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3 years ago

What are the disadvantages of international trade?

Business

1 answer:

Phoenix [80]3 years ago

7 0

Answer:

It enables a country to obtain goods which it cannot produce or which it is not producing due to higher costs, by importing from other countries at lower costs. (iii) Specially Foreign trade leads to specialisation and encourages production of different goods in different countries.

Explanation:

inorder to minimize the disadvantage , there should be privacy maintainence in the intellectual property, there should be balanced in domestic and international trade. the over use of natural resources should be controlled. there should be proper checking of the good and services before trading them inside country or in foreign country, etc

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The classical view of the economy holds that transitions to full employment are relatively quick.1. Under what condition(s) can

Effectus [21]

Answer:

1. Under what condition(s) can an economy make a relatively quick and easy transition to full-employment level of output?

Classical economics are great theoretically, but actual evidence from real life is always against them. The problem with wages and unemployment is that wages are sticky, no one likes a wage cut and employees will always fight against them. That results in drastic changes in the level of unemployment, since it is easier to fire employees than lower their salaries.

When a demand shock occurs, and the aggregate demand curve shifts to the right, the aggregate supply curve will also shift. At this point, suppliers will need to hire more employees and fast since they cannot keep up with the demand. The problem is that in real life, demand shocks are sudden only in theory, no one will wake up tomorrow having twice the money and willing to spend it all immediately.

Classical economics work on the long run, but the problem is that the long run is not a definite point in time. We might actually never live to see the long run occur.

2. What condition(s) would keep an economy from moving back to full employment quickly and easily?

Shifts in the aggregate demand curve never occur from one day to another, they are gradual and take time. In real life, unless you suddenly win the lottery, the amount of goods that you purchase is generally stable. It will increase or decrease over time but not abruptly. Since sudden demand shocks do not occur in real life, neither do sudden shifts in the employment level. That is why the government issues monthly unemployment data, and you analyze the trends over several months or even years.

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3 years ago

The market consensus is that Analog Electronic Corporation has an ROE = 9%, has a beta of 1.25, and plans to maintain indefinite

Aleksandr-060686 [28]

Explanation:

Bcc stands for blind carbon copy which is similar to that of Cc except that the Email address of the recipients specified in this field do not appear in the received message header and the recipients in the To or Cc fields will not know that a copy sent to these address.Bcc stands for blind carbon copy which is similar to that of Cc except that the Email address of the recipients specified in this field do not appear in the received message header and the recipients in the To or Cc fields will not know that a copy sent to these address.Bcc stands for blind carbon copy which is similar to that of Cc except that the Email address of the recipients specified in this field do not appear in the received message header and the recipients in the To or Cc fields will not know that a copy sent to these address.Bcc stands for blind carbon copy which is similar to that of Cc except that the Email address of the recipients specified in this field do not appear in the received message header and the recipients in the To or Cc fields will not know that a copy sent to these address.Bcc stands for blind carbon copy which is similar to that of Cc except that the Email address of the recipients specified in this field do not appear in the received message header and the recipients in the To or Cc fields will not know that a copy sent to these address.Bcc stands for blind carbon copy which is similar to that of Cc except that the Email address of the recipients specified in this field do not appear in the received message header and the recipients in the To or Cc fields will not know that a copy sent to these address.Bcc stands for blind carbon copy which is similar to that of Cc except that the Email address of the recipients specified in this field do not appear in the received message header and the recipients in the To or Cc fields will not know that a copy sent to these address.Bcc stands for blind carbon copy which is similar to that of Cc except that the Email address of the 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blind carbon copy which is similar to that of Cc except that the Email address of the recipients specified in this field do not appear in the received message header and the recipients in the To or Cc fields will not know that a copy sent to these address.Bcc stands for blind carbon copy which is similar to that of Cc except that the Email address of the recipients specified in this field do not appear in the received message header and the recipients in the To or Cc fields will not know that a copy sent to these address.Bcc stands for blind carbon copy which is similar to that of Cc except that the Email address of the recipients specified in this field do not appear in the received message header and the recipients in the To or Cc fields will not know that a copy sent to these address.Bcc stands for blind carbon copy which is similar to that of Cc except that the Email address of the recipients specified in this field do not appear in the received message header and the recipients in 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specified in this field do not appear in the received message header and the recipients in the To or Cc fields will not know that a copy so 1293.092

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3 years ago

Exercise 19-9 Income statement under absorption costing and variable costing LO P1, P2 IThe following information applies to the

ivolga24 [154]

Answer:

When you are calculating variable costing, COGS only includes variable costs. All fixed costs are included as period costs at the end. Fixed costs are not carried forward either.

Income Statement (variable costing) - J Cool Sky

total sales $140 x 36,000 units sold = $5,040,000

variable COGS ($3,240,000)

variable direct costs ($60 + $22) x 36,000 = ($2,952,000)

variable overhead ($8 x 36,000) ($288,000)

manufacturing margin $1,800,000

variable administrative and selling costs ($11 x 36,000) = ($396,000)

contribution margin $1,404,000

fixed costs ($633,000)

fixed overhead = ($528,000)

administrative and selling = ($105,000)

net income $771,000

In order to prepare the income statement using absorption costing, we must first determine COGS = [(total variable manufacturing costs + total fixed manufacturing costs) / total output] x units actually sold

COGS = {[($60 + $22 + $8) x 44,000] + $528,000} / 44,000] x 36,000 = [($3,960,000 + $528,000) / 44,000] x 36,000 = $102 x 36,000 = $3,672,000

Income Statement (absorption costing) - J Cool Sky

total sales $140 x 36,000 units sold = $5,040,000

COGS ($3,672,000)

gross profit $1,368,000

variable administrative and selling costs $11 x 36,000 = ($396,000)

fixed administrative and selling costs ($105,000)

net income $867,000

The difference between both accounting methods is that variable costing includes all fixed manufacturing costs during the period and the ending inventory is carried forward only at a lower cost since it only includes variable costs. Absorption costing calculates ending inventory using the total fixed costs, that is why COGS is lower.

3 0

3 years ago

Identify each of the following accounts as a component of asset (A), liabilities (L), or equity (E). Account Balance sheet secti

brilliants [131]

Answer:

a. asset (A)

b. liabilities (L)

c. equity (E)

d. asset (A)

e. liabilities (L)

f. equity (E)

g. equity (E)

h. liabilities (L)

Explanation:

A Balance sheet shows the balance of assets, liabilities and equity at the reporting date.

Assets are economic resources controlled by the entity such as equipment and cash.

Liabilities are obligation that arise such as wages payable and tax payable.

Equity is the residue after deducting liabilities from assets. it represents the owners contribution through equity and retained income.

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3 years ago

The first step in the target market selection process is

Rus_ich [418]

Identifying a target strategy

8 0

2 years ago