what expression does not reflect the correct relationship between the current and financial account?

Answers

Answer 1

The current account is always offset by the capital and financial account so that the sum of these accounts – the balance of payments – is zero.

How is the financial account linked to the current account?The current account records the flow of goods and services in and out of a country (imports and exports). The capital account measures the capital transfers between U.S. residents and foreign residents.The financial account reflects increases or decreases in a country's ownership of international assets.A change in accounting estimate can be defined as a necessary adjustment of the book value or carrying value (cost of an asset in the balance sheet minus its depreciation) of an asset.Based on the information provided within the question we can say that all of these choices are correct. Financial accounting keeps track of a company's financial information which can be viewed by external users. In order to make sure that all the information is correct they need to follow a set of externally imposed rules or standardized guidelines set forth by different Government Branches.

To learn more about financial account refer to:

https://brainly.com/question/14932589

#SPJ4


Related Questions

a retailer pays a wholesaler $24.00 for an item and then sells it with a 25 percent markup. the retailer's selling price is

Answers

A retailer pays a wholesaler $24.00 for an item and then sells it with a 25 percent markup. The retailer's selling price is: $32

When consumers buy a product and sell it to the final clients for their consumption, and not to any dealer or wholesaler, that is known as Retail. The retailers are the mediator between wholesalers and clients. They purchase goods from the wholesaler and sell them to the final clients in small quantities.

Currently, many brick-and-mortar shops are ordinary examples of retail. specially, we can point out some giants consisting as Walmart, great Purchases, and target. those are very acquainted and famous names. A store purchases in bulk from the wholesalers and sells the goods to the customers in small quantities. A store basically maintains a variety of merchandise. The intention of a store is to gain maximum satisfaction with the aid of exceeding expectations and turning in tremendous offerings.

Learn more about retailers here:

https://brainly.com/question/7464326

#SPJ4

gretchen is preparing a sales presentation for the executive team. what organizational structure is she most likely to use?

Answers

She is most likely to employ the organizational structure of problem to solution. As a result, choice D is right.

What is an organizational structure?

An organizational structure outlines how tasks are assigned, coordinated, and overseen in order to achieve organizational objectives.

The basis upon which standard operating procedures and routines are built is provided by organizational structure. It decides who gets to take part in what decision-making procedures and how much their opinions influence the organization's activities.

The lens or perspective that people use to perceive their organization and its surroundings is known as the organizational structure. Depending on its goals, an organization can be set up in many different ways.

The organizational structure will dictate how an organization performs and runs.

Learn more about organizational structure, here

https://brainly.com/question/23967568

#SPJ1

An investor purchased a mutual fund through his broker. The broker charged him a fee of 3. 75% of the amount of the fund. Which type of fee has the broker charged?.

Answers

An investor purchased a mutual fund through his broker. The broker charged him a fee of 3. 75% of the amount of the fund. The front end load is the fee charged.

What is mutual funds fee?

A front-end load is a commission or sales fee that is imposed at the moment an investment is first purchased. The phrase is most frequently used in reference to mutual fund investments, although it can also refer to annuities or insurance contracts.

The fee imposed by a certain mutual fund scheme to manage the investments on behalf of the investor is known as the total expense ratio (TER), which refers to all costs associated with managing mutual funds as a whole.

Read more on mutual funds here https://brainly.com/question/4521829

#SPJ1

company x and company z have established a business arrangement whereby the two firms will cooperate for their mutual benefit. which of the following has most likely been established? a. competitive advantage b. licensing agreement c. franchising arrangement d. strategic alliance

Answers

For the advantage of both companies, there will be cooperation. which of the following alliances is more likely to have been formed strategically

What is the purpose of mutual benefit assurance?

Insurance-related goods and services are offered by Mutual Benefits Assurance Plc. The company provides protection policies, investment-linked programs, endowment plans, and vehicle, marine, travel, fire, aviation, group life, and mutual term insurance. Customers in Nigeria are served by Mutual Benefits Assurance.

Which organizations fall under the category of mutual benefit?

Professional associations, homeowners' associations, unions, chambers of commerce, social clubs, and fraternities are a few frequent examples of mutual benefit companies.

To know more about mutual benefit visit:

https://brainly.com/question/28100390

#SPJ4

Which factors contribute to compromised physiologic functioning in premature newborns?.

