assume a simple world in which the united states exports soft drinks and beer to france and imports wine from france. if the united states imposes large tariffs on the french wine, explain the likely impact on the values of u.s. beverage firms, u.s. wine producers, french beverage firms, and french wine producers.

Answers

Answer 1

While French wine producers suffer as a result of U.S. tariffs, American wine producers profit. The French government would probably respond by placing duties on the American beverage companies, which would have a negative impact on their value. The French beverage companies would gain.

Which aspects of tariffs are advantageous and disadvantageous?

Tariffs have been used for a long time to promote domestic manufacturing by enticing people to buy goods created in this country. Tariffs have fallen out of favor in industrialized economies, nevertheless, ever since the end of World War II, as they frequently lead to a decline in trade, higher consumer prices, and international retaliation.

The nations that import goods benefit the most from tariffs since they are the ones that design the policy and receive the funding. The fundamental benefit of tariffs is that they bring in money from the sale of goods and services that are imported. Tariffs may also be brought up as a discussion topic in bilateral negotiations.

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Related Questions

Are you a spender or a saver? Give an example of a situation where you exhibit the behavior of your money personality.

Answers

I am a spender but a wise spender. The situation in which I spent the money in described below.

Who is a saver?

A saver is a person who saves money and does not spend money when it is not necessary and irrelevant. A saver saves money and deposits it in an account where the saver receives interest income.

I purchased a Play Station 4 when it first came out because I enjoy playing games in my leisure time, and so I used to go to nearest arcade game station and play games there which was costly so I spent the money by purchasing a Play Station 4 but I spent it wisely.

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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.

Answers

Answer:

A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOU

What is the specific market failure justification for government spending on: A. Public universities, B. Health care, C. Trash pickup, D. highways, E. Police, F. Solar energy?
Would a purely private economy produce any of these services?

Answers

Public universities: One market failure justification for government spending on public universities is the presence of positive externalities. Education provides benefits not only to the individual student but also to society as a whole, through increased productivity, innovation, and economic growth.

Because these benefits are not fully captured by the individual, they may be underprovided by the market. Government spending on public universities can help correct this market failure by increasing access to education and promoting social and economic benefits. Health care: The market failure justification for government spending on healthcare is based on the existence of information asymmetry and the potential for adverse selection. Consumers may lack the knowledge or ability to assess their own health needs and the quality of available healthcare services. This can lead to market failure, where individuals may not purchase sufficient or appropriate health care services, leading to negative outcomes. Government spending can help correct this market failure by increasing access to healthcare and promoting social welfare.Trash pickup: The market failure justification for government spending on trash pickup is related to negative externalities. Individuals may not consider the full social cost of their waste disposal choices, such as pollution and environmental damage. Government spending can help correct this market failure by providing efficient and cost-effective waste management services that minimize negative externalities.

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how do people progress in a business?​

Answers

Answer:

with the proper leadership skill and hard work

Have a clear plan of what they want to achieve and how they will achieve it with perseverance and hard work

Job satisfaction can be lost for all of the following reasons EXCEPT:
a.
Lack of opportunities for promotion
b.
Bickering with co-workers
c.
Being recognized for a job well done
d.
Having little or no say in decisions that affect you

Answers

Answer:

Being recognized for a job well done

Explanation:

a service provided by -e-government that requires access to the Internet is _____.

A. RFID tags

B. E-tax returns

C. Radio programming

D. CCTV (Closed circuit TV)

Answers

Answer:

B. E-tax returns

Explanation:

E-tax returns is the electronic filing of tax returns via the internet.  It entails online submission of pre-approved tax return forms available on the tax authority's website.

In recent years, governments have put measures to facilitate e-returns. It has simplified the process making it popular among taxpayers. Electronic tax filing has have contributed to having a high number of citizens registering as taxpayers.

