What is one of the main economic benefits of free trade?
A. It reduces competition between businesses in different countries.
B. It encourages countries to specialize in producing particular
goods.
c. It ensures that all countries follow strict worker protection laws.
D. It allows countries to become more economically independent.

Answers

Answer 1

Answer: It encourages countries to specialize in producing particular goods

Answer 2

The correct option is D). It allows countries to become more economically independent.

What is free trade?

Free trade refers to the international trade in which countries can import and export goods without any tariff barriers or other non-tariff barriers to trade.

It open new markets, increase gross domestic product (GDP), and invite new investments which directly led to the economic development of a country.

Free trade increased exports and provide great number of choice of goods as well.

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Related Questions

According to most large company CFOs, SOX has

Answers

Answer: increased investor confidence

Explanation: accounting

EZCUBE Corp. is 55% financed with long-term bonds and 45% with common equity. The debt securities have a beta of .20. The company’s equity beta is 1.20. What is EZCUBE’s asset beta?

Answers

Answer:

Asset Beta is 0.65

Explanation:

The formula for asset beta is given below:

Asset beta=Bd*(D/V)+Be*(E/V)

Bd=debt beta=0.20

D/V=debt value=55%

Be=equity beta=1.20

E/V=equity value=45%

Asset Beta=(0.20*55%)+(1.20*45%)

Asset Beta=0.11 +0.54

Asset Beta=0.65

State with brief reason whether the following statements are true, false, or uncertain:a. In the presence of heteroscedasticity OLS estimators are biased as well as inefficient.b. If heteroscedasticity is present, the conventional t and F tests are invalid.c. In the presence of heteroscedasticity the usual OLS method always overestimates the standard errors of estimators.d. If residuals estimated from an OLS regression exhibit a systematic pattern, it means heteroscedasticity is present in the data.e. There is no general test of heteroscedasticity that is free of any assumption about which variable the error term is correlated with.f. If a regression model is mis-specified (e.g., an important variable is omitted), the OLS residuals will show a distinct pattern.g. If a regressor that has nonconstant variance is (incorrectly) omitted from a model, the (OLS) residuals will be heteroscedastic.

Answers

Answer:

Explanation:Djrjjrjrhe

In the presence of heteroscedasticity OLS estimators are biased as well as inefficient is a FALSE statment.

What is heteroscedasticity?

If every variable in a sequential manner has the same finite variance, the succession is homoscedastic. Another name for this is the homogeneity of volatility. Heteroscedasticity is the equivalent concept. Along these used forms include homoskedasticity as well as heteroskedasticity.

b. If heteroscedasticity is present, the conventional t and F tests are invalid in a TRUE statment.

c. In the presence of heteroscedasticity the usual OLS method always overestimates the standard errors of estimators as a FALSE statment.

D. If residuals estimated from an OLS regression exhibit a systematic pattern, it means heteroscedasticity is present in the data  is a FALSE statment.

e. "There is no general test of heteroscedasticity that is free of any assumption about which variable the error term is correlated with.f. If a regression model is misspecified (e.g., an important variable is omitted), the OLS residuals will show a distinct pattern.g. If a regressor that has nonconstant variance is (incorrectly) omitted from a model, the (OLS) residuals will be heteroscedastic" is a TRUE statment

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On January 1, Sheffield Corp. issues $3600000, 5-year, 12% bonds at 94 with interest payable on January 1. What is the carrying value of the bonds at the end of the third interest period?\

Answers

Answer:

$3,513,600

Explanation:

The computation fo the carrying value of the bond at the end of third interest period is shown below:

But before that the value of the bond is

= $3,600,000 × 94%

= $3,384,000

Now the difference in amount is

= $3,600,000 - $3,384,000

= $216,000

The interest amount per year would be

= $216,000 ÷ 5 years

= $43,200

For three years it would be

= $43,200 × 3 years

= $129,600

And, finally the carrying value of the bond is

= $3,384,000 + $129,600

= $3,513,600

You are being actively recruited by a banking institution with a reputation for a weak corporate culture. What aspect of this bank's culture would most STRONGLY impact your decision to accept or reject an offer from this company?A. The company has revered traditions, values, and behavioral norms that mobilize commitment to executing the chosen strategy. B. The company is unreceptive to change, and people who champion new ways of doing things do not last long on the job. C. There is virtually no employee support for the company's strategic vision and strategy. D. The company has a dearth of intellectual capital and shows inattention to building core competencies. E. There is no code of ethics, and the company has little regard for high ethical standards.