Answers

The factors that contribute to compromised physiologic functioning in premature newborns are

immaturity of organ systemsmaternal conditions and medicationstiming of cord clampingresuscitation maneuvers.

What are physiologic functionings?

Generally, Normal physiologic transition is disrupted in the premature newborn by a number of circumstances, some of which include but are not limited to the immaturity of organ systems, illnesses and drugs affecting the mother, the timing of cord clamping, and resuscitation procedures.

Read more about physiologic functioning

https://brainly.com/question/14741361?

#SPJ1

when a currency is allowed to increase or decrease freely according to market forces, the currency is said to:

Answers

A currency is considered to have independent float when it is permitted to rise or fall freely in accordance with market forces. the potential risk that changes in foreign currency rates would affect the value of an asset that a business owns.

What are the two main currency conversion techniques?

The two fundamental methods for accounting for currency translation are the current technique, which is used when the subsidiary and parent use the same functional currency, and the temporal method, which is used when they don't.

What does the term "foreign exchange risk" mean?

Foreign exchange risk is, by definition, the potential for a firm to be impacted by a change in the exchange rate between its home currency and the currency in question.

To know more about currency visit :-

https://brainly.com/question/14372075

#SPJ4

which trader would most likely have a portfolio of just one stock? day trader swing trader garp trader esg trader

Answers

a) Day trader would most likely have a portfolio of just one stock.

In the field of business, a day trader can be described as a kind of trader that has a maximum stock for a single kind of product, and the product is tried to be sold on the same day because of market price fluctuations.

A day trader has effective knowledge about the prices of various stocks in the market. He tries to buy just one type of stock for a day when the retail price of the product has become lower in the market so that he can sell it at the same higher price in the market. In this way, more profit is gained by a portfolio of just a single stock.

To learn more about trader, click here:

https://brainly.com/question/1799901

#SPJ4

what is the marginal product of the second worker? a. 15 students b. 20 students c. 25 students d. 22.5 students

Answers

The marginal product of the second worker is option C. 25 students

What is a marginal product?

Marginal product refers to the change in output as a result of employing one more unit of a particular input, for example, an increase in worker.

From the table attached, when the firm had only 1 unit of worker, the output was 20. When it increased its worker to 2, the output increased to 45.

In order to determine the marginal product,

subtract the output of the second worker from the first

Marginal Product = 45 - 20

= 25

Therefore, marginal product of the second worker = 45 - 20 = 25

learn more about marginal product: https://brainly.com/question/14867207

#SPJ1

The complete question is as shown in the attached picture.

investors typically accept a lower risk-adjusted rate of return on debt capital than on equity capital because:

Answers

Present value, multipliers, and equity ensure that quality are the three main subcategories of stock valuation methods.

What sort of equity is that, exactly?

Any asset's equity is the equity remaining after all liabilities related to it have been paid off. For instance, if you owe $300 on a car you own that is worth $25,000, you have $15,000 in equity in the asset. It is the worth of or interest in assets held by the most inexperienced class of investors.

What does equity mean for a company?

The sum of money that will be returned to stockholders if a company sold all of its assets and settled all of its debts is known as equity. Accounts receivable, currency, real land, and patents are examples of assets, whereas debts due to other organizations or people are examples of liabilities.

To know more about equity visit:
https://brainly.com/question/13278063

#SPJ4                                                                                                                                                                      

                   

compared to about 35 million hospital admissions in the us annually, how many outpatient visits are there? 40 million 70 million 100 million

Answers

Compared to about 35 million hospital admissions in the US annually then outpatient visits are 100 million. The correct option is 100 million.

In the hospital admissions, an admission note is a part of medical record that documents the patients status reasons why the patient is being admitted for inpatient care to a hospital or other facility and the initial instructions for that patient's care.

Compared to about 35 million hospital admissions in the US annually then outpatient visits are 100 million and this is an achieving total systems safety flashcards.

To know more about hospital admissions here,

https://brainly.com/question/17112603

#SPJ4

g the exchange rate that equates the quantities of currecnysupplued ad dermanded in the foreign exhange market is called the exchange market

Answers

The market equilibrium worth of the  exchange  scale is the conversion standard that approaches the amounts of cash gave and mentioned in the unfamiliar trade market.

What exactly is market equilibrium?