Next week, Super Discount Airlines has a flight from New York to Los Angeles that will be booked to capacity. The airline knows from past history that an average of 35 customers (with a standard deviation of 24) cancel their reservation or do not show for the flight. Revenue from a ticket on the flight is $134. If the flight is overbooked, the airline has a policy of getting the customer on the next available flight and giving the person a free round-trip ticket on a future flight. The cost of this free round-trip ticket averages $263. Super Discount considers the cost of flying the plane from New York to Los Angeles a sunk cost.

Answers

Answer:

25 seats

Explanation:

Calculation to determine By how many seats should Super Discount overbook the fight

First step is to calculate the Critical ratio=

Using this formula

Critical ratio=Cu/Cu+Co

Where,

Cu represent cost of underetimating the demand =$134

Co represent the cost of overestimating the demand $263

Let plug in the formula

Critical ratio=$134/$134+$263

Critical ratio=$134/397

Critical ratio=0.3375

Second step is to find the z-score that yields a p-value of 0.3375 using excel's normsinv() function which gives us -0.4193.

Now let determine how many seats should Super Discount overbook the fight

Numbers of seats to overbook the fight=35+ (-0.4193 x 24)

Numbers of seats to overbook the fight= 35 - 10.0632

Numbers of seats to overbook the fight = 24.9368

Numbers of seats to overbook the fight = 25

(Approximately)

Therefore the numbers of seats that super discount airlines should overbook the flight is 25 seats.

Next week, Super Discount Airlines has a flight from New York to Los Angeles that will be booked to capacity. The airline expects that an average of 35 customers will cancel or not show for the flight, with a standard deviation of 24.

Since the revenue for each ticket is $134, the airline has a policy of overbooking the flight and giving a free round-trip ticket on a future flight to customers who do not make it on the flight. The cost of this free round-trip ticket averages $263. Since the airline has already accounted for the cost of flying the plane from New York to Los Angeles, they consider it a sunk cost.

According to the given problem, Super Discount Airlines has a flight from New York to Los Angeles next week, which will be booked to capacity. From past history, the airline knows that an average of 35 customers cancel their reservation or do not show for the flight, with a standard deviation of 24.

The revenue from a ticket on the flight is $134, and if the flight is overbooked, the airline has a policy of getting the customer on the next available flight and giving the person a free round-trip ticket on a future flight. The cost of this free round-trip ticket averages $263. Super Discount considers the cost of flying the plane from New York to Los Angeles a sunk cost.The overbooking formula of the airline is:P = Z(α)σ + μ - CWhere, P = Probability of overbookingZ(α) = Z value of α = αth percentileσ = Standard deviation of cancellations per flightμ = Mean cancellations per flightC = Capacity of the plane

The Z(α) value for 95% α is 1.64Substituting the values in the above equation, we get:P = 1.64 x 24 + 35 - 160P = 87.36The probability of overbooking the flight is 87.36%.The expected revenue from the flight, considering that there would be no cancellations or no-shows, is:P = 160 x $134 = $21,440The expected revenue from the flight after taking into consideration the probability of overbooking can be calculated as:P = 0.8736 x 160 x $134 + (1 - 0.8736) x (160 - 160 x 0.8736) x $134 - $263P = $20,616The expected revenue from the flight after taking into account the probability of overbooking is $20,616.

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if a country calculates its real gdp using the year 2012 as its base year, the value of its real gdp will be _____ its nominal gdp as long as prices have risen since 2012.

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if a country calculates its real GDP using the year 2012 as its base year, the value of its real GDP will be lower than its nominal gdp as long as prices have risen since 2012.

How to complete the statement

The statement above is true because real GDP is adjusted for inflation and reflects changes in the quantity of goods and services produced, whereas nominal GDP only reflects changes in the overall value of goods and services produced, without accounting for changes in the price level.

To calculate real GDP, the nominal GDP is adjusted for inflation using a price index, such as the consumer price index (CPI) or the GDP deflator.

If prices have risen since the base year of 2012, the price index will be higher than 100, indicating that the same amount of goods and services produced in 2012 would cost more in current prices.

