True or false: when a country is too small to affect the world price, allowing free trade will never increase total surplus in that country, regardless of whether it imports or exports as a result of international trade.

Answers

Answer 1

The answer to this question is False.

Free trade is an international trade (import and export) that has no restrictions and tariffs. Free trade has the following benefits it will increase exports, free trade will increase competition in the market, it can reduce tariffs, it can help a country make use of surplus raw materials, and it will increase economic welfare.  

Answer 2

Answer:

false

Explanation:

took the test


Related Questions

Omaha steaks sending e-mail coupons for items that customers have purchased previously and mailing slick pictures of gourmet steaks and meal packages to addresses that have received orders in the past is an example of

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The answer to this question is Direct Marketing. A Direct Marketing is a type or form of advertising / marketing of a product or service where the companies or businesses sent marketing materials or infomation directly to their prospective clients / consumers. Example of direct marketing is thru sending of emails, letters, catalogues, text messaging, and sending of fliers.

Indra nooyi, ceo and chairman of pepsico is considered the most powerful woman on fortune's 50 most powerful women's list, uses the strategy "performance with purpose" to guide pepsico. an example of a program consistent with their strategy is pepsico's "pepsi challenge" which provides consumers with the opportunity to come up with creative solutions that "refresh the world". in this situation, nooyi is an example of someone who uses:

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In this situation, Nooyi is an example of someone who uses SOCIAL POWER. Power refers to the ability to directly influence or control the behavior of others. A person or business is consider to have social power if he is been copied for his knowledge, skills, information etc, because of his expertise in a particular area and because he was able to achieve his set goals. 

Processing a new employee's employment-related paperwork, acquiring necessary keys and identification cards, and establishing an e-mail account for them is part of

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The answer to this question is a part of Employee onboarding and orientation. An Employee onboarding is the process where a new employee will be welcomed in the company and will inform the new employee of the culture of the company, rules and regulations, and the new hired employee will also receives his or her identification cards, and other related paper works with regards the persons tasks. Also in the employee onboarding, the benefits of the employee are also being discussed to ensure that the new hired employee will know what are his benefits and perks.  Employee Onboarding may take at least 3 days depending on the program schedule that the human resource officer had made. 

If the supply curve for a rare piece of art is vertical that means that as price increases, quantity ________________ will _______________.

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If the supply curve for a rare piece of art is vertical that means that as price increases, quantity ______supplied,__________ will ____not change.___________.

Analyse the effect of the current drought in South Africa on the following: economic impact.

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The economic impact of the drought in South Africa are:

There was a reduction in the gross domestic product. This is because agriculture is a major contributor to gross domestic product.It lead to an increase in the level of unemployment. This is because a large population are employed in the agricultural industry.

What is a drought?

A drought is when there is a shortage of water supply in a particular region. This water supply can be from the atmosphere, surface or the ground.

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Assuming a company has been gathering ideas for new products, what is the next step in the development process?

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The next step is BUSINESS ANALYSIS. Development process refers to the stages which a new product passes through during its life span. Development process are generally divided into six stages which are: planning, analysis, design, development and implementation, testing and development and maintenance. The business analysis stage is the phase where the cost implications of the product will be analysed.

When you buy an operating system for your personal computer, you are actually buying a software?

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Yes!

Sources: Commonsense

He ________ helps design programs and systems to find new sources of knowledge or to make better use of existing knowledge in organizational and management processes.

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The answer to this question is "CKO or the Chief Knowledge Officer". He, the CKO, helps the design programs and systems to find and discover new sources of knowledge or to make and produce better use of existing knowledge in the organizational and management processes. He is also the person assigned and responsible for firm's knowledge management program.

Walgreens customers can sign up for the balance rewards program, entering a member number or using a member card every time they make a walgreens purchase in order to receive discounts and build up points that can be redeemed for rewards. information that walgreens collects through these purchases is best described as ________.

Answers

It is best describe as the Scanner Data. It is a nitty gritty information on offers of shopper merchandise got by "filtering" the standardized identifications for singular items at electronic purposes of offer in retail outlets. The information can give a point by point data about amounts, qualities, and estimations of products sold and in addition their costs.
Final answer:

Walgreens collects 'transactional data' through its Balance Rewards program, which includes the purchasing details of its customers such as the items bought, purchase times and frequency. This data helps in offering personalized discounts and analyzing shopping behaviors, similar to how EBT cards work for food purchases with certain benefits.

Explanation:

The information that Walgreens collects through its Balance Rewards program is best described as "transactional data." Customers who sign up for this program and use their member number or card at the time of purchase allow Walgreens to track their buying habits. This transactional data is valuable for Walgreens as it can be used for targeted marketing and improving customer service. It includes details such as what items were bought, when they were bought, and how often certain items are purchased.

Walgreens uses this data not only to provide discounts and points to the customers but also to analyze shopping patterns and preferences. The accumulation of points can lead to rewards that customers can redeem, and these benefits can be likened to how Electronic Benefit Transfer (EBT) cards allow for the purchase of eligible food items at participating stores. Both systems provide value to the user through a structured rewards system.