Equilibrium is the state where market interest balance one another, and thus costs become steady. For the most part, an over-supply of labor and products aims costs to go down, which brings about more appeal — while an under-supply or lack makes costs go up bringing about less interest.

Without outer powers, financial harmony is what is happening in which monetary components, for example, organic market are adjusted and the upsides of monetary factors don't vary. Market balance is a situation in this situation where a market cost is framed by means of contest to such an extent that the quantity of labor and products looked for by purchasers matches the quantity of labor and products given by dealers. This cost is now and again alluded to as the cutthroat cost or market clearing cost, and it is probably not going to change except if request or supply changes, so, all in all the sum is alluded to as the "serious amount" or market clearing amount.

To learn more about market equilibrium, click

brainly.com/question/26251442

#SPJ4

explain why it is necessary to include product cost (price or price times quantity) in the quantity discount model, but not in the basic eoq model.

Answers

Price times quantity is not variable in the EOQ model but it is variable in the discount model. When quantity discounts are available, the unit purchase price of the item depends on the order quantity.

quantity or quantity is a belonging which could exist as a large number or value, which illustrate discontinuity and continuity. quantities may be in comparison in phrases of "greater", "less", or "same", or by means of assigning a numerical fee a couple of of a unit of measurement. Mass, time, distance, heat, and angle are a few of the familiar examples of quantitative properties. quantity is a number of the primary instructions of things along with nice, substance, change, and relation. some quantities are such by using their inner nature (as range), even as others characteristic as states (homes, dimensions, attributes) of things along with heavy and light, lengthy and brief, large and slender, small and excellent, or a great deal and little.

Learn more about quantity here

https://brainly.com/question/26044328

#SPJ4

what is the future of project management (i.s., increasing or decreasing in importance to organizations and why)?

Answers

In order to finish a lot of prosperous comes and sit up with the educational curve, the longer term of project management depends in developing project management talents and getting a lot of education. associate degree growth in huge information may be a additional WEF trend.

What is project management?

Project management is that the method of overseeing a team's activity to finish all project objectives among the established parameters. The project documentation that's ready at the beginning of the event method usually embrace descriptions of this data. The 3 main restraints area unit budget, time, and scope. Optimizing the distribution of necessary inputs and victimisation them to attain pre-established goals is that the secondary drawback.

The goal of project management is to produce a finished product that meets the goals of the shopper. The goal of project management is often to change the client's temporary so as to a lot of effectively accomplish the client's goals.

To learn more about project management, visit:

brainly.com/question/16927451

#SPJ4

face 2 face corporation reports 240 outstanding shares, 1,200 authorized shares, and 120 shares of treasury stock. how many shares are issued?

Answers

The number of shares issued is 330.

Purpose of determining number of issued and outstanding shares of a stock?

The approved application, which details the maximum number of shares the company can issue, is given to the firm once it files for formation. The authorised shares of a company's common stock are the quantity that can ever be issued.

The number of issued shares of a stock is used to check if the firm has not issued more shares than the number of shares of common stock that are legally permitted to be issued by the company. A corporation shouldn't issue more shares than is permitted. The entire amount of dividends to be paid depends on the number of outstanding shares.

Calculate the number of shares issued.

Number of issued shares = Number of outstanding shares

+ Number of treasury shares

[tex]$$\begin{gathered}=220+110 \\=330\end{gathered}$$[/tex]

Treasury shares, issued earlier, are repurchased by the company itself. Those shares are not in the market while the outstanding shares are those ones that are floating in the market.

So, the number of issued shares is the sum of the number of outstanding shares and the number of treasury shares. Based on this information, the calculated number of issued shares is 330.

To learn more about shares issued. visit:https://brainly.com/question/28392295

#SPJ4

an amount of is borrowed for years at interest, compounded annually. if the loan is paid in full at the end of that period, how much must be paid back? use the calculator provided and round your answer to the nearest dollar.

Answers

A = P(1 + r/n)^(nt)

A = 36000(1 + .08)^6

A= 57,127.48

What is compound?Compound, to savers and investors, means the ability of a sum of money to grow exponentially over time by the repeated addition of earnings to the principal invested. Each round of earnings adds to the principal that yields the next round of earnings. In savings accounts, this is called compound interest.By contrast, simple interest does not reflect compounding. The interest is paid on the original balance only, not the original balance plus its previous earnings.Financial experts advise individuals to start saving early as the benefits of time with compounding greatly increases returns.Simple interest is paid only on the original amount invested, growing more slowly over time.

