Answer:
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Answer:
The country is able to find other trading partners.
Explanation:
In an Embargo, a country tried to hurt the economic condition of other country by blocking all form of trades between them. Often times, that country influence its other allies to trade with the embargoed country to increase the damage. This process wouldn't be successful if the embargoed country can find another trading partners despite the blockade.
Example of this would this when United States put an embargo to Cuba in 1960 to hurt its economy. The Embargo wasn't really successful because Cuba managed to established new trading relationship with the Soviet Union.
Answer:
Retrospectively only
Explanation:
Changes in accounting estimate is applied in selecting and applying accounting policies, accounting for changes in estimates and reflecting corrections of prior period errors.
Accounting estimates are the estimations used by management to recognize amounts in the financial statements where precise values cannot be determined.
Where an accounting estimate has to be revised based on information that was already available at the time of preparation of prior period financial statements, the effect of revision must be recognized retrospectively as it constitutes a correction of prior period error.
The answer is "Socialization".
Socialization is the way toward disguising the standards and belief systems of society.Socialization incorporates both learning and educating and is in this way "the methods by which social and social congruity are achieved". Socialization is unequivocally associated with developmental psychology. People require social encounters to take in their way of life and to survive.