In michigan what is the youngest age you can legally operate a boat powered by a motor or more than 35 hp if

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you need education if you were born after June 30, 1996, and will be operating a vessel in Michigan. Most PWC operators also need education.There is no minimum age requirement

When noticing a suspicious vehicle on your property?

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I'd call the non-emergency police number and ask them to drive by and see what was up when they had a free minute

One of the advantages of having a savings account is that the money can be used for emergency purposes, whereas money in bonds, CDs, or investments may not be readily available.

TRUE OR FALSE

Answers

TRUE. Hope this helps!

Answer:

TRUE  is the correct answer.

Explanation:

One of the advantages of having a savings account is that the money can be used for emergency purposes, whereas money in bonds, CDs, or investments may not be readily available is true.

When you require your money at the emergency condition in case of CD, investments and bonds you may get less cash  than you have invested or you need to pay penalty for the early withdrawal whereas in case of saving account you can withdraw your money at emergency condition without any loss or without any penalty.

Savings accounts are the safest way to save money and to earn interest in the cash deposited.

Advantages of saving account

In saving accounts your deposited money is safe and it also gives interest.In saving accounts, money can be kept safe and the money can be used at the time of requirement or emergency.Saving account can be open at very little cash.

 

As part of the strategic planning? process, step 4 includes conducting a? ________, which evaluates a? firm's business mix and assesses the potential of an? organization's strategic business units.

a. situation analysis

b. bcg growthdash–market share matrix

c. product development strategy

d. swot analysis

e. portfolio analysis

Answers

answer= e. portfolio analysis
The correct answer is E

In a ________ computing model, companies use their own infrastructure for essential computing tasks and adopt public cloud computing for less critical operations or additional processing during peak business periods.

Answers

The answer to this problem is the "HYBRID CLOUD". Hence when in a Hybrid Cloud computing model, companies use their own infrastructure for essential computing tasks and adopt public and shared cloud computing for less critical and less important operations or additional processing during and within peak business periods and time.

If a society decides to produce consumer goods from its available resources, it is answering the basic economic question, nextreset

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The society would ask "What product are you selling?". The society already knows its for everybody around to make as much money as they can.  
the basic economic question that answered by this is: What to produce?

What to produce is a basic economic question that arise to determine the best possible option for producing goods that will be the best for a country based on the resources that it has.
for example, if you're living in tropical areas, the production goods that will bring you the most benefit would be the agricultural products

Hope is desperate for the new designer purse that she saw while window shopping at her local mall. she knew every girl in school would covet her bag and wish to be like her. when she walked in, she whipped out her credit card, and purchased the $5,000 bag. this kind of purchasing is called: question 50 options: 1) conspicuous consumption 2) popular consumerism 3) designer consumerism 4) credit card consumerism

Answers

The answer is number 1, conspicuous consumption. It is the acquisition of goods or services for the particular purpose of displaying one's wealth. Conspicuous consumption is a means to display one's social status, especially when the goods and services publicly displayed are too expensive for other members of a person's class. This kind of consumption is characteristically associated with the wealthy but can also relate to any economic class. The concept of consumerism stems from conspicuous consumption.

In two to three paragraphs, summarize below what you learned about shopping for tires.

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I learned that when shopping for tires, it's good to keep an open mind and go with what you can afford, and get the best quality your dollar amount can purchase. It's best to go to several places that sell tires and get quotes on the tires, and if you can get the same tires for less, go with those. Hope this helped :) 
Final answer:

Shopping for tires goes beyond brand or size consideration. Knowing the physics behind tire pressure, which changes with temperature, is essential for purchasing optimal tires for specific temperature conditions.

Explanation:

Shopping for tires entails considering the tire’s pressure, which varies depending on changes in temperature. When tire shopping, it is important to first identify what you know and need to know. For instance, knowing the current temperature and the temperature at which the tires perform optimally will aid in determining the correct tire pressure. Utilizing an equation can provide precise answers. In essence, understanding the physics behind tire pressure helps make informed decisions when shopping for tires, as the tire pressure significantly impacts the tire’s performance and safety.

In summary, tire shopping goes beyond just opting for a trusted brand or the correct tire size. It also involves understanding the fundamentals of tire pressure, which is influenced by temperature changes. This knowledge is crucial in identifying the right tires that perform optimally under specific temperature conditions.

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Which term most closely matches the description: an expression of the risk associated with a hazard that combines its severity and probability into a single arabic numeral which can be used to help determine hazard abatement priorities?

Answers

I would say a risk assessment rating would combine the severity and probability of a hazard occurring which if carefully thought out would allow an observer to know what amount of abatement would be necessary to alleviate the risk of the hazard creating physical damage say to production equipment or injuring someone.

You place $4,00.00 in a bank account with an interest rate of 5.25% APR and another $2,000.00 in account with an interest rate of 6.00% APR.After 6months which account will have earned the most interest?

