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In the past decade, the dollar value of world trade has ______.

Sergeeva-Olga [200]

Options for this question include:

a. Tripled

b. Remained the same

c. Doubled

d. Declined

___________________________________________________________

World trade has been on the rise in the past decade and as a result, the dollar value of world trade has c. Doubled.

Thanks to more integration, less restrictive government policy, a rise in population and standards of living, world trade has increase over the past couple of decades such that:

Trade in goods has risen from $10 trillion in 2005 to $18.8 trillion in 2019
Trade in services has risen from $2.5 trillion in 2005 to $6 trillion in 2019

When looking at the trade of goods, one can see that trade has almost doubled and in the case of services, close to triple.

We can therefore conclude that world trade has doubled in the past decade.

<em>Find out more at brainly.com/question/14276199.</em>

7 0

3 years ago

Suppose that France and Austria both produce rye and wine. France's opportunity cost of producing a bottle of wine is 4 bushels

miv72 [106K]

Answer:

France has comparative advantage in production of wine

Austria has comparative advantage in production of rye.

4 bushels of rye for each bottle of wine

1 bottle of wine for each bushel.

b. 4 bushel of rye per bottle of wine.

Explanation:

France has comparative advantage in producing wine as it has opportunity cost of 4 bushels per bottle of wine. Austria has comparative advantage in producing bushels as it has opportunity cost of 10 bushels per bottle of wine. The both countries can gain advantage if they agree for 4 bushels per wine.

3 0

3 years ago

For the year ended December 31, Ion Corp. had cash inflows of $25,000 from the purchases, sales, and maturities of held-to-matur

77julia77 [94]

Answer:

The amount of net cash flow from investing activities that ion should report in its cash flow statement is $65,000.

Explanation:

A cash flow statement is one of the financial statements which will tell how changes in income statement and balance sheet accounts will affect the company's cash inflow and outflow. This statement will break down the analysis in to operating , investing and financing activities.

For taking out the net cash flow in investing activities, purchase activities are added and sale activities are subtracted and from the given information in the question , it is clear that both are purchasing activities, therefore

NET CASH FLOW FROM INVESTING = $25,000 + $40,000

= $65,000

5 0

3 years ago

On January 1, 2017, Alison, Inc., paid $60,000 for a 40 percent interest in Holister Corporation’s common stock. This investee h

diamong [38]

Answer:

It will be valued at:

investment 70,000

goodwilll 1,000

patent 4,000

total 75,000

Explanation:

first we calcualte the equity of the company:

200,000 - 75,000 = 125,000 equity

then we calcualtethe investment proportion:

125,000 x 0.4 = 50,000 investment

15,000 x 0.4 = 6,000 patent

goodwill: 4,000 (60,000 - 56,000)

2017

income: 30,000 x 0.4 = 12,000

dividneds: 10,000 x 0.4 = (4,000)

amortization on patent

6,000 / 6 = 1,000 per year

2018

income: 50,000 x 0.4 = 20,000

dividneds: 15,000 x 0.4 = ( 6,000 )

amortization on patent: ( 1,000 )

50,000 + 12,000 - 4,000 - 1,000 + 20,000 - 6,000 - 1,000 = 70,000

then we add the patent and the goodwill

70,000 + 4,000 + 4,000 = 78,000

and wecheck for impairment:

as the fair value is 75,000 we decrease goodwill

6 0

3 years ago

A job description should be?

Arisa [49]

Explanation:

C. Created in the interview.

hope this helps you

have a nice day:)

4 0

3 years ago

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