To learn more about simple interest refer to:

https://brainly.com/question/25845758

#SPJ4

How did the world's per capita income and the degree of income inequality change between 1800 and 1980?

Answers

Income disparity rose although per capita income climbed by about ten times.

The distribution of income or income growth among the population is referred to as income inequality. Less equal income distribution or growth is represented by higher income inequality. The paper offers a number of inequality measurements.

The amount of money made per person in a country or region is expressed as per capita income. The average per-person income for a region is calculated using per capita income, which is also used to assess the population's standard of living and quality of life.

From 100-1900 world's per capita income increased but degree of income inequality also increased.

To know more follow link:

https://brainly.com/question/28490817

#SPJ4

maria needs extra money to buy a truck to start up a delivery service. she takes out a simple interest loan for $8000 for a period of 3 months at a rate of 6.25% . how much interest must she pay, and what is the maturity value of the loan?

Answers

She must pay 1500 in interest according to the provided statement, and the loan's maturity value is $58,000.

What does the term interest mean?

The costs associated with borrowing cash and paying somebody to lend you money are referred to as interest. Interest is frequently calculated as such a monthly percentage of the amount borrowed. The interest on the loan is represented by such a percentage.

Briefing:

We've provided the following in response to the query:

➣ Principal = £8000

➣ Time = 3 months

➣ Rate = 6.25%

Finding the Principal by changing every value in the formula:

I=[tex]\frac{PRT}{100}[/tex]

I=[tex]\frac{P*R*T}{100}[/tex]

I=[tex]\frac{8000*3*6.25}{100}[/tex]

I=1500

MV=P(1+r)ⁿ

MV=8000(1+6.25)

MV=58000

To know more about interest visit:

brainly.com/question/29480777

#SPJ4

for most goods in an economy, the primary signal that guides the decisions of buyers and sellers is a. quality. b. advertising. c. price. d. reputation.

Answers

Option C is correct. price/expenses information the decisions of buyers and dealers and these selections lead to an environment friendly allocation of resources.

What do costs help shoppers and marketers make?

Prices ship signals and provide incentives to buyers and sellers. When provide or demand changes, market costs adjust, affecting incentives. Higher expenditures for a precise or provider provide incentives for shoppers to buy much less of that desirable or provider and for producers to make or sell greater of it.

What are private goods and services?

private good, a product or service produced by means of a privately owned commercial enterprise and purchased to increase the utility, or satisfaction, of the buyer. The majority of the items and services fed on in a market economy are non-public goods, and their fees are determined to some diploma via the market forces of supply and demand.

Learn more about allocation of resources here:

https://brainly.com/question/6107102#SPJ4

james (35), an unmarried taxpayer, lives with his sister, tiana (24), and aaliyah, his three-year-old niece. tiana works part-time and earned $3,800 in 2021. tiana will not claim aaliyah as a dependent. she will file her return just for the purpose of claiming a refund for tax withheld. james earned $48,000 during the year, and he pays more than half the cost of maintaining the home. what is james's most favorable filing status?

Answers

Answer:

James is eligible to claim the head of household filing status because he is not married for tax purposes, thus he has satisfied all of the conditions.

Explanation:

For more than half of the tax year, the taxpayer must keep a home that serves as the primary residence for at least one qualifying person who is an unmarried son or daughter, unmarried grandchild, unmarried stepchild, or any other relative who is qualified to be claimed as a dependent, with the exception of those who qualify under a multiple-support agreement.

As a result, because James does reside in the primary place of residence while being a independent, he is qualified individual.

Learn more about James visit:https://brainly.com/question/29730406

#SPJ4

appointed agency leaders are tasked with steering their agencies in the direction

Answers

The appointed agency leaders are tasked with steering their agencies in the direction charted by the President.

Who appoints the heads of agencies?

The President appoints the leaders of federal agencies, including the Cabinet, with the goal of putting into effect and upholding the laws passed by Congress. A political appointee is defined by the United States Office of Government Ethics as "any employee who is appointed by the President, the Vice President, or agency head."

