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Marina86 [1]
2 years ago
15

In most cases, the reason products cost relatively little in one country and cost more in another is the Group of answer choices

profiteering measures taken by exporting companies. consistency in perception of quality in all countries. inelastic demand of most consumer goods. requirement that all export goods must use set skimmed price. higher costs of exporting.
Business
1 answer:
sveta [45]2 years ago
5 0

The main reason why cost of product is little in one country and more in another is because of

  • profiteering measures taken by exporting companies.
  • higher costs of exporting.

Cost of exportation of goods, taxes, original product cost, Profit measures are all part of reasons why exported goods are more higher in cost when compared to the cost in producing country.

The company who imported the product will ensure its makes profiton the sales and also, the cost of moving the product into the country are usually high, therefore, they all contributed to the high cost

Therefore, the Option A and E is correct because profiteering measures taken by exporting companies and higher costs of exporting contributes to the higher cost of exported products

Read more here

<em>brainly.com/question/12906042</em>

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There are some 200 economic integration agreements around the world today, far more than a few years ago.NAFTA, EU, Asean etc. V
kicyunya [14]

Answer:

Economic integration agreement is when countries within a particular geographical area decide to remove or relax tariff or non-tariff barriers to trade between themselves and also to coordinate and harmonize their fiscal and economic policies. Free trade area is the simplest form of an economic integration; it is when governments of member countries agree to remove trade restriction between each other and when member countries are given the freedom to determine their own external trade policies towards non-members.  

Supporters of free trade area argue that it is beneficial to the country based on the trade creation argument. Trade creation is where high-cost domestic production is replaced by more efficiently produced imports from within the group; that is, more expensive domestic products are replaced by lower priced imports from countries within the group. The trade creation argument is hinged on the fact that a free trade area ensures that trade is generated over and above what would otherwise have happened if there was no integration. Further, the removal of tariffs allows members to specialize in those products for which they have a comparative advantage leading to a variety of cheap imports for domestic consumers, thereby increasing living standards or welfare gains. Trade creation also creates an incentive for high cost domestic producers to cut cost so as to remain competitive thereby enhancing efficiency.

On the other hand, a free trade area is criticized on the basis of trade diversion. This is where trade with a low-cost country outside the group is influenced by higher–cost products supplied from within the group; this results in a less efficient allocation of resources as trade from outside the group is replaced by trade from within the group. Trade diversion could mean that local consumers would have to buy products at less competitive prices. Another argument would be that a free trade area would lead to a removal of tariff between member countries thereby resulting in a cessation of government revenue from tariffs. As opposed to a free trade area,  free trade would increase world output and employment, raise quality and lower prices of goods as firms have access to factor inputs; it will also increase world living standards or enhances welfare gains.  A free trade agreement only restricts these potential advantages to a particular geographical space.  

Explanation:

8 0
3 years ago
Nate is going to the grocery store to pick up a few things. he decides not to write a list and instead repeats the eight items h
Vilka [71]

Rehearsal.

Behavior rehearsal is a technique where thoughts, actions, or words are practiced before needing to put them into practice.

5 0
3 years ago
Suppose you deposit $2,262.00 into an account today. In 11.00 years the account is worth $3,855.00. The account earned ____% per
zmey [24]

Answer:

4.97 %

Explanation:

Data and Calculation :

PV = - $2,262.00

N =  11.00

FV = $3,855.00

P/YR = 1

PMT = $0

I/YR = ? 4.97 %

THUS,

The account earned 4.97 % per year.

3 0
3 years ago
Your corporation has the following cash flows: Operating income $250,000 Interest received $ 10,000 Interest paid $ 45,000 Divid
masha68 [24]

Answer: $88,400

Explanation:

My corporation Plc

Corporate tax for the year

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Interest received $10,000

Interest paid ($45,000)

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Taxable income $221,000

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NOTES

Taxable income is (250000+10000+6000-45000)

Interest paid is in bracket because it's a deduction.

70% of dividends received is excepted from tax

0.3x20000=$6000

Dividends paid out is after tax has been deducted.

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OverLord2011 [107]

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8 0
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