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Natali5045456 [20]
2 years ago
5

The cost of manufacturing a specific good in a developing country is less than the cost to manufacture it in the United States.

What is the most likely result if that country exports the good to U.S. markets? Prices will decrease and the quantity produced will increase. Companies will expand production to compete in the industry. Congress will raise the rates on international tariffs. Prices will remain stable but quality will decline.
Business
1 answer:
Lana71 [14]2 years ago
7 0

Answer:

Prices will decrease and the quantity produced will increase.

Explanation:

Because labor costs are lower in developing countries, when these countries produce manufactured goods, they do it at a lower cost, meaning that these goods will also have a lower price for the final consumers. If these cheaper goods are exported to the U.S. market, the U.S. market is flooded with more goods at a lower price, something that may affect some U.S. firms, but that benefits the majority of U.S. consumers.

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Answer:

The answer is explained below

Explanation:

To begin with, the policies that the goverments decide to implement in their countries tend to influece in a huge way the companies decisions and therefore its actions as well. Therefore that as a company manager of an international business he needs to stay very updated about the government policies over the countries where his company works. Moreover, the manager will understand that if there is free trade in a country then there will be no problems for his company to start selling there and obtaining the maximum profits as possible and if there is protectionism then the company will have to deal with the policies that the government implemented there. And that is why that as an international business manager he should really care about the policies of the country's government and if there is free trade of protectionism.

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Answer:

Calculate the 2021 year-end adjusted balances of Interest Payable and Interest Expense.

July 1 2021    

   

Db Cash ________________________ 17000    

Cr Borrow payable______________________________  17000        

December 31 2021      

Db Interest expense______________ 1020    

Cr Interest payable_______________________________  1020  

   

June 30 2022          

Db Interest expense______________ 1020    

Cr Interest payable_______________________________  1020  

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Borrow                       Loan__%I__ Int.___Amount      

July 1 2021 to December 31 2021  17000 6% 1020__18020

   

July 1 2021    

1    

Db Cash ________________________ 17000    

Cr Borrow payable______________________________  17000  

   

December 31 2021    

   

Db Interest expense______________ 1020    

Cr Interest payable_______________________________  1020  

   

June 30 2022    

   

Db Interest expense______________ 1020    

Cr Interest payable_______________________________  1020  

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