The school bases its budgets on two measures of activity: number of students and num

maxonik [38]

Answer:

Big Money Monster

The spending variance for course supplies is:

$50 Unfavorable.

Explanation:

a) Data and Calculations:

Fixed cost Variable cost Variable cost Total

per month per student per course

Faculty wages $4,000 $0 $20

Course supplies $1,000 $10 $50

Administrative expenses $2,000 $20 $30

Budgeted number of students = 300

Budgeted number of courses = 15

Actual number of students = 280

Actual number of courses = 18

Actual Faculty wages = $4,200

Actual Course supplies = $4,800

Budgeted Costs:

Fixed cost Variable cost Variable cost Total

per month per student per course

Faculty wages $4,000 $0 $20 $4,300

Course supplies $1,000 $10 $50 4,750

Administrative expenses $2,000 $20 $30 8,450

Budgeted costs:

Faculty wages = $4,000 + $0 + $20 * 15 = $4,300

Course supplies = $1,000 + $10 * 300 + $50 * 15 = $4,750

Administrative expenses = $2,000 + $20 * 300 + $30 * 15 = $8,450

Budgeted Cost of Course Supplies = $4,750

Actual Cost of Course Supplies = 4,800

Spending variance for Course Supplies = 50 Unfavorable

4 0

3 years ago

Select the correct answer.

kondor19780726 [428]

Answer:

I went with c

Explanation:

3 0

3 years ago

Read 2 more answers

The use of the money supply to influence the economy is: a. initiated through actions of Congress. b. called countercyclical pol

iogann1982 [59]

Answer:

The correct answer is (E)

Explanation:

There are two major policies which can directly affect the economy of a country; fiscal policy and monetary policy. Monetary policy is generally controlled by federal or state bank which is used to increase or decrease the overall money supply in the economy. Some important tools of monetary policy are interest rate, discount rate and open market operations etc. The monetary policy is often used to target inflation

5 0

3 years ago

Why do we practice making associations with simple and mundane problems and resources? Select all that apply.

Artyom0805 [142]

Answer:

E. They are problems and resources that most people have experience with or can relate to.

Explanation:

Such problems and resources are most commonly found in day to day lives. People can easily relate to them as they are simple and common in the workplace.

They are associated with the resources of particular problems. This making them a subject of practice it becomes easy to use them for teaching and other purposes. Such as enlightenment and giving advice.

4 0

2 years ago