Answer: $ 10 billion
Explanation: The equation needed to find the values of export and import is given by :
Y = C + I + G + (X - M)
Where;
Y -GDP
C - consumption
I - investment
G - government spending/ public sector spending
X - exports
M - imports
The following values are given from the question:
Y - $75 billion
C - $ 25 billion
I - $ 15 billion
G - $ 25 billion
X - ?
M - ?
75 = 25 + 15 + 25 + (X-M)
Making (X-M) the subject of the formula
(X-M) = 75 - 25 - 25 - 15
= 10 billion
The value of exports and imports is $ 10 billion
Answer:
a. "Foreign manufacturers are offloading their cheap cars onto the U.S. market. We should stop this so that consumers have access to higher-quality U.S. cars."
-Anti-dumping laws prevent unfair competition.
DUMPING REFERS TO GOVERNMENTS SUBSIDIZING EXPORTS IN ORDER TO LOWER THEIR PRICES. THIS IS AN ILLEGAL PRACTICE NOT ACCEPTED BY THE WORLD TRADE ORGANIZATION.
b. "We must foster the innovation of small car companies, like Tesla. Allowing foreign electric vehicle manufacturers to sell cars in the U.S. will eliminate any chance of creating those cars domestically."
-Protection can help infant industries develop.
EVEN THOUGH CAR ARE MANUFACTURED IN THE US SINCE MANY YEARS AGO, TESLA AND OTHER ELECTRIC CAR MANUFACTURERS ARE STILL AN INFANT INDUSTRY.
c. "You should not buy a car from Nissan or BMW! You are putting people here out of a job."
-Foreign competition may lead to job losses.
JOBS MAY BE AT RISK WHEN A DOMESTICALLY PRODUCED GOOD IS REPLACED BY AN IMPORTED GOOD
Answer:
c. IBM issues 2,000,000 shares of new stock and sells them to the public through an investment banker
Explanation:
The primary market is the market when for the first time the new securities such as shares, stocks, etc. are being provided to the general public or we can refer initial public offer. The initial public offer is an illustration of the primary market
Whereas the secondary market is the market where the shares are bought or sold through the investors after they are provided to the general public.
For examples-New York Stock Exchange (NYSE), etc.
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