The Secretary, the Under Secretary, and Assistant Secretary, as well as any other executive or military department head or assistant head, are referred to as the agency's "Secretary" or "Head of the Agency."

To learn more about agency, visit:

https://brainly.com/question/28437178

#SPJ1

barry's goal is to obtain a 4.0 gpa this semester. he completes several extra-credit assignments to ensure success but doesn't internalize a lot of what he has learned. this is an example of which type of orientation? performance achievement effort mastery

Answers

This is an example of Performance orientation. Therefore, the first option is the correct answer.

The level to which innovation, exacting standards, and top-notch performance are promoted and rewarded is known as performance orientation. High performance-oriented nations place a high value on materialism and competition, and they anticipate investing in training to encourage performance enhancements. Argentina, Russia, and Greece have low performance orientations while the United States and Europe have high performance orientations.

A perceived mental state called "performance orientation" frequently fuels somewhat counterproductive public speaking anxiety. A speaker who has a performance-oriented mindset will see public speaking as an opportunity to wow the audience, whom he regards as harsh critics of even the smallest error. Most of the time, the speaker is more worried about criticism from the audience regarding his subject, appearance, level of education, and even delivery. It is a detrimental factor that can significantly influence how you interact with your audience when giving a public presentation.

Learn more about Performance Orientation here: https://brainly.com/question/29754274

#SPJ4

bridget's hamburger stand uses only 7 ingredients but offers 15 different burgers. this process is known as

Answers

Bridget's hamburger stand uses only 7 ingredients but offers 15 different burgers. this process is known as modular design

What is modular design?

Modular design allows for variety, or at least the appearance of variety, without incurring the costs of custom production. This adds flexibility to the ways in which customers can be met, the customization provided by the modular design allows customers to mix and match parts according to their own taste.

There is a classification of modules:

RemovableAttachableDetachableFolding

For more about modular design here https://brainly.com/question/28566563

#SPJ4

A company's _____ is the large-scale action plan that encompasses the company's vision and is used to create the direction for the business.
A. structure
B. strategy
C. forecast
D. culture

Answers

A company's strategy is the large-scale action plan that encompasses the company's vision and is used to create the direction for the business.

Option B is correct.

Company strategy:

A strategy is a long-term plan that a business creates to achieve its desired future state. Your strategy includes your company goals, the type of product/service you want to develop, the customers you want to sell to, and the markets you want to serve profitably.

What is Good Corporate Strategy?

A successful business strategy begins by formalizing a plan on the three core elements that follow.Business goals, target groups and strategic management. Use these six action items to start crafting an effective business strategy that aligns with your organization's goals.

Learn more about company's strategy:

brainly.com/question/8192142

#SPJ4

if a firm's total fixed cost is $400,000 and its fixed-cost contribution per unit is $10, its break-even in units is

Answers

If a firm's total fixed cost is $400,000 and its fixed-cost contribution per unit is $10, its break-even in units is The break -even units will decrease.

=$450,000 -$400,000= $50,000

=$50,000/ $400,000  x 100 = 12.5 %

What is break even point?

In economics, business, and particularly cost accounting, the break-even point is the point at which total cost and total income are equal, or "even." Although opportunity costs have been paid and capital has received the risk-adjusted, projected return, there is no net loss or gain, and one has "broken even."

The break-even threshold is reached when overall costs and total revenues are equal, leaving your small firm with no net benefit or loss. In other words, you've achieved the point in production where the revenue from a product equals the cost of manufacture.

To know more about break even point, refer:

https://brainly.com/question/15402378

#SPJ4

most salespeople are not trained how to install their products. then why should a good salesperson make it a point to oversee the installation process?

Answers

Typically, installers do now not have the identical relationship with the customer and may additionally not have the kind of persona to deal with difficult situations.

Why is it vital for a salesperson to set up expectations with a new customer?

Increase brand loyalty: Exceeding your customers' expectations can inspire them to make future purchases from the brand. Influence product sales: Customers who have excessive expectations about your merchandise or offerings may additionally select to keep with the brand, helping you amplify income and meet income goals .

Salespeople need to recognize the buyer, including the urgent issues the consumer is going through and what they desire as they work their way to a purchase. They also need to have expertise about their personal product or carrier and the industry.

