Vietnam is exporting coffee to Japan and importing steel from China. Describe what actions Vietnam would take if they apply these trade policy. What happen with price of steel in Vietnam, price of steel in China and Vietnam's national welfare when Vietnam applies steel export subsidy? Draw a graph showing area of the change in Vietnam's national welfare due to subsidy. 1. Export credit subsidies 2. Import quota 3. Import tariff 4. Export subsidies
Answers
When Vietnam applies trade policies such as exporting coffee to Japan and importing steel from China, the actions taken would vary depending on the specific policy implemented. Let's examine the scenario where Vietnam applies an export subsidy for steel:
Export Credit Subsidies: If Vietnam applies export credit subsidies for its steel exports, it would provide financial incentives or assistance to steel exporters. This could involve offering lower interest rates on export loans, guaranteeing export credits, or providing direct financial support to steel exporters. The purpose is to make Vietnamese steel more competitive in the global market and stimulate its exports.
Regarding the impact on prices, the steel price in Vietnam could potentially decrease due to increased competitiveness resulting from the subsidy. On the other hand, the steel price in China may face downward pressure due to increased competition from Vietnam's subsidized steel exports. However, it's important to note that the exact price changes would depend on various factors such as market dynamics, demand, and supply conditions.
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Related Questions
What has characterizes the economic strategy of most countries in the developing world since the late twentieth century?
Answers
The economic strategy of most countries in the developing world since the late twentieth century has been characterized by:
1. Liberalization: This refers to the removal of barriers to trade and investment, allowing for greater economic freedom and increased competition. Governments in developing countries have pursued liberalization by reducing tariffs, quotas, and other trade barriers, as well as deregulating industries and privatizing state-owned enterprises.
2. Globalization: Developing countries have actively participated in global trade, investment, and finance to boost their economies. They have embraced international markets, established export-oriented industries, and sought foreign direct investment to promote economic growth and development.
3. Market-oriented reforms: Many developing countries have transitioned from centrally planned economies to market-oriented systems. They have implemented reforms, such as price liberalization, fiscal discipline, and monetary stability, to promote a more efficient and competitive market environment.
4. Focus on human capital development: Recognizing the importance of skilled labor, governments have invested in education, healthcare, and training to improve their workforce's productivity and competitiveness.
5. Sustainable development: Developing countries have increasingly incorporated environmental concerns into their economic strategies. They have adopted sustainable development policies and practices to ensure that economic growth does not come at the expense of environmental quality and natural resources.
Overall, the economic strategy of most developing countries since the late twentieth century has been characterized by liberalization, globalization, market-oriented reforms, human capital development, and sustainable development.
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Why is technology important?Explain.
Answers
Switzerland is much smaller than the united states but its population density is much greater. Although switzerland’s gdp is much smaller than the united states’ gdp, its _______ is slightly higher.
Answers
Switzerland is much smaller than the united states but its population density is much greater. Although Switzerland's GDP is much smaller than the united states' GDP, its GDP per capita is slightly higher.
A country's Gross Domestic Product (GDP) per capita is calculated by dividing the GDP by the entire population. The table that follows ranks all of the nations in the world according to nominal GDP per capita and GDP at purchasing power parity (PPP) per capita. Therefore, a higher GDP per capita is frequently associated with excellent outcomes in a wide variety of areas, such as better fitness, more education, or even more lifestyle satisfaction. United States of America. The United States of America is a North American country and the strongest naval and economic power in the region. Likewise, its cultural influence is felt around the globe, mostly because to the popular culture that is reflected in music, movies, and television.
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what organization creates national standards for foodservice equipment?
Answers
The EPA organization forms national standards for foodservice equipment.
Give a brief account on foodservice equipment?Catering equipment refers to all tools and equipment such as utensils, crockery and cutlery used in the preparation, cooking, storage, serving and cleaning of food and beverages. They are available in several modes such as manual, semi-automatic and fully automatic.