Answers

Answer: E. There is no code of ethics, and the company has little regard for high ethical standards.

Explanation:

While all the options are good enough to impart one's decision to avoid this company, ethics is simply non-negotiable. This is a banking institution which means that they handle people's money. If they engage in unethical ways and show little regard for high ethical standards, people will be hurt directly.

In order not to be complicit in this, it is best to avoid the company because banking institutions without codes of ethics or adherence to high ethical standards never last long.

Economic profit is:_______.
a. always larger than accounting profit.
b. equal to the difference between accounting profit and implicit costs.
c. the sum of accounting profit and implicit costs.
d. equal to the difference between total revenue and implicit costs.

Answers

Answer:

b. equal to the difference between accounting profit and implicit costs.

Explanation:

Economic profit is equal to the difference between accounting profit and implicit costs.

Accounting profit = Total Revenue- Explicit Cost

Economic profit = Accounting profit - Implicit cost

Economic profit will be less than or equal to the accounting profit.

Suppose you win a small lottery and you are given the following choice: You can receive (1)an immediate payment of $10,000 or (2)two annual payments,each in the amount of $5,200,with the first payment coming one year from now,and the second payment coming two years from now.You would choose to take the immediate payment of $10,000 if the interest rate is:________.
A) 2 percent,but not if the interest rate is 1 percent.
B) 3 percent,but not if the interest rate is 2 percent.
C) 4 percent,but not if the interest rate is 3 percent.
D) 5 percent,but not if the interest rate is 4 percent.

Answers

Answer: B) 3 percent, but not if the interest rate is 2 percent.

Explanation:

Assuming the interest rate is 1%, the present value of the two year payments is;

= (5,200 / ( 1 + 1%)) +  (5,200 / ( 1 + 1%)²)

= $10,246.05

Assuming rate is 2%.

= (5,200 / ( 1 + 2%)) +  (5,200 / ( 1 + 2%)²)

= $10,096.12

Assuming rate is 3%

= (5,200 / ( 1 + 3%)) +  (5,200 / ( 1 + 3%)²)

= $9,950.04

At 3%, the present value of the annual payment is less than the value you could be paid today so you would take the $10,000 instead.

At 2% however, the present value of the annual payments is more than the value you could collect today so you would not take the $10,000.

On September 1, ABC Company borrowed $50,000 on a 6%, 9-month note payable to XYZ National Bank. Given no previous adjusting entries have been recorded, ABC's adjusting entry at December 31 would include a:________.
a. debit to Interest Expense of $3,000.
b. debit to Interest Expense of $2,250.
c. debit to Interest Expense of $1,000.
d. debit to Interest Expense of $750.

Answers

Answer:

c. debit to Interest Expense of $1,000.

Explanation:

The adjusting entry is as follows:

Interest expense Dr ($50,000 × 6% × 4 months ÷ 12 months) $1,000

     To Interest payable $1,000

(Being the interest expense is recorded)

Here interest expense is debited as it increased the expense and credited the interest payable as it also increased the liabilities

Therefore the correct option is c.

After implementing activity-based costing to estimate customer-level technical support costs, ABC Company found that customer X is unprofitable. What are reasonable ways to deal with this customer? Select ALL correct answers (you might need to select more than one answer). a) charge the customer a higher price per unit (assume that you can charge different customers different prices for the same product or service) b) limit the number of free technical-support calls per customer c) if nothing else works, "fire" the customer d) charge a fee per technical-support call e) trick question -- it is impossible to estimate customer-level profitability

Answers

Answer:

b) limit the number of free technical-support calls per customer

d) charge a fee per technical-support call

Explanation:

In the case when a company implements the ABC costing so here it identified the profitable group i.e. the high profitable customer would be 30% and the 40% i.e. less profit is considered as a making customer

And, the left balance would be either less or non-profitable

So as per the given situation, the option B and the option D is correct and the same is to be considered

What is the value today of receiving $4,500 at the end of each year for the next four years, assuming an interest rate of 12% compounded annually?

