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bekas [8.4K]
3 years ago
8

Why do countries trade?​

Business
1 answer:
Helen [10]3 years ago
8 0

Answer:

Most of the time it's simply for goods another country has that they don't.

Explanation:

Back around 1500 china traded with places like Europe, Africa and other parts of Asia simply for different spices and resources.

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A channel of distribution: A. is any series of firms or individuals who participate in the flow of goods and services from produ
Illusion [34]

Answer:

A. is any series of firms or individuals who participate in the flow of goods and services from producer to consumer or final user.

Explanation:

6 0
3 years ago
Which best describes the future growth potential of the Marketing, Sales, and Service career cluster?
Eva8 [605]
<h2>Answer</h2>

Growth is expected to grow much more quickly than average.

<h3>Explanation</h3>

Marketing, Sales and Service Career Cluster will find their importance growing heavily in the near future. These fields are part of tertiary industry and the industry is witnessing highest percentage of growth compared to other two industries. This is also because, businesses in this globally advancing world need these fields in order to sustain and grow.

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3 years ago
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Which life insurance settlement option guarantees payments for the lifetime of the recipient, but also specifies a guaranteed pe
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Life income with certain period annuity

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8 0
3 years ago
Mune Company recorded journal entries for the payment of $50,000 of dividends, the $32,000 increase in accounts receivable for s
nalin [4]

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Decrease of $18,000

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And, there is an increase in account receivable for rendering the service that means the service revenue would increased so the stockholder equity would increased by $32,000

Now the net effect would be

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5 0
3 years ago
Free trade proponents and protectionists have drastically different views regarding trade. Which side of the debate do you side
zvonat [6]

Answer:

Protectionist.

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Proponents of protectionist argue that allowing free trade will kill local industries and also make the country for dumping ground for cheaper foreign made goods.

They suggested imposition of heavy tariffs so as to protect local industries. Protecting local industries will create jobs for the unemployed thereby making them relevant to the society.

By imposing high tariffs, foreign companies producing those goods would pass the burden to final consumers in form of high prices hence discourage consumers from buying them. Few of those goods will then enter the country due to the heavy duty and low patronage.

Imposition of heavy tariffs will also generate more revenue for the government which will be used to financed basic infrastructures like housing, sewage system, electricity, etc.

Although proponents of free trade are of the opinion that there should be no restriction to trading among countries. They also suggested the removal of high tariffs from goods exported from other country.

The above seems good, yet the consequences outweigh the gain therein. For instance, removal of duty or tariff would result in revenue loss for the government hence unable to finance basic infrastructures. The country will also become dumping ground for imported goods because they will sold at lower price due to it's poor quality.

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