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3241004551 [841]
3 years ago
6

A country exports $75 million worth of steel to the United States and sells it for $60 million in order to establish a new marke

t in the United States. This is
an example of
Business
2 answers:
anzhelika [568]3 years ago
8 0

What is better government?

..........   um.. i rdk

Nesterboy [21]3 years ago
5 0

Given the facts that a country exports steel worth $75 million to the United States at a sales price of $60 million is a clear example of <em>dumping</em><em>.</em>

Dumping as used in international trade is a practice whereby country exports a product at a lower price than the price in the exporter's domestic market.

Dumping is practiced in international trade for the following purposes:

  • gaining international market share.
  • driving out competition.
  • creating a monopoly situation.
  • enabling the exporting nation to dictate price and quality of the product.

Thus, dumping is condemned in international trade and relations, and usually attract counter-measures.

Read more about dumping of goods in international trade at brainly.com/question/20113907

You might be interested in
Mallory Furniture buys two products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 1
Afina-wow [57]

Answer:

3,000 cubic feet left of storage.

Explanation:

Giving the following information:

Big shelves (B):

Each big shelf costs $500.

It requires 100 cubic feet of storage space.

Medium shelves (M):

Each medium shelf costs $300

It requires 90 cubic feet of storage space.

The company has $75,000 to invest in shelves.

The warehouse has 18,000 cubic feet available for storage.

Mallory purchase 150 big shelves.

Amount of money= 150* 500= $75,000 (no money left).

Cubic feet= 150* 100= 15,000 cubic feets

3,000 cubic feet left of storage.

8 0
2 years ago
100 million diluted shares outstanding trading at $37.50 per share. The company has $1 billion of debt outstanding with a cost o
Pepsi [2]

Answer:

$4,650,000,000

Explanation:

We will use the formula below to calculate the enterprise value of Correct inc.

Enterprise value = Market value capital and debts - Cash and investments

= 100 million diluted shares × 37.50 per share + $1 billion of debt outstanding - $100 million cash

= $3750m + $1000m - $100m

= $4,650,000,000.

4 0
3 years ago
A bank agrees to lend via simple loan $100 today to Thomas. The agreement is based on that the yearly interest rate is 15%. If T
Ede4ka [16]

Answer:

$404,55 (cumulative) or $250 (american)

Explanation:

This explanation considers a cumulative interest rate in the simplest way. And american amortization system. Consider that there is also French and German systems which works differently depending on the way the loan reimbursed

Cummulative Interest Rate:

Consider this:

If Thomas had to return it in one year he would have to return $115 ($100+15%) which is equal to 100*(1+0.15)

Now, at the begining of the second year, his debt is $115, and at the end its $115+15% = 132,25.  Which is equal 100*(1+0.15)*(1+0.15), this is equivalent to 100*(1+0.15)^{2}

The general formula for cummulative interest is C(1+i)^{n}

Where

C = is the loan amount [in this case: 100]

i = is the interest rate [in this case: 0.15]

n = is the number of periods until [in this case: 10]

American System

The american system is quite straight forward:

Thomas should pay $15 every year for 10 years, and with the last payment he should pay $115.

This is because in this system Thomas returns the capital (the amount of the loan) at the end; and each year he only pays the interest .

$15*10 + $100 = $250

7 0
3 years ago
A problem with creating team incentive plans is that:
Leni [432]

Answer:

The answer is (B) not all teams are created alike.

Explanation:

This is important since different teams might be composed of differently skilled individuals which might impact their ability to complete the target tasks assigned. When teams that are composed of different skill levels are given similar incentive regardless, it does not reward individual effort and create a stagnant condition.

7 0
3 years ago
Smallville has a linear production possibility frontier in the production of good X and good Y. It can produce 6 of X per hour o
aliina [53]

Answer:

The maximum amount of good Y produced will be 960.

Explanation:

Smallville has a linear production possibility frontier in the production of good X and good Y.

It can produce 6 of X per hour or 8 of Y per hour.  

It has 240 hours of labor and divides labor hours equally between the production of good X and good Y.

It means that both good X and good Y get 120 hours of labor each.  

The amount of good Y produced in 120 hours

= 120\ \times\ 8

= 960 units

6 0
3 years ago
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