How do the effects of voluntary restraint agreements differ from the effects of a tariff? tariffs reduce trade by more than voluntary restraint agreements. voluntary restraint agreements result in higher prices, which increase revenue for foreign firms, while the revenue raised from tariffs goes to the domestic government. tariffs increase the prices of imports, domestic producers, while voluntary restraints do not. voluntary restraint agreements are informal agreements that can be easily changed, while tariffs are not.

Grace period is a period of time before the credit card company starts charging late fees.truefalse

Quantitative problem: you need $20,000 to purchase a used car. your wealthy uncle is willing to lend you the money as an amortized loan. he would like you to make annual payments for 4 years, with the first payment to be made one year from today. he requires a 8% annual return. what will be your annual loan payments? round your answer to the nearest cent. do not round intermediate calculations. $ how much of your first payment will be applied to interest and to principal repayment? round your answer to the nearest cent. do not round intermediate calculations. interest: $ principal repayment

Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?