Learn more about priority for every salesperson here:

https://brainly.com/question/29672058#SPJ4

ella has recorded monthly expenses in her budget spreadsheet project. she needs to add all of the dollar amounts in the cell range of f4:f14 and then display the results in cell f16. what should ella do to perform this task?

Answers

Double-clicking the boundary of the column or row in Excel is the simplest technique to auto-fit: By hovering the mouse pointer over the right border of the column heading until the double-headed arrow appears and then double-clicking the border, you can autofit one column.

How to AutoFit in Excel?Without having to manually adjust the column width and row height, Excel's AutoFit feature is intended to automatically resize cells in a worksheet to fit various data sizes.The column width is adjusted by the autofit feature to accommodate the greatest value in the column.The column width is adjusted by the AutoFit Row Height option to match the largest number in the row. With this choice, the row is expanded vertically to accommodate text that is particularly tall or multi-lined.Because Microsoft Excel automatically adjusts row height based on the height of the text you input in a cell, unlike other spreadsheet programs, you won't need to auto fit rows as frequently as columns.Row heights might not automatically adjust, though, if you're exporting or copying data from another source.

To Learn more About auto-fit refer to:

https://brainly.com/question/29398801

#SPJ4

if a nation is utilizing a fixed exchange rate, which entity is responsible for exchanging domestic and foreign currency as needed to meet supply and demand?

Answers

If a nation is utilizing a fixed exchange rate, the world bank is responsible for exchanging domestic and foreign currency as needed to meet supply and demand.

What is meant by fixed exchange rate?

A fixed exchange rate is a system used by a government or central bank that links the value of the nation's official currency to the currency of another nation or the price of gold. A fixed exchange rate system's goal is to maintain a currency's value within a specific range.

A nominal exchange rate that is firmly established by the monetary authority with regard to a foreign currency or a basket of foreign currencies is known as a fixed exchange rate. A floating exchange rate, in contrast, is established on foreign exchange markets based on supply and demand and typically changes continually.

Read more on fixed exchange rate here: https://brainly.com/question/19913372

#SPJ1

mercy hospital operates an on-site laboratory. total (direct and allocated) costs associated with the laboratory are estimated to be $500,000. of the $500,000, mercy estimates that $350,000 could be eliminated if the laboratory were closed. which of the amounts below reflects the indirect costs of the laboratory?

Answers

$150,000 is the amounts that below reflects the indirect costs of the laboratory.

What are indirect costs?

No matter how much is produced or sold, indirect costs are the costs related to running a business and launching a product or service. In other words, they are unrelated to creating a good or service or buying a good in large quantities to resell. They differ from direct costs because of this. Indirect costs include expenses that are typically classified as overhead, such rent and utilities, as well as general and administrative costs, like officer salaries, accounting department charges, and personnel department costs.

Why is indirect cost important?

The efficient operation of a firm depends on the management of indirect costs. Electricity, equipment, and office rent support business operations and enable entrepreneurs to produce top-notch goods and render suitable services. Businesses can be effectively maintained and operated with the aid of indirect costs. It's crucial to track indirect costs if you want to manage your business spending. Understanding the distinction between direct and indirect costs is essential when setting the price for your goods or services..

To know more about Indirect Costs visit:

https://brainly.com/question/13037939

#SPJ4

The complete question is:

Mercy Hospital operates an on-site laboratory. Total (fully allocated) costs associated with the laboratory are estimated to be $500,000. Of the $500,000, Mercy estimates that $350,000 could be eliminated if the laboratory were closed. Which of the following amounts reflects the indirect costs of the laboratory?

Select one:

a. $500,000

b. $350,000

c. $150,000

d. $850,000

e. Cannot be determined from the information provided

if a substantial percentage of the scenarios look bad, the degree of forecasting risk is high and further investigation is in order.

Answers

The following statement, "If a substantial percentage of the scenarios look bad, the degree of forecasting risk is high and further investigation is in order." is True.

A substantial percentage of risk is always present when engaging in any type of activity, whether it is physical or mental. This is because there is always the potential for something to go wrong, no matter how well prepared or experienced someone may be.

For example, even the most experienced drivers can get into accidents, and even the most talented athletes can suffer injuries. Of course, the level of risk varies depending on the activity.

The question is incomplete, the complete question is:

If a substantial percentage of the scenarios look bad, the degree of forecasting risk is high and further investigation is in order.