As a result, when the nominal GDP is divided by the price index, the resulting real GDP will be lower than the nominal GDP, reflecting the fact that the same amount of goods and services produced in 2012 would have a lower value in current prices.

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"the biggest disagreement in the penny debate is the issue of rounding. without pennies, what happens to prices that end in 1, 2, 3, 4, 6, 7, 8, or 9?

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Without pennies, prices that end in 1, 2, 3, 4, 6, 7, 8, or 9 would be rounded to the nearest nickel.

When rounding without pennies, the general rule is to round down if the digit to be dropped is less than 5 and round up if it is 5 or greater. For instance, if an item costs $1.21, it would be rounded down to $1.20. Similarly, a price of $1.24 would also be rounded down to $1.20. On the other hand, a price of $1.25 would be rounded up to $1.30.

Rounding to the nearest nickel simplifies transactions and brings efficiency to the payment process. It eliminates the need for counting and handling pennies, which are often considered a nuisance. However, critics argue that rounding can lead to price inflation over time. While individual transactions may only involve a few cents, the cumulative effect on a large scale can result in higher costs for consumers.

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what type of planning is completed by middle managers? A. producing a code of ethics B. management pledging C. writing a belief statement D. tactical planning E. developing a goals pact

Answers

Tactical planning type of planning is completed by middle managers. Option D is correct.

Tactical planning is the process of breaking down a long-term strategic plan into smaller, more specific short-term plans. When a company or team has long-term goals that exceed two or three years, they usually utilize this sort of strategy. For example, if a corporation wants to make a bid, it will have to employ methods such as promotions, cheaper pricing, and personalized offers to accomplish its aim. That would be a one-time strategy that would not affect the corporation if the bid was not secured.

Strategic plans have an impact on the creation of tactical plans. A tactical plan responds to the question, "How do we achieve our strategic goal?" It describes steps to attain short-term objectives, usually within a year.

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Bellandro Brewery recently became certified as an ISO 14001 company. Which of the following criteria would decision makers evaluate for this award?

Answers

Answer:

environmental improvement plans at the brewery

Explanation:

The person being interviewed is known as:

A. potential employee
B. employee
C. job applicant
D. interviewee

Answers

Answer:

D

Explanation:

There is a growing movement in the United States led by the progressive wing of the Democratic Party to have the federal minimum wage raised to $15/hr. Some people agree with the $15/hr minimum wage for the United States, while others oppose raising the minimum wage. The arguments against raising the minimum wage range from the government should not dictate salaries to it will cause low wage workers to lose their jobs since businesses cannot afford a $15/hr minimum wage.

Do you agree with a $15/hr federal minimum wage? The current federal minimum wage in the United States is $7.25/hr. Fully explain your position on this issue in 2 - 3 paragraphs.

Source: Surviving an Unlivable Wage l Full Documentary (Financial Literacy)

Answers

In my opinion, minimum wage should be increased because an increase in minimum wage would reduce poverty, increase consumer spending, and promote economic growth.

Why Should Minimum Wage be Increased?

Minimum wage has not kept pace with inflation, and that the current federal minimum wage of $7.25/hr is not a living wage in most parts of the United States. A $15/hr minimum wage would provide a more realistic living wage for many low-wage workers, but there is disagreement on whether this should be achieved through federal legislation or through individual state action.

Ultimately, whether or not to raise the minimum wage is a complex issue that involves balancing the needs of workers, businesses, and the overall economy. It is important for policymakers to carefully consider the potential impacts of any minimum wage increase and to find ways to support low-wage workers without unduly burdening businesses.

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recently, the government made adjustments to how gdp is calculated that included placing software purchases into the category of group of answer choices inventory and now software purchases are not directly counted as part of gdp. investment and now directly counts software purchases as part of gdp. net exports of goods and services because most software is written abroad. net operating surplus. intermediate goods because software is not a final good.

Answers

The government adjusted how GDP is calculated, by moving software purchases from being directly counted as part of GDP to being part of the B. investment and now directly counts software purchases as part of gdp. This is because software is not a final good and most software is written abroad.