Keep things running smoothly by servicing your equipment regularly. Critical equipment problems can occur if routine maintenance is overlooked or neglected. As equipment wears out over time without maintenance, the quality of the products being manufactured can deteriorate. Essential Restaurant Equipment Guide:
Oven.Range and ventilation.Food processor.MixerSlicer Food prep counter and cutting board.Freezer and refrigerator.Safety device.To know more about foodservice equipment, visit:
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When an economist points out that you and millions of other people are interdependent, she is referring to the fact that we all.
Answers
Based on the provided information, she is referring to the fact that we all rely upon one another for the goods and services we all consume.
Who is an economist?An economist can be regarded as an expert that focuses on international business as well as politics and financial activities of an organization or a nation.
An economist usually point out that we all rely upon one another for the goods and services we all consume and this makes an economy.
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Which is a business owned and operated by a single individual?
Answers
Sole proprietorship is a business owned and operated by a single individual.
A sole proprietorship may operate under the owner's name or under a fictitious name, although laws regarding the use of fictitious names vary by state.
The use of fictitious names does not create a separate entity from the business owner. Sole proprietorships are popular due to ease of entry. When an individual starts a sole proprietorship, they own and control all aspects of the business.
Even if you hire employees, you are still personally responsible for full legal responsibility, which is a characteristic of sole proprietorships that distinguishes them from other forms of business.
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10% Yearly ones AED the ually exe av pe adapts The rate of of Artis A and CPN NA 100.000 35,000 70,000 122.500 14.500 44.000 het Lie Years Based on rate of return analysis, the most economic alternative, if any, is O Memative because the incremental rate of rham between Ave Aand Alomave (13% O Merabve A because the incremental rate of return behanon Ahmalive A arst Aomalive (A 0) 17% O Alternative C because the incremental rate of return between Alternative 8 and Alemative C 55.9% O Do Nothing because the rate of return of Alternative A is less than the MARR
Answers
The incremental rate of return between Alternative B and Alternative C is 38.9%, which is higher than the MARR of 15%, making Alternative C the most economically viable option based on the IRR. Alternative C is thus the greatest option for the business.
Option (c), According to the given information, the decision criteria should be based on the Incremental Rate of Return (IRR). I have tabulated the initial investment, yearly cash inflow, and total net cash flow of each alternative.
The IRR of Alternative A is 14%, and the IRR of Alternative B is 17%. The IRR of Alternative C is 55.9%. The decision criteria based on the IRR is to accept the alternative with the highest IRR, as long as the IRR is greater than the minimum acceptable rate of return (MARR).Hence, the most economic alternative is O Alternative C because the incremental rate of return between Alternative B and Alternative C is 38.9%, which is greater than the MARR of 15%.
Based on the information given, the decision criteria for selecting an economic alternative should be based on the Incremental Rate of Return (IRR). The IRR is the discount rate at which the net present value (NPV) of the cash inflows equals the initial investment. The decision criteria based on the IRR is to accept the alternative with the highest IRR, as long as the IRR is greater than the minimum acceptable rate of return (MARR). The MARR is the minimum rate of return that the company requires to undertake a project. The MARR is determined based on the risk and opportunity cost of the project.
The initial investment, yearly cash inflow, and total net cash flow of each alternative are tabulated below:
Alternative A 100,000
Alternative B 35,000
Alternative C 70,000
Initial investment (AED)
Yearly cash inflow (AED)12,5004,40014,500
Total net cash flow (AED)112,50039,40084,500
IRR (%)14%17%55.9%
Based on the IRR, the most economic alternative is O Alternative C because the incremental rate of return between Alternative B and Alternative C is 38.9%, which is greater than the MARR of 15%. Therefore, Alternative C is the best choice for the company.
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2.which of the following statements best describes a keynesian approach to economics? a)aggregate demand is the most important driving force in the economy, but free-markets have no self-balancing mechanisms that lead to full-employment; therefore, government intervention is often necessary to stabilize an economy. b)politics determines economics, the nature of economics is conflictual, and the main actors are nation-states; therefore, the main goal of economic activity is the maximization of national interest. c)individual freedom to pursue interests/wealth in an open market free of government interference with the role of government to primarily protect property rights. d)resources flow from a periphery of poor and underdeveloped countries (global south) to a core of wealthy states (global north) enriching the latter at the expense of the former. poor countries are systemically locked into this unfavorable situation.
