All categories

3 years ago

Two countries trade with each other regularly. Country A has a strong economy and buys

Business

2 answers:

artcher [175]3 years ago

6 0

Answer:

C. The exchange rate changes to $1 of country A's money for $20 of country B's money

Explanation:

The strength of a country's currency has a positive relationship to its state of the economy. When the economy is doing well, its currency tends to gain strength in the exchange markets. Globally developed economies have stronger currencies than developing countries.

If country B's economy grows stronger, its currency will strengthen. The exchange rate will be a higher value than before. It be will be exchanged by fewer of country's A currency than it did previously.

vovangra [49]3 years ago

4 0

Answer:

d. the exchange rate changes to $1 in country A's money for $75 in country B's money

Explanation:

apeeex

You might be interested in

Swifty Company has just received the August 31, 2020, bank statement, which is summarized below.

OverLord2011 [107]

Answer:

A. Correct cash balance $15,396

Correct cash balance $15,396

B. Aug 31 2020

Dr Cash $1,436

Cr Notes receivable $1,381

Cr Interest revenue $55

Aug 31, 2020

Dr Bank service charges $28

Cr Cash $28

Aug 31, 2020

Dr Supplies expenses $18

Cr Cash $18

Explanation:

A. Preparation of a bank reconciliation dated August 31, 2020

Bank reconciliation

Balance as per bank statement august 31, 2020 11,170

Add Cash on hand $428

Add Deposit in transit $5,248

Less: Outstanding checks ($1,450)

Correct cash balance $15,396

Balance as per books august 31, 2020 (13,879+48,335-48,208) $14,006

Add: note and interest collected $1,436

Less:Bank service charges ($28)

Less Understated for supplies ($18)

($165+$147)

Correct cash balance $15,396

B. Preparation of the adjusting entries.

Aug 31 2020

Dr Cash $1,436

Cr Notes receivable $1,381

($1,436-$55)

Cr Interest revenue $55

Aug 31, 2020

Dr Bank service charges $28

Cr Cash $28

Aug 31, 2020

Dr Supplies expenses $18

Cr Cash $18

($165+$147)

5 0

3 years ago

University researchers create a positive externality because what they discover in their research labs can easily be learned by

Gekata [30.6K]

Answer:

B) offer grants to university researchers

Explanation:

Positive externality is when the benefits of economic activities to third parties exceeds its costs.

Research and development activities usually generate positive externality because discoveries and inventions are made which benefits the whole society.

Also, education generates positive externality .

Government can encourage activities that generates positive externality by giving grants and subsidies.

Giving grants and subsidies reduces the cost of activities.

Taxes increases the cost of production and this can discourage production.

It is activities that generate negative externality that are usually taxed.

Negative externality is when the benefits of economic activities to third parties is less than the cost.

6 0

3 years ago

The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finish

leonid [27]

Answer:

the cost of units transferred to the finished goods is $89,500

Explanation:

The computation of the cost of units transferred to the finished goods is shown below:

Cost of units transferred to finished goods

= Beginning WIP + Direct materials+ Direct labour + Applied overheads-Ending WIP

= $5,200 + $47,800 + $30,300 + $16,500 - $10,300

= $89,500

Hence, the cost of units transferred to the finished goods is $89,500

8 0

3 years ago

An important part of the official government plan for restructuring the economy was _____.

Minchanka [31]

Your answer is .... PRIVATIZATION.

8 0

3 years ago

Economies of scale can arise from: Group of answer choices High prices on bulk purchases of raw material inputs and component pa

Alex787 [66]

Answer:

An advantage gained by spreading fixed production costs over a large production volume.

Explanation:

Economies of scales refer to that scale where the larger quantity of an output having similar level fo fixed cost cause in less cost per unit. It could be occured from an advantage that could be benefit by distributing the fixed production cost over and above to the wider production volume

Therefore the above statement should be considered

8 0

3 years ago