Answer:
The correct answer is letter "C": exports less imports.
Explanation:
Net exports are the difference between exports and imports from a country. It is computed by subtracting the total export value of the country, with the total value of the imports. Net exports from a country take on a negative value or <em>trade deficit </em>if it imports more merchandise than it produces. If a nation imports less merchandise than it exports, a positive value or <em>trade surplus </em>results.
Answer:
$3,785
Explanation:
FIFO Inventory valuation method requires that the Inventory which is purchased first should be sold first and inventory Purchased at last should be sold at last.
As we know Gross profit is the Net of Sales and Cost of Goods Sold.
Sales $9,800
Cost of Goods Sold <u>($6,015)</u>
Gross Profit <u>$3,785</u>
All workings are made in an MS Excel File, which is attached with this answer Please find it.
Answer:
Portugal has comparative advantage in producing olives.
Switzerland has comparative advantage in producing fish.
Portugal can gain from trade if it receives more than 3 pounds of fish per crate of olives.
Switzerland can gain from trade if it receives more than 1/11 of olives for each pound of fish.
d. 18 pounds of fish per crate of olives.
Explanation:
Switzerland and Portugal both countries can produce Olives and fish. One country has advantage in producing fish while other has advantage in producing olives. Both countries can gain from trade if they find a intermediary way so that both countries can be in win win situation. It is beneficial for Portugal if it trades with Switzerland if it receives more than 3 pounds of fish.
Answer:
The answer is: You need to identify your market.- Who are your potential customers and what unsatisfied need do they have in common?
Explanation:
A marketing concept can be defined as: The idea/concept/philosophy that your business is going to follow in order to satisfy their customers' needs while reaching their business's goals.
The first thing you need to do is identify your target market, i.e. Who are your potential customers and what unsatisfied need do they have in common?
Answer: (C) Transformational leadership style
Explanation:
The transformational leadership style is one of the most important leadership element as it inspire and also encourage the various types of innovate ideas.
The important of the transformational leadership style is that it give a clear vision and the direction to an organization and it also helps in influence the lower level part of the company.
According to the given question, Luis is the team member and he regularity motivated his team member due to the transformational leadership style.
Therefore, Option (C) is correct.