Answers
Option a is correct. The main economic driver is aggregate demand, but since free markets lack self-balancing mechanisms that lead to full employment, stabilising an economy frequently requires government intervention.
A macroeconomic theory known as Keynesian economics examines the total amount of spending in the economy and how it affects production, employment, and inflation. In an effort to comprehend the Great Depression, British economist John Maynard Keynes created it in the 1930s.
The fundamental tenet of Keynesian economics is that economic stabilisation may be achieved by government intervention. Keynes' theory was the first to clearly distinguish between the study of individual motivations and economic behaviour from those of broad aggregate variables and conceptions.
Keynes' theory led him to propose higher government spending and lower taxes as a way to boost demand and rescue the world economy from the Great Depression. Later, the term "Keynesian economics" was used to describe the idea that economic performance could be optimised and economic downturns might be avoided.
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PLEASE HELP AND HURRY!!!
Just tell me A B C or D for these 3 questions... Thanks so much
Answers
Answer:
C A D
Explanation:
which state has the highest total amount of transaction value between 20160901 and 20160905?
Answers
The state with the highest total amount of transaction value between 20160901 and 20160905 cannot be determined without additional information.
To determine the state with the highest total amount of transaction value between 20160901 and 20160905, we would need access to transaction data that includes information about the states involved in each transaction and the corresponding transaction values. Without this specific data, we cannot accurately identify the state with the highest total transaction value.
To calculate the total transaction value for each state, we would need to analyze the transactions conducted within the specified time period and aggregate the transaction values associated with each state. However, since we do not have access to such data, it is not possible to make a definitive conclusion regarding which state has the highest total transaction value.
The total transaction value would depend on various factors, including the number of transactions, the nature of the transactions (e.g., retail, wholesale, financial), and the economic activity within each state during the given time period. Without this detailed information, it is not feasible to determine the state with the highest total transaction value between 20160901 and 20160905.
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Consider the division problems I, II and III on the following page. In each problem, determine the divide-and-choose outcome when A is the divider and B is the chooser and A knows B’s preferences. Determine if the outcome is envy-free. B. To see if there is a "divider’s advantage," determine the outcome in each of the problems if B were to be the divider and knows A’s preferences. Compare A’s welfare in both cases. C. Returning to the case in which A is the divider, suppose it only knows its own preferences and not B’s. What would be the outcome in each of the problems? Again, determine if the outcome is envy-free
Answers
In all three division problems, the divide-and-choose outcomes differ based on whether A or B is the divider and knows the other's preferences. The welfare of A also varies depending on who the divider is. However, without knowledge of B's preferences, A's ability to achieve an envy-free outcome is uncertain.
In problem I, if A is the divider and knows B's preferences, A can divide the goods in a way that satisfies B's preferences, resulting in an envy-free outcome. However, if B is the divider and knows A's preferences, B may choose to allocate the goods in a way that benefits B more, potentially leading to an unfair outcome for A.
In problem II, if A is the divider and knows B's preferences, A can again allocate the goods in a way that satisfies B's preferences, ensuring an envy-free outcome. If B is the divider and knows A's preferences, B might choose a division that maximizes their own welfare, potentially resulting in envy on A's part.
In problem III, if A is the divider and knows B's preferences, A can allocate the goods to satisfy B's preferences and achieve an envy-free outcome. Without knowledge of B's preferences, A's ability to determine an envy-free outcome is uncertain, as the division may not align with B's desires.
Comparing A's welfare in both cases, when A is the divider and knows B's preferences, A has the opportunity to ensure an envy-free outcome. However, when B is the divider and knows A's preferences, A's welfare may be compromised as B can prioritize their own preferences.
In conclusion, the outcome of the divide-and-choose problems, as well as the achievement of an envy-free outcome, depend on who is the divider and their knowledge of the other's preferences. Without knowledge of the other party's preferences, achieving an envy-free outcome becomes uncertain.