Answers

Answer: The correct answer should be: a. $118.

References: Solution: A = P(A/P , i, n)

A = 4,500(A/P, 1%, 48) = (4,500)(0.0263) = $118.35

(im sorry if im wrong)

The balance in the prepaid rent account before adjustment at the end of the year is $16,212, which represents 6 months' rent paid on December 1. The adjusting entry required on December 31 is to:____.a. debit Rent Expense, $12,000; credit Prepaid Rent $12,000.b. debit Prepaid Rent, $6,000; credit Rent Expense, $6,000.c. debit Rent Expense, $6,000; credit Prepaid Rent, $6,000. d. debit Prepaid Rent, $12,000; credit Rent Expense, $12,000.e. none of these answers are correct.

Answers

Answer: e. none of these answers are correct.

Explanation:

Going by the accrual basis in Accounting, expenses should be recorded only when incurred.

Rent expense for the year therefore will be the rent incurred for the year which is for the month of December alone in this question as the rent was paid on December 1.

The rent for December will be deducted from the Prepaid expense account.

Rent per month is;

= 16,212/6

= $2,702 per month

Correct entry will be;

Date               Details                                                     Debit               Credit

Dec. 31           Rent Expense                                        $2,702

                       Prepaid Rent                                                                   $2,702

Marquis has a gross pay of $816. By how much will his gross pay be reduced if Marquis has the following items withheld?
federal tax of $92
Social Security tax that is 6.2% of his gross pay
Medicare tax that is 1.45% of his gross pay
state tax that is 22% of his federal tax
a.
$82.66
b.
$129.13
c.
$164.01
d.
$174.66


Please select the best answer from the choices provided

Answers

Answer:

$174.66 which is d on edge

Explanation:

i studied very hard and i made a 100

Consider the restaurant Jack in the Box. As a student, you visit Jack in the Box every week. After graduating college, you (and many other students) started a job paying more than $60,000 per year. Assuming that the number of graduating students is large enough to influence the market, what will happen to the equilibrium price and quantity of Jack in the Box burgers

Answers

Answer:

well there is many factors that can effect this. the burgers will go up because that's what you are used to eating and find comfort in. and the other college students will also eat there.

Hockey Pro budgets production of 4,100 hockey pucks during May. The company assigns variable overhead at the rate of $1.50 per unit. Fixed overhead equals $45,000 per month. Prepare a factory overhead budget for May.

Answers

Answer:

Total manufacturing overhead= $51,150

Explanation:

Giving the following information:

Hockey Pro budgets production of 4,100 hockey pucks during May. The company assigns variable overhead at the rate of $1.50 per unit. Fixed overhead equals $45,000 per month.

Manufacturing overhead budget:

Total fixed overhead= 45,000

Total variable overhead= 1.5*4,100= 6,150

Total manufacturing overhead= $51,150

Continuous innovation products are the most typical forms of innovation we see among new products every year. The primary reason a brand manager would support innovation investment in such products is:_______

a. Wholesalers more likely to stock larger inventory levels
b. Greater profit per unit
c. All are valid options
d. Longer product life cycle
e. Lower investment cost

Answers

Answer:

d. Longer product life cycle

Explanation:

Continuous innovation products are the most typical forms of innovation we see among new products every year. The primary reason a brand manager would support innovation investment in such products is Longer product life cycle. In this case of continuous product innovation, the product life cycle is longer in comparison to the existing ones and this is based on the factor that it possess additional factors or attributes that will contribute towards the same.

Discuss the FOUR (4) P’s of marketing by Alibaba.

