Answer:
E) government actions that reduce competition from international firms.
Explanation:
Quotas place a limit on the amount of goods that can be imported.
A tariff is a tax levied on imported goods.
Tariffs and quotas are imposed by the government and they limit the amount of import flowing into a country. This reduces the amount of competition from international firms.
I hope my answer helps you
Answer:
The ending inventory is $56,170 using the lower of cost and net realizable value.
Explanation:
With regards to the above, the conservative principle of accounting would be maintained by the company, hence would report its inventory at the lowest value.
Furniture [ 290 units × $94 each]
$27,260
Electronics [ 59 units × $490]
$28,910
Total ending inventory
$56,170
Based on the scenario above, it illustrates structural. The
structural unemployment happens when an individual’s cause of being unemployed
was because of the reason that the skills that the individual has is not
matched or paired up with the economy in which it offers.
<span>This will most likely drive down the price of that crop. Price is a function of demand and supply, if a bumper crop leads to much more supply with little change on the demand side, the price of the supply will have to reduce for the market to clear.</span>
Answer: official reserves
Explanation:
The official reserve account is simply part of capital account which has to do with securities and foreign currency that are being held by the central bank of a particular country and which are used to balance payments yearly.
It should be noted that when there's trade surplus, there'll be increase in reserves and when there is a deficit in trade, there'll be decrease in reserves.