This means that software purchases are now directly counted as part of GDP, instead of being categorized as inventory or intermediate goods. This change reflects the growing importance of software in the economy and the need to accurately measure its contribution to GDP. By including software purchases in the category of investment, the government is able to better capture the true value of software in the economy and provide a more accurate measure of GDP.

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in job order costing using a single rate based on direct labor hours to assing overhead may lead to inaccurate cost assigments

share your perspective about this statement

Answers

The statement suggests that using a single rate based on direct labor hours to assign overhead in job order costing can result in inaccurate cost assignments. This raises concerns about the reliability of cost data and the potential impact on decision-making and financial performance analysis.

The use of a single rate based on direct labor hours for assigning overhead in job order costing may lead to inaccurate cost assignments for several reasons. Firstly, not all overhead costs are directly proportional to direct labor hours. Certain overhead expenses, such as machine maintenance or facility rent, may have little or no correlation with labor hours. Using a single rate fails to account for these variations, resulting in distorted cost allocations.

Secondly, relying solely on direct labor hours as a cost driver ignores other factors that influence overhead costs. Factors like machine usage, complexity of the product, or materials consumed can also impact overhead expenses. Failing to consider these factors in the overhead allocation process can lead to inaccurate cost estimations and distorted product costs.

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differences between departmental stores and chain stores ​

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Answer:

Chain stores and department stores are two distinct ideas. Department stores have a long history of providing a wide range of products for retail sale, whereas chain shops are retail establishments with the same name and management in numerous locations. Contrary to popular belief, not all department shops are part of a chain. There are numerous chains that aren't thought of as department stores, including eateries and speciality shops. One of the most well-known chained department shops is Macy's, located on Herald Square in New York City.

A department store is often a sizable retail space that provides a wide range of products divided into distinct sections. Retail establishments that are part of a chain share a brand and centralised management. They frequently include standardised corporate procedures.

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The ________ function allows for multiple criteria in multiple ranges to be evaluated and counted.

Answers

The COUNTIF function enables the evaluation and counting of many criteria across various ranges. Use the COUNTIF function if you want to use numerous criteria at one time. The COUNTIF function has the following syntax: =COUNTIF (range, criteria).

The range specifies which cells must be counted, and the criterion control specifies which cell values must be counted and which must not. Using Excel's COUNTIF function to count using the AND condition is quite simple. For counting cells with two or more criteria, use the COUNTIFS function.

For purposes of partial matching, the COUNTIF function's criteria can also incorporate a variety of logical operators and wildcards. Excel's COUNTIF function does not allow the use of arrays and always requires a range of cells.

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PLZ HELP. Classify the customer buying motive as rational or emotional.
Mark buys a particular brand of frozen food because it is economical for him.
O rational
O emotional

Answers

Answer:

rational

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Buying motive refers to the considerations, urge, emotions or influences that creates the impulse in consumers (customers) to buy a particular good, so as to satisfy their desire or needs.

This ultimately implies that, behind every purchase made by a consumer, there's a consideration, urge or feeling to satisfy that desire or needs l, this is generally referred to as buying motive.

In Economics, buying motives are classified into five (5) main categories and these include;

I. Acquired and Inherent buying motives.

II. Conscious and Dormant buying motives.

III. Physical, Psychological and Sociological buying motives.

IV. Primary and Selective buying motives.

V. Rational and Emotional buying motives.

A rational buying motive is typically based on the consumer's logical and economical consideration of a product in terms of price, durability, need, quality, etc. Thus, it involves a careful consideration of a product rather than feelings as in emotional buying motive.