(True or False)

To know more about percentage, click here.

https://brainly.com/question/29306119

#SPJ4

france specializes in the production of wine, and the united kingdom specializes in the production of beef. trade of these two goods between these countries is beneficial because of france specializes in the production of wine, and the united kingdom specializes in the production of beef. trade of these two goods between these countries is beneficial because of mercantilism. comparative advantage. communism. absolute advantage.

Answers

The trade of these two goods between countries is beneficial because of comparative advantage.

What is comparative advantage?

If an agent can produce a certain good at a lower relative opportunity cost or autarky price—that is, at a lower relative marginal cost before trade—than their competitors, they have a comparative advantage over them in the economy. The term "comparative advantage" refers to the economic reality of the benefits of trade for individuals, businesses, or nations that result from variations in their factor endowments or technological advancement. He showed that, in the event that two nations with the ability to produce two different goods engage in free trade, each nation will increase its overall consumption by exporting the good for which it has a comparative advantage while importing the other good, provided that there are differences in labor productivity between the two nations.

To learn more about comparative advantage, visit:

https://brainly.com/question/28238063

#SPJ4

Other Questions
On a scale drawing of a horse, the scale is 1 in: 10 ft. If the real horse is 25 ft tall, how tall is the horse on the scale drawing? What can be inferred about the philippines?a. it is doing well but is still a poor nation compared with others. b. it has enjoyed sporadic economic success since the 1960s.c. it was a struggling nation but has achieved economic stability. d. it is now one of the wealthiest nations in the world. jose works for a toy manufacturer that invests an amount equal to a certain percentage of his pay each year into a trust fund account. his firm has contributed to this optional program every year, even when they lost money. his fund usually receives the 25% maximum allowed by law. what kind of retirement program does jose have? $6,000 at 5% compounded daily for 3 years A report based on a review of interim financial information (IFI) would include all of the following elements exceptA. A representation that the financial statements are the responsibility of the auditor.B. A description of the procedures for a review of interim financial information.C. A statement about whether the auditor is aware of any material modifications that should be made to the accompanying financial information so that it conforms with the applicable financial reporting framework.D. An identification of the interim financial information reviewed. What belief allowed Europeans to justify colonization? ethnocentrism? nationalism? assimilation? industrialization? What is the relationship between a 90% confidence interval around a mean and a 95% confidence interval around a mean?. "x/3" is divisionx/3 - 4 = -6what does x equal? Most enslaved people in the south maintained their family histories by including them in call-and-response songs. Passing them down to younger family members. Breaking the law and writing them down. Combining them with stories from the bible. 10+((6-4)*4) equal what Can a single bacterium genus contain different cell morphologies or do they all stick to one kind? How is recall measured in LTM retention?Recall requires subjects to generate information on their own. The two types of recall are cued recall (fill-in-the-blank) and free recall (no cue). All hats are on sale for 22.5% off the original price.Abrien is buying a hat that is originally priced at h.Sales tax is 8.875%.Part A: Which expression would calculate the final priceof a hat?Part B: If the original price of a hat is $42, what is thefinal price of buying four hats after the discount andsales tax? (round your answer to the nearest dollar) Untitled TitleA. Part A: h(0.225)(0.08875)Part B: 41B. Part A: 4h(0.775)(1.08875)Part B: $142C. Part A: h(0.775)(1.08875)Part B: $142D. Part A: h(0.775)(0.08875)Part B: $156 how did the supreme court's ruling in fisher v. university of texas (2013) affect the university of texas's admissions policy? 17Select the correct answer from each drop-down menu.Rita is planting saplings along her garden fence. When she started, she had x packages of saplings with 5 saplings per package. She planted 15saplings and has at most 20 left. How many packages of saplings did she start with? What would the solution look like on a number line graph?When Rita started, she hadwith an arrow to thepackages of saplings. The solution can be represented asResetNext Another way to describe ethnocentrism is as a narrow view in which people see things solely through their own perspective. This is called _____.geocentrismindividualismcollectivismparochialism The most common way that Islam spread to Africa was? Which sentence contains a phrase that requires a hyphen?A Her sunroom is full of potted plants.B Frederick enjoys crossword puzzles after a busy day at work.C My sister is a well liked sophomore in high school.D Jade was unhappy that she had to miss the music festival. what was slavery like in Africa before the Europeans? Please Answer Correctly.