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Explain how market research is different than marketing.
Answers
Answer:
Although both involve consumers, Marketing research is concerned specifically about marketing processes, such as advertising effectiveness and salesforce effectiveness, while market research is concerned specifically with markets and distribution.
Explanation:
what are some of the products variables that may be considered in product development?
Answers
answer:
Cost. One major factor that affects product design is the cost of production including material costs and labor costs. ...
Ergonomics. The product needs to be user friendly and afford convenience in its function. ...
Materials. ...
Customer Requirements. ...
Company Identity. ...
Aesthetics. ...
Fashion. ...
Culture.
Choose an advertisement that you found to be especially memorable. Describe the
advertisement and explain how effective it is. Discuss the techniques you would have
used to make it more effective.
Answers
Answer:
use the droritos commuecials those were good
Explanation:
who determines whether a good is normal or inferior?
a-individual.
b-sellers
C-government
tions
d-all the above.
Answers
Answer:
A.
Explanation:
Determining whether a good is normal or inferior depends on individuals. When there is a rise in the income of a person and he/she buy more of a good, it shows that good is normal. When there is a rise in a person income and there is a decrease in the demand for goods, then the product is inferior.
Therefore, it is an individual who determines whether a good is normal or inferior. Thus option A is correct.
All companies operate in a broad ______-environment that is made up of six components, including political factors and technological factors. Multiple choice question. micro meso para macro
Answers
Answer:
The word that is underlined, that's the answer; Macro
Explanation:
hope this helps.
Answer:
the answer is macro .
Explanation:
MARK ME AS A BRIANLIESTAn unexpected frost in the orange groves of california would cause:
Answers
Answer:
there would be less oranges so the prices would go higher or there might be no oranges at all. hope that helped
which of the following is a disadvantage of single-rate method? group of answer choices it is very costly to implement. it may lead operating department managers to make sub-optimal decisions that are in their own best interest. it does not signal to department managers how variable costs and fixed costs behave differently. it requires managers to distinguish variable costs from fixed costs, which is often a challenging task.
Answers
The disadvantage of the single-rate method is it is less costly to implement. Thus, option A is correct.
The single-rate method is defined as a technique that uses one product cost rate to estimate the dollars that are assigned from a cost pool. It allocated a rate per cost for both variable and fixed units of costs and does not distinguish between them.
The single-rate method is also known as the single unit predetermined overhead rate that works based on the single cost driver. It can also result in sub-optimal decisions made by the manager of each department in a firm.
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The complete question is:
Which of the following is an advantage of the single-rate method?
A) It is less costly to implement.
B) It classifies costs as fixed and variable costs.
C) It gives signals regarding how variable and fixed costs behave differently.
D) it requires managers to distinguish variable costs from fixed costs, which is often a challenging task.
Please help worth bonus points!
Answers
Answer:
the 4th and 5th one is for france
Explanation:
this is done in france France, it is called french silver service, it's a method of food service at the table, it's known as à l'anglaise (English service)
4=the staff utilizes platters to serve cooked food
5=the last one
1= america, the first one.
2=Russia
3=russia
if I got anything mixed up, pls inform me.
T/F - A taxpayer with over $2,500 of taxable interest or ordinary dividends must attach Schedule B to Form 1040.
Answers
True. A taxpayer with over $2,500 of taxable interest or ordinary dividends must attach Schedule B to Form 1040.
Schedule B is used to report the taxpayer's interest and dividend income, and it is required if the taxpayer's interest and dividend income exceeds $1,500. The purpose of Schedule B is to help the IRS ensure that taxpayers are reporting all of their income accurately and paying the correct amount of taxes. If a taxpayer fails to attach Schedule B when required, they may be subject to penalties and interest on any unpaid taxes.
It is important for taxpayers to carefully review the instructions for Form 1040 and Schedule B to ensure that they are meeting all of their reporting obligations and avoiding any potential penalties or interest charges.
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Which of the following types of research is used infrequently due to cost and time?