In this scenario, Mark buys a particular brand of frozen food because it is economical for him. Thus, the buying motive would be classified as rational.

how can a business meet customer needs​

Answers

Bring in new products or services, introduce deals and sales, help local charities

g juliana purchased land three years ago for $100,900. she made a gift of the land to tom, her brother, in the current year, when the fair market value was $141,260. no federal gift tax is paid on the transfer. tom subsequently sells the property for $127,134. a. tom's basis in the land is $fill in the blank 1 and he has a realized of $fill in the blank 3 on the sale. b. assume, instead, that the land has a fair market value of $90,810 on the date of the gift, and that tom sold the land for $86,270. tom's basis in the land is $fill in the blank 4 and he has a realized of $fill in the blank 6 on the sale.

Answers

Required realized gain is $26,234 and required realized loss is $14,630.

a. Tom's basis in the land is the same as Juliana's basis, which is $100,900. When Tom sells the land for $127,134, he has a realized gain of $26,234 ($127,134 - $100,900).

b. In this scenario, since the fair market value of the land on the date of the gift was lower than Juliana's purchase price, Tom's basis in the land would be the same as Juliana's basis, which is $100,900.

When Tom sells the land for $86,270, he has a realized loss of $14,630 ($86,270 - $100,900).

It's important to note that although no federal gift tax was paid on the transfer of the land, Tom may be subject to capital gains tax on the sale depending on the length of time he held the property before selling it and his overall tax situation.

Additionally, there may be state or local taxes that apply to the sale of the property. It's always a good idea to consult with a tax professional for specific advice regarding your personal tax situation.

So, Required realized gain is $26,234 and required realized loss is $14,630.

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Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position? O A. O B. O C. O D. high school diploma associate degree in performing arts bachelor's degree in art history doctorate in computer sciences​

Answers

The best education for Matt to attain the position of curator at a large national museum is an Option C. bachelor's degree in art history.

A curator is a person who is in charge of the collection and display of artifacts in a museum. Curators are responsible for organizing exhibits, acquiring new collections, and keeping the existing ones in good shape, among other duties. The work of a curator demands a high degree of knowledge of the materials they handle, in addition to organizational skills and the ability to engage with the public.

Curators must typically hold a bachelor's degree in a field related to the collection they oversee. Art history, anthropology, or archaeology are popular majors for curators. Additionally, they should have experience in their particular field of expertise. Furthermore, many museums will require their curators to have a Master's degree or Ph.D. in their field or a related one. These degrees are obtained in specialized postgraduate degree programs, and they demonstrate a deeper understanding of the subject matter and a commitment to the field.

The education for Matt to attain this position would be a bachelor's degree in art history. Art history is the study of visual art throughout history. It is an academic discipline that combines cultural and historical perspectives to examine and understand visual art. In this field, you will learn about artists and their works, styles and movements, and the cultural contexts that surrounded them. This knowledge is critical to the work of curating art collections, and it will enable Matt to be efficient in his job. Therefore, the correct option is C.

The question was incomplete, Find the full content below:

Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position?

A. high school diploma

B. associate degree in performing arts

C. bachelor's degree in art history

D. doctorate in computer sciences​

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PLEASE HELP ME!! please, please,, please explain how you got it, thank you

PLEASE HELP ME!! please, please,, please explain how you got it, thank you

Answers

Answer:

I think the second one.

1/10 cookies per pizza

prepare a double entry ledger entries January 3 took out of the cash till$50 and put into the business by cheque Jan 4 the proprietor put a further$5000 in to business by cheque .please I need it quick ​

Answers

Explanation:

In the first entry, $50 is taken out of the cash till and put into the business as drawings. The effect is a decrease in the cash balance and an increase in the drawings account.

In the second entry, the proprietor puts a further $5000 into the business by cheque. The effect is an increase in the capital account and an increase in the bank balance.

It's important to note that "Drawings" and "Capital" are the accounts used to record the personal transactions of the business owner in this case, it is assumed that the business is a proprietorship. Other forms of business may have different accounts to record the personal transactions of the owne

May i have the answer for this im not quite sure

May i have the answer for this im not quite sure

Answers

Answer:

styd7tiho8ts7rt8di8yoy8s8t7rs8s88tdtzt


Which of the following is a term for physical goods that are bought and
sold?

