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Andreyy89
3 years ago
7

Differentiate between import qouta and import duty?

Business
1 answer:
Wittaler [7]3 years ago
3 0

Answer:

The main difference is that quotas restrict quantity while tariff works through prices. Thus, quota is a quantitative limit through imports. ... 5.3) amount is imposed then price would rise to Pt because the total supply (domestic output plus imports) equals total demand at that price.

<h2><em><u>Hope this helps..</u></em></h2>
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Government authorities :

They will use the financing statement to ensure the fairness of the business and to receive proper amount of tax.

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Current or potential investors would check financial statements to ensure they will suitable returns after investment.

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The employees will ask for bonus if the company performance in statements is good,

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Ajay account will be credited with $6000. While Tim account will be debited by $6000

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Fogel Co. has $4,000,000 of 8% convertible bonds outstanding. Each $1,000 bond is convertible into 30 shares of $30 par value co
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3 years ago
Assume that the current price of a market basket of goods is $2,500 and the base year price of the same market basket is $2,000.
ioda

Answer:

The correct answer is B.

Explanation:

Giving the following information:

The current price of a market basket of goods is $2,500 and the base year price of the same market basket is $2,000.

To calculate the price index we need to make a simple division:

Price index= P1/P0

PI= 2,500/2,000= 1.25*100= 125%

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