Explanation:
Period costs are always expensed on the income statement in the period in which: they are incurred.
Answer: C- Alzania's neighbor exported half its production of cotton that year
Explanation: Alzania produces and consumes 500,000 tons of cotton during a year. While, the neighbor which also employs the same number of people in the cotton industry, consumed 400,000 tons of cotton. There is no information on production of the neighbor. Just by looking at the consumption units we can argue that Alzania has an absolute advantage over the neighbor as it consumes more. However, if there is any information on the amount of exports of cotton from the neighbor then it will weaken the absolute advantage conclusion.
Thus, if <em>Alzania's neighbor exported half its production of cotton that year </em>the total production of cotton is greater of the neighbor than Alzania.
Answer: provisions
Explanation: According to ias 37
The policy that lowers production costs and helps domestic producers to compete with imports are <u>D. subsidies. </u>
<h3 /><h3>What are subsidies?</h3>
This is a government policy where the government pays for some of the costs of production for local firms.
This allows the local firms to then sell their goods at a lower price so that they can compete with cheaper imports.
Options for this question include:
A. tariffs
B. custom duties
C. tariff rate quotas
D. subsidies
Find out more on subsidies at brainly.com/question/6945210.
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Answer:
<u>The world's sustained economic growth has only been occurring over the last 300 to 400 years.</u>
<u>Explanation:</u>
It is more accurate to say that sustained economic growth occurred over the last 300 to 400 years by considering when economic data became available.
Also, we need to bear in mind that a sustained economic growth implies a measurable period of economic expansion (growth).