Responses
Interviews
Observations
Point-of-sale research
Experiments
Answers
Answer: the last option, experiments
HELP ASAP Many employees quit working for Burger Bliss after six months, and the
company wants to convince employees to stay longer. Which of the following
activities would best help the company retain workers?
O A. The company provides discipline for bad behavior like giving
employees days off.
B. The company recruits college graduates instead of high school
graduates.
C. The company better plans for the number of employees to hire.
D. The company tells employees that their work matters.
Answers
Answer:
D. The company tells employees that their work matters.
Explanation:
Every employer desires to attract and retain the best workers. Employees are more likely to stay in an organization for longer if they feel appreciated. Other than monetary compensation, employees feel motivated to work when their efforts and contributions are recognized.
Burger Bliss should let their employees feel important. They should communicate to employees both in words and actions how much the company values their input.
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
How banking and
advertising services
help in trade?
Answers
Among the efforts, Financial Institutions make to try to enhance customer, reader, and viewer attitudes towards the products they are advertising, the use of advertising plays a major role in their attempts to try to change or strengthen their attitudes.
Hope this helps :)
Under what circumstance would a country have a comparative advantage in
the production of a certain good?
A. It has a lower opportunity cost for production of that good.
B. It has a more highly skilled work force.
C. It has well-developed industrial capacities.
D. It uses an assembly line to produce that good.
Ap3x
Answers
Answer: [A] It has a lower opportunity cost for production of that good.
Explanation: It has a lower opportunity cost for production of that good. Comparative advantage comes when a country gives up less than others to engage in a particular type of production.
Answer:
It has a lower opportunity cost for production of that good.
Explanation:
I want to start my own brand & build a fashion empire. Should I go to a fashion college or to a business school?
Answers
Answer:
Honestly, business would be much better for you. Learning business will give you many more opportunities and learn how to sell your products. Business will help you with marketing, pricing, discounting, and know how to "not get effed over." I believe that would be much better for you THEN go to fashion college.
each point on a ________ curve shows the willingness of consumers to purchase a product at different prices.
Answers
Answer:
demand is the word.
Explanation:
Each point on a demand curve shows: The willingness of consumers to purchase a product at different prices. The consumer surplus received from purchasing a given quantity of a product The economics surplus received from purchasing a given quantity of a product The legally determined maximum price that sellers may charge for a given quantity of product.
Question 20
Isadora was the chief financial officer of Big Band Incorporated (BBI), a publicly traded corporation. She knew that BBI was
about to announce record earnings for the year, a fact not yet made public, so she purchased 1,000 shares of BBI stock before
the earnings were made public. One week later when the earnings were made public, BBI stock increased in value $10 per share
and Isadora immediately sold her newly purchased shares and made $10,000. Isadora has committed
o traditional insider trading
O misappropriation
O no crime, as corporate insiders are encouraged to buy and sell their own stock for profit.
O wrongful disclosure.
Answers
Isadora has committed traditional insider trading, which is illegal and unethical.
Isadora has committed traditional insider trading, which is illegal and unethical. As the chief financial officer of BBI, she had access to non-public information about the company's record earnings and used that information to make a profit by purchasing shares before the earnings were made public. This gave her an unfair advantage over other investors who did not have access to this information. Insider trading is a violation of securities laws and can result in fines, imprisonment, and damage to the reputation of the individual and the company. Therefore, Isadora's actions were not only unethical but also illegal. The option that says "no crime, as corporate insiders are encouraged to buy and sell their own stock for profit" is incorrect as insider trading is strictly prohibited by law, and corporate insiders are required to follow specific rules and regulations when buying or selling their company's stock.
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Which of the following would NOT be a condition associated with monopolistic competition?
Answers
1. What is the amount charged for failing to provide a Social Security number on your tax return?
A. $15.00
B. $50.00
C. $75.00
D. $35.00
Answers
Answer:
B. $50.00
Explanation:
The penalty for failing to supply the Social Security number when submitting tax returns is $50. The penalty may also apply when one fails to provide the SSN in statements or other documents being submitted to the tax agency.