1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
RoseWind [281]
2 years ago
6

Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits eac

h reasons
Business
1 answer:
Nookie1986 [14]2 years ago
7 0

Answer: See explanation

Explanation:

Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:

1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.

2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.

3. Trade restrictions is vital on order to protect the strategic indutries.

4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.

You might be interested in
Joey notices that people always compliment his Dad on the nice suits that he wears. His Dad owns a business in town. People alwa
liberstina [14]

Answer: Orientation to internal, unique self  

Explanation: In simple words, orientation refers to the process of determining the position of one self or the others with respect to a particular situation.

In the given case, Joey has to make a decision that impacts his personal life and he has to make it himself. Therefore, the confusion he is having about the decision depicts that he is at the stage of internal orientation.

7 0
2 years ago
Time Again LLC produces and sells a mantel clock for $150.00 per unit. In​ 2017, 43,000 clocks were produced and 36,000 were sol
Vedmedyk [2.9K]

Answer:

Unitary cost= $118

Explanation:

Giving the following information:

Production= 43,000

Direct materials $43.00 per unit

Direct manufacturing labor $8.00 per unit

Variable manufacturing costs $4.00 per unit

Fixed manufacturing costs $63.00 per unit

<u>The absorption costing method includes all costs related to production, both fixed and variable.</u> The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

Unitary cost= 43 + 8 + 4 + 63

Unitary cost= $118

7 0
3 years ago
Emily works in an orphanage and strongly believes that what she does is important and adds real values to the lives of others. S
Allushta [10]

Answer: EMPATHY

Explanation: Empathy can be defined as the ability of an individual to understand the feelings of other individuals. It is the capacity of experiencing the difficulties that the others are facing.

In the given case, Emily works in an orphanage and believes what she do is important. Emily understands the feeling of loneliness that those orphan children experiences even though she is not an orphan herself. Hence , we can conclude that she is reflecting empathy.

3 0
3 years ago
Read 2 more answers
What is the term used to describe amounts ima business owes to suppliers?
Mama L [17]

Answer:

Accounts Payable: Describes all money a business owes to vendors and suppliers for purchases of goods and services made on credit. Often listed in sum on the balance sheet as “current liability"

4 0
3 years ago
Which controls can be used to prevent or detect personal purchases on company credit cards?
Anna007 [38]

Answer:

Few controls can be used to prevent or detect personal purchases on company's credit cards.

Explanation:

Following controls can be taken to prevent or detect personal purchases on company's credit cards:

1. One should make sure that the company policy clearly forbids all purchases that are personal with company funds.

2. Same employee should not be allowed to originate purchases and then approve them too.

3. Controls can be installed to know if there are multiple purchases under employees approval limits.

4. Also, there should be a maximum limit of purchase for each employee.

5. Any invoice which is not related to company should be checked regularly.

6 0
2 years ago
Other questions:
  • A team of men and women of different ethnic backgrounds, age, and physical capabilities work for a tv show which involves decora
    8·1 answer
  • Which of these is not a critical point about an employer's decision-making process?
    8·1 answer
  • Which of the following represents a starting point for​ long-run pricing​ decisions? A. Opportunistic​ pricing, which is based o
    6·1 answer
  • Pitt Enterprises manufactures jeans. All materials are introduced at the beginning of the manufacturing process in the Cutting D
    8·1 answer
  • Suppose the economy is in long-run equilibrium. Then because of corporate scandal, in- ternational tensions, and loss of confide
    10·1 answer
  • Shirley qualifies for a $12,000 auto loan and chooses a 36-month loan term versus a 60-month loan term. How will the shorter ter
    12·2 answers
  • Tim received a letter from his state college stating that he had been expelled from the school. The letter stated his finance pr
    5·1 answer
  • How can you reach the best version of yourself?
    5·2 answers
  • Question is down below, 80 points! :)
    14·1 answer
  • A manufacturing division has $1,800,000 in average assets and income of $720,000. The company's target rate is 8%. The division'
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!