Answers

Answer:

product, price, place, promotion

Explanation:

which product do your customers need

the price of the product

the place

the promotion for performance

Precision Tool requires a 15 percent rate of return and uses straight-line depreciation to a zero book value over the life of its equipment. A Machine it is using has an initial cost of $892,000, annual operating cash flow (OCF) of - $26,300, and a 4-year life. The machine will be replaced at the end of its useful life. What is the EAC of the machine? A- $338,737 B- $355,702 C- $376,907 D- $436,864

Answers

Answer:

A -$338,737

Explanation:

initial outlay = -$892,000

cash flows year 1 - 4 = -$26,300

first we must determine the present value of the machine and its associated cash flows

PV = -$892,000 - $26,300/1.15 - $26,300/1.15² - $26,300/1.15³ - $26,300/1.15⁴ = -$967,085.93

equivalent annual cost (EAC) = (NPV x i) / [1 - (1 + i)⁻ⁿ] = (-$967,085.93 x 15%) / [1 - (1 + 15%)⁻⁴] = -$338,736.69 ≈ -$338,737

The following labor standards have been established for a particular product:
Standard labor-hours per unit of output 9.0 hours
Standard labor rate $ 15.10 per hour
-
The following data pertain to operations concerning the product for the last month:
Actual hours worked 8,100 hours
Actual total labor cost $ 119,880
Actual output 800 units
What is the labor rate variance for the month?
11160F
2430F
13320U

Answers

Answer:

$2,430F

Explanation:

The formulae for labor rate variance is given as (Actual rate - Standard rate) × Actual hours worked.

Labor rate variance = (Actual rate - Standard rate) × Actual hours worked

Given that;

Actual rate = Actual total labor cost ÷ Actual hours worked

= $119,880 ÷ 8,100

= $14.8 per hour

Standard rate = $15.10 per hour

Actual hours worked = 8,100

Labor rate variance = ($14.8 - $15.10) × 8,100

Labor rate variance $2,430F

According to the IRR decision rule, you accept a project if:_________
a) the IRR is greater than or equal to 1.0.
b) the IRR is greater than or equal to the required return (i.e., cost of capital).
c) None of these are correct.
d) the IRR is less than the required return (i.e., cost of capital).
e) the IRR is greater than or equal to 0%.

Answers

Answer:

(d ) .the IRR is less than the required return.

Given the lack of formal structure, how important do you think Gore’s informal structure becomes?

Answers

Answer:

The lack of a formal structure makes Gore's informal structure more important as it creates social bonds among workers, which help to propel productivity in the workplace.

Explanation:

Gore's informal structure encourages the creation of rapport among workers outside the workplace.  The social relationships that are developed by the workers enable them to tackle challenges and ensure the smooth running of the organization.  Workers' morale is boosted through social relationships.  Cohesion is created with social bonding and understanding.  This helps the workers to work together to achieve organizational goals without the benefit of any formal structure.

The lack of formal structure makes Gore's informal structure more important for organizational processes, as it narrows social and professional relationships within a company.

Some advantages of the informal structure:

Greater organizational communication.Faster decision making.Increased motivation.Conflict reduction.Increased innovation and creativity.

Therefore, the informal structure makes an organization more flexible, where employees feel more motivated to carry out innovative and productive work with the internal environment more focused on employee development.

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1. Use the first three tools of monetary policv to illustrate how the Federal Reserve would expand production within the economy.

Answers

Djhdndndndnns and piper have to go to heaven

Alex and Tory are married and filing jointly. Their gross income is
$150,000. How much do they owe in federal taxes?

Answers

Answer:

$27,009.00

Explanation:

Please mark brainliest

Amount owe in federal taxes is $9,889

Tax based problem:

Given that;

Gross income = $150,000

Married and filing jointly

Find:

Amount owe in federal taxes

Computation:

Taxable Income = Gross Income - Standard Deduction

Taxable Income = $150,000 - $24,800

Taxable Income = $125,200

Tax rate slab between [$80,250 to $171,050] is 22%

So,

Amount owe in federal taxes = 22%[125,200 - 80,250]

Amount owe in federal taxes = $9,889

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On January 1, Reynolds Inc. issued four-year bonds with a face value of $100,000. The bonds have a stated interest rate of 5 percent. When the bonds were issued, the market interest rate was 4 percent. The bonds pay interest once per year on December 31. Over the entire life of the bond, how much Interest Expense will Reynolds recognize related to this bond?

