They make laws to regulate the economy. Hope this helps :)
Need more info to the question
The correct option is (d); reduce national saving and lead to a trade deficit.
<h3>What is trade deficit?</h3>
When a nation purchases more than it exports, a trade deficit results. Although very big deficits can hurt the economy, a trade deficit is neither fundamentally fully positive nor harmful.
Some key features of trade deficit are-
- When a nation purchases more than it exports, a trade deficit results.
- A nation with a trade deficit, also referred to as a negative trade balance, has spent more money than it has made in its foreign trade with other nations.
- The amount of imports and exports a nation makes can affect that nation's GDP, currency value, rate of inflation, and interest rates. The amount of imports and the size of the trade deficit can both hurt a nation's currency.
- A trade imbalance results when domestic consumers purchase more foreign goods than domestic manufacturers sell to overseas consumers, which lowers GDP.
- The trade deficit can be improved by consume less and save more.
To know more about the causes of the trade deficit, here
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Complete Question:
International Business, Inc. (IBI), agrees to assume a debt of Southern Export Company to First National Bank. This promise is for the benefit of IBI. To be enforceable, the promise must be in writing if the debt is for O $5,000.none of the above. $50. $500.
Answer:
none of the above.
Explanation:
The choices do not provide any clue for further explanation. However, one can identify that the promise to assume a debt is a contract. For most business contracts to be enforceable, there is the need for the promise to be in writing. This provides a documented evidence which can be tendered in the court of law. It is a known adage that a short pen is greater than a long memory. So, exchange of promises or consideration is better done in writing form than orally.
Answer:
$173,000
Explanation:
The computation of the total consolidated inventory is shown below:
But before that following calculations need to be done
Percentage profits that Alpha charge to other customers is
= ($800,000 - $600,000) ÷ $800,000
= 25% of sales
Stock held at year end is
= $100,000 × 40%
= $40,000
Profit involved in stock is
= $40,000 × 25%
= $10,000
Now the stock of beta is
= $88,000 - $10,000
= $78,000
And finally, the Total for consolidated inventory is
= $95,000 + $78,000
= $173,000
