Suppose there is a policy debate regarding the United States imposing trade restrictions on imported steel rods:
A senator from a state with several steel-rod factories argues that the United States should threaten to impose a tariff on Chinese steel rods in order to induce the Chinese to remove its tariff on American cars.
Which of the following justifications is the senator using to argue for the trade restriction on steel rods?
a. Unfair-competition argument
b. Infant-industry argument
c. Using-protection-as-a-bargaining-ch ip argument
d. Jobs argument
e. National-security argument
Answers: 3
Business, 21.06.2019 21:00
On january 1, 2018, red flash photography had the following balances: cash, $19,000; supplies, $8,700; land, $67,000; deferred revenue, $5,700; common stock $57,000; and retained earnings, $32,000. during 2018, the company had the following transactions: 1. february 15 issue additional shares of common stock, $27,000. 2. may 20 provide services to customers for cash, $42,000, and on account, $37,000. 3. august 31 pay salaries to employees for work in 2018, $30,000. 4. october 1 purchase rental space for one year, $19,000. 5. november 17 purchase supplies on account, $29,000. 6. december 30 pay dividends, $2,700. the following information is available on december 31, 2018: 1. employees are owed an additional $4,700 in salaries. 2. three months of the rental space has expired. 3. supplies of $5,700 remain on hand. 4. all of the services associated with the beginning deferred revenue have been performed.required: 1. record the transactions that occurred during the year.2. record the adjusting entries at the end of the year.3. prepare an adjusted trial balance.4. prepare an income statement, statement of stockholders’ equity, and classified balance sheet.5. prepare closing entries.
Answers: 2
Business, 22.06.2019 17:30
According to management education expert ashok rao, companies can increase their profitability by through careful inventory management. a. 5% to 10% b. 10% to 25% c. 20% to 50% d. 75%
Answers: 1
Business, 22.06.2019 17:30
Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. some information about the students is listed in this chart: which describes which ctso each student should join?
Answers: 1
Business, 22.06.2019 21:00
Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.
Answers: 1
Suppose there is a policy debate regarding the United States imposing trade restrictions on imported...
Computers and Technology, 13.08.2021 03:00
Mathematics, 13.08.2021 03:00
Mathematics, 13.08.2021 03:00
English, 13.08.2021 03:00
English, 13.08.2021 03:00
Computers and Technology, 13.08.2021 03:00
Mathematics, 13.08.2021 03:00
Mathematics, 13.08.2021 03:00
Computers and Technology, 13.08.2021 03:00
Chemistry, 13.08.2021 03:00
Mathematics, 13.08.2021 03:00