A trade deficit often results in an outflow of financial capital leaving the domestic economy and being invested in the global economy
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What is trade deficit?</h3>
- A country has a trade surplus or positive trade balance if it exports more than it imports; on the other hand, a country has a trade deficit or negative trade balance if it imports more than it exports. About 60 of the 200 countries as of 2016 had a trade surplus.
- The majority of trade specialists and economists dispute the idea that bilateral trade imbalances are undesirable in and of themselves.
- The difference between the monetary value of a country's exports and imports over a specific time period is known as the balance of trade, commercial balance, or net exports (often denoted as NX).
- A distinction between a trade balance for products and one for services is occasionally drawn. A flow of exports and imports over a specific time period is measured by the balance of trade. The term "balance of commerce" does not necessarily imply that exports and imports are "equally balanced."
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The side FE is opposite to the angle <D in the right triangle ∆DEF while DE is the adjacent side.
Thus, FE / DE = tan<D and DE = FE cot<D = 5 / tan 43° = 5/0.93 = 5.4 and the answer is B.
Cost allocation can occasionally result in favoritism, with one department receiving significantly more if cost managers care for it more.
This kind of bias can also lead to a number of related problems, like rivalries, competition for resources, and the expansion of departmental requirements and ideas.
What justifies the allocation of support costs?
The management can use the important data that cost allocation provides about how costs are used to make decisions. It helps determine whether the departments or products are profitable enough to justify the costs allocated by displaying the cost objects that account for the majority of the costs.
Which procedure is used to allocate costs to the support department?
There are three ways to divide costs for the support department: the direct, the reciprocal, and the step-down. The assumptions regarding how services provided by one support department are distributed to other support departments are the primary distinctions between the methods.
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Answer:
Option (C)
Explanation:
As per the data given in the question,
Price of salt increases by = 25%
Quantity of pepper demanded increases by = 4%
Cross price elasticity = Quantity of demand increases ÷ Price of salt increases
= 4% ÷ 25%
=0.16
Hence Cross-price elasticity of demand between salt and pepper would be positive.
So option (C) is answer
Reverse logistics is the process by which businesses handle the return of consumer items for recycling or because they are defective.
Supply chain management that sends goods back from buyers to sellers or producers is known as reverse logistics. Reverse logistics are needed for procedures like returns or recycling after a customer receives a product. Reverse logistics begin at the customer and work their way backward through the supply chain to the producer or the distributor. Reverse logistics can also refer to procedures where the customer is in charge of the product's final disposal, such as recycling, refurbishing, or resale.
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