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3 years ago

9

India’s low-cost labor market and abundant supply of talented engineers gives it a(n) _________ in the international trade marke

t.
A. economic barrier
B. technological barrier
C. political barrier
D. comparative advantage
absolute advantage

1 answer:

zheka24 [161]3 years ago

6 0

Answer:

economic barrier is correct answer

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The double-entry principle in the balance-of-payments

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Answer:

The Current account is for goods and services.

The Financial account is for exchange of currencies and financial assets across countries.

Miguel, a U.S. resident, buys an HDTV set for $2,500 and sends it to Mexico as a gift to his parents. <u>DEBIT CURRENT ACCOUNT. CREDIT CURRENT ACCOUNT. </u>

Miguel buys the good in the U.S. and then sends it so this falls under the current account alone.

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The Financial account should be debited to show that currency is coming into the U.S. from outside the country and current account should be credited for services rendered.

A U.S. computer manufacturer purchases hard drives from a Korean company, paying the funds from its bank account in Korea. <u>DEBIT CURRENT ACCOUNT. CREDIT FINANCIAL ACCOUNT. </u>

Current account should be debited to reflect that goods are coming into the country but the financial account should be credited to show that currency is leaving the ownership of an American entity so it is passing out of American hands.

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3 years ago

A sporting goods manufacturer budgets production of 45,000 pairs of ski boots in the first quarter and 30,000 pairs in the secon

Alexandra [31]

Answer:

The budgeted materials need in kg. in the first quarter is 90,000 kg

Explanation:

For computing the budgeted material needed in the first quarter, first we have to calculate the consumption of first and second quarters separately, so that we can arrive to a solution.

The consumption of first quarter = Budgeted production × required kg

= 45,000 × 2

= 90,000 kg

The consumption of second quarter = Budgeted production × required kg

= 30,000 × 2

= 60,000 kg

The ending raw material inventory = 30% of second quarter

= 30% × 60,000

= 18,000 kg

Now put the formula to find out the purchase amount. The formula is shown below:

Raw material consumption = Opening raw material inventory + purchase of raw material - ending raw material inventory

where,

beginning inventory = 18,000 kg

90,000 = 18,000 + purchase - 18,000

So, the purchase is 90,000 kg

The question has asked the amount in kg so cost per kg is irrelevant.

Hence, the budgeted materials need in kg. in the first quarter is 90,000 kg

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4 years ago

At the beginning of the current period, Griffey Corp. had balances in Accounts Receivable of $239,000 and in Allowance for Doubt

denis-greek [22]

It’s c hopefully this helps

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3 years ago

Customer Information Programs (CIPs) use several examples to define a person opening a new account. In which scenario should the

xz_007 [3.2K]

Answer:

Option (D) is the right answer.

Explanation:

According to the scenario, the most appropriate answer is option ( D) because Stanley smith is a customer of the bank as he has a checking account in the bank.

While the other options are wrong because of the following reasons:

Option (A) is incorrect because the company lucky licks Inc. is the customer of the bank, not any person.

Option (B) is incorrect because Cara is not the customer of the bank as she only uses the bank's ATM.

Option (C) is incorrect because Herman is not the customer of the bank as he only cashes his checks in the bank.

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3 years ago

The balance in Accounts Receivable at the beginning of the year amounted to $16,000. During the year, $64,000 of credit sales we

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Answer: $70,000

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Accounts Receivable at the beginning of the year amounted to $16,000

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4 years ago

Read 2 more answers