Answers

what are the terms?

1) Inflation represents the rate of increase of the average price of goods. If inflation decreases from 10% to 5%, does the average price of goods decrease? Explain.

Answers

No, the average price of goods does not decrease when inflation decreases from 10% to 5%.

Inflation represents the rate of increase in the average price of goods and services over time. When inflation decreases, it means that the rate of price increase has slowed down, but it does not imply a decrease in the average price itself. Even with a lower inflation rate, prices can still continue to rise, albeit at a slower pace.

The percentage of inflation indicates the extent of price increase compared to the previous period. If the inflation rate decreases from 10% to 5%, it means that prices are still increasing but at a slower rate. For example, if an item was priced at $100 at the beginning of the year, with a 10% inflation rate, its price would increase to $110. However, with a 5% inflation rate, the price would increase to $105. While the rate of increase has decreased, the average price of goods has not decreased.

Therefore, it is important to differentiate between a decrease in the inflation rate (a decrease in the rate of price increase) and an actual decrease in the average price of goods, which would indicate deflation.  

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paid Rs 1,00,000 to so Mrs Shakya as an advance to purchase office furniture.


It's journal voucher.....​

Answers

Answer:

Dr. BE Mrs shakya, advance for furniture and fixtures

Cr. NRB

Which of these is described as an investment in a financial market? (1 point)
O 30 shares of Tesla stock
O A famous painting bought from a gallery
O Money in a high-interest bank account
O A Super Bowl ticket that you resell for a profit

Answers

Based on financial market concept analysis and the available options, the option that is described as an investment in a financial market is 30 shares of Tesla stock.

What is Financial Market?

Financial Market is a business term that is used to describe the type of market in which people trade financial securities and derivatives at low transaction costs.

Generally, the term financial market involves the trading of the securities such as stocks and bonds, raw materials, and precious metals, which are known in the financial markets as commodities.

Therefore, in this case, 30 shares of Tesla stock is an example of investment in a financial market.

Functions of the financial market.Transfer of Savings and Alternatives for Investment. Acting as a link between the savers and the investors. Establishes the Price. Facilitates Liquidity.Reduced Cost of Transaction

Hence, in this case, it is concluded that the correct answer is option A. 30 shares of Tesla stock.

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which of the following physical security methods provides the ability to secure a company's assets and document any individuals physical time of entry?

Answers

Card access is one of the physical security measures that may be used to protect a business's assets and keep track of who entered the building physically when.

What is ability to work?

If a tasks were reasonable and the working environment is appropriate, having work capacity in the first sense refers to possessing the standard regarding, the health necessary again for skill, as well as the occupational virtues necessary for handling the tasks.

What is ability and example?

the capacity, ability, or skill required to perform a task: There is no questioning her competence. (plus to infinitive) She was able to communicate things succinctly & clearly. She is a strong woman with several skills.

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Price of Video Game Quantity Supplied

of Video Games Quantity Demanded

of Video Games
$50
0
500
$75
50
325
$100
200
200
$150
250
100
$200
400
0
In the supply-and-demand schedule shown above, at the equilibrium price, the quantity supplied is _____ and the quantity demanded is _____.

0, 500
200, 200
400, 0

Answers

The equilibrium price in the supply-and-demand schedule indicated above is $100.

For $100, the amount of video games delivered and the quantity of video games sought are equal to 200 = 200.

The equilibrium price is equal to the number of goods that sellers are willing and able to sell (200 - 200 = 0).

What does the term "equilibrium pricing level" mean?

An equilibrium price, also known as a market-clearing price, is the consumer cost given to a product or service at a point where supply and demand are equal or nearly equal. The producer or seller can sell as many units as they want, and the buyer can buy as many as they want. In economics, the equilibrium price is found by squaring the supply and demand functions and solving for the price. The point at where the supply and demand curves cross is known as the equilibrium point. The point indicates the best price and quantity. It is computed by solving equations for the quantities sought and provided (a - bP = x + yP).

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