Answers

Answer:

$16,350

Explanation:

Issuance price = Present value of interest*PVIAF (5%, 4) + Present value of maturity amount PVIF (4%, 4)

Issuance price = $100000*5%*3.630+100000*0.855

Issuance price = $103,650

Premium on bond issue = $103,650 - $100,000

Premium on bond issue = $3,650

Total interest payment = 100000*5%*4

Total interest payment = $20,000

Interest Expense entire life of the bond = Total interest payment-Premium on bond issue

Interest Expense entire life of the bond = $20,000 - $3.650

Interest Expense entire life of the bond = $16,350

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Think about how human resources are handled at the company you work for, or one you have worked for in the past. Must write seven sentences and answer all three questions completely !!!

1. What steps of the human resources cycle does the company handle well? Why?

2. What steps of the human resources cycle are handled poorly? Why?

3. How is culture impacted by the Human Resources department?

Answers

Human Resource Management (HRM) is the term used to describe formal systems devised for the management of people within an organization. The responsibilities of a human resource manager fall into three major areas: staffing, employee compensation and benefits, and defining/designing work.
and that is all!!

Studies on a machine that forges cylinder barrels for Volkswagen aftermarket performance engines indicate that when it is forging 103 mm diameter cylinders, the process standard deviation is 0.20 mm. The cylinders have a specification of 103 mm plus 0.75 mm or minus 1.25 mm. What is the minimum process capability index (Cpk)? a. 1.25 b. 1 c. 0.75 d. 0.67 e. 2.08

Answers

Answer:

a. 1.25

Explanation:

Calculation for the minimum process capability index (Cpk)

First step is to calculate the USL which is Upper Specification limit

Upper Specification limit=103+0.75

Upper Specification limit= 103.75

Second Step is to calculate the LSL which is Lower Specification limit

Lower Specification limit = 103-1.75

Lower Specification limit= 101.25

Last step is to calculate the minimum process capability index (Cpk) using this formula

Minimum Process capability index= [(M-LSL)/3sd; (USL-M)/3sd]

Where,

Actual Mean = M=103

Standard deviation= sd= 0.2

Hence,

Minimum Process capability index= 1.25

Therefore the minimum process capability index (Cpk) will be 1.25

Why is it important to understand that the amount cash paid for taxes is different than the amount of income tax expense?

Answers

Answer: To know the amount of tax the business should pay from reported profit which is different from it's actual tax bill

Explanation:

Income tax expense could be described as what is calculated that the company owes in taxes according to accounting rules. They are reported on the income statement.

While Income tax payable is described as the actual amount the company owes in taxes based on the rules of tax code. They appear on the balance sheet of the company accounting documents until the bills are cleared off or paid.

The reason for understanding the difference is to know the amount of tax the business should pay from reported profit which is different from it's actual tax bill

Question 5 of 10
A bank analyzes potential borrowers' debt-to-income ratio in order to find out:
O A. whether they have ever failed to make timely payments on other
loans.
OB. how much money they owe in other debts compared to how much
they earn.
O c. the value of their house and car, which can be used as collateral
for a loan.
O D. the total amount of debt they have accumulated and paid off over
a lifetime.
SUBMIT

Answers

The bank analyzes potential borrowers' debt-to-income ratio in order to find out option b. how much money they owe.

What is the debt to income ratio?

It is the rato that shows in the percentage form with respect to the gross income to the paying debts.

So at the time when the bank analyzes potential borrower so here the money that owe should be compared with the earning amount.

Hence, the option b is correct.

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Endogenous growth theory rejects the assumption of exogenous:_________.a. population growth rates. b. production functions. c. rates of depreciation. d. technological change.

Answers

Answer:

d. technological change.

Explanation:

Endogenous growth theory can be defined as a theory which states that the growth of a company is directly related to its internal factors such as number of employees, policies, etc and not external factors.

Endogenous growth theory rejects the assumption of exogenous technological change.

NoreCorp wants to meet a moral minimum of ethical behavior

Answers

The company could offer higher-quality products to customers for lower cost, positively impacting customers.

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Answers

Answer:

that is really good

Explanation:

Other Questions
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