Answers

Final answer:

The account with the $ 4,000 deposit and 5.25% APR will have earned more interest over six months than the account with the $ 2,000 deposit and 6.00% APR.

Explanation:

The amount of interest earned on an account is determined by the amount deposited and the Annual Percentage Rate (APR). Interest can be calculated with the formula:

Interest = Principle x Rate x Time.

In this case, for your $4000.00 deposit at a 5.25% APR account the interest for six months would be

$4000 x 5.25/100 x 0.5 (0.5)because it is only for half a year) which gives $105.

Meanwhile, for your $2000.00 deposit at 6.00% APR, the six months' interest would be: $2000 x 6.0/100 x 0.5 which is $60. So, the account with the $4000 deposit and an APR of 5.25% will have earned more interest over six months.

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Do you think a person should be fired if it is found that he or she helped employees cheat their company out of overtime once in a while?

Answers

Yes I think there would be grounds for firing if an employee helped his fellow employees cheat on overtime. Relations between the employee and the company should be based on a fair day's work for a fair day's pay and pay should only be based on the hours actually worked. If there is any dispute over pay or time off for overtime it needs to be discussed openly with the employee's supervisor.

If you were an engineer of an actual roller coaster, what information would you need to know in order to ensure that your coaster would be safe?

Answers

Answer:

If you were an engineer of an actual roller coaster, in order to ensure that your coaster would be safe you need to learn Newton's law of motion and method of application.

Final answer:

To ensure the safety of a roller coaster as an engineer, you need to know the mass of the coaster, velocity and acceleration limits, forces acting on the coaster, and track design and materials.

Explanation:

As an engineer of a roller coaster, you would need to know several pieces of information to ensure the safety of the coaster:

Mass of the Roller Coaster: Knowing the mass of the coaster is important for understanding its kinetic energy and how it will move along the track.Velocity and Acceleration: You need to calculate the maximum velocity and acceleration of the coaster to ensure it is within safe limits for riders.Forces: Understanding the forces acting on the coaster, such as gravity, friction, and centripetal force, will help you design the track and ensure the coaster stays on it.Track Design and Materials: You need to consider the design and materials of the track to ensure it can withstand the forces exerted by the coaster and provide a smooth and safe ride for riders.

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How does government regulate natural monopolies?
A. Ensuring and overseeing one supplier
B. Rationing consumption per supplier
C. Setting Price controls for multiple suppliers
D. Subsidizing suppliers during surplus

Answers

I believe the correct answer would be option A. The government regulate natural monopolies by ensuring and overseeing one supplier. A natural monopoly would happen when a largest manufacturer of a certain industry would have a very big gap as compared to other competitors. These industries are being regulated so as to minimize monopolization and to maintain the competitive equality between industries. Monopolies are mainly being governed by antitrust laws on a national level and on an international level. The ways that the government is regulating are establishing average cost pricing, price ceiling, Rate of return regulations and taxation laws.

Answer:

The correct answer is A, "ensuring and overseeing one supplier."

Explanation:

I got 100% on the test. I hope this helps!

In the seven step military problem solving process you have identified the problem. what is the next step?

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The next step is Gather information. The objective is to have high caliber, satisfactory choices made in battle and preparing circumstances. The Military Problem Solving Process enables pioneers to confront complex issues in circumstances where data may be restricted. 
While creating conceivable arrangements amid the Military Problem Solving Process, the pioneers will precisely record every conceivable arrangement and compress the Solution in composing and outlines.

A plant asset with a cost of $360,000 and accumulated depreciation of $342,000 is sold for $42,000. what is the amount of the gain or loss on disposal of the plant asset?

Answers

A cost of a plant asset = $360,000
Accumulated depreciation = $342,000
$360,000 - $342,000 = $18,000
The new asset`s book value is $18,000. It is sold for $42,000.
$42,000 - $18,000 = $24,000
Answer: The amount of the gain is $24,000.

Assume a company pays out $100 in dividends in year 1. dividends increase by 10% a year for 4 years and thereafter stay constant. what is the total amount of dividends paid out (rounded to the nearest $1) during years 1-10?

Answers

Dividends increased by 10% (0.1) in the first 4 years.
Therefore

Dividends paid in year 1 = $100.00
Dividends paid in year 2 = $100*1.1 = $110.00
Diividends paid in year 3 = $110*1.1 = $121.00
Dividends paid in year 4 = $121*1.1 = $133.10
Dividends paid in year 5 = $133.1*1.1 = $146.41

For the next years 5 - 10, dividends remained constant.
Dividends paid in years 6 - 10 = $146.41*5 = $732.05

Total dividends paid in years 1-10 is
100 + 110 + 121 + 133.10 + 146.41 + 732.05 = $1,342.56

Answer: Total dividends paid in years 1-10 = $1,343 (nearest dollar)

The use of an organization's operational data as the source data for a bi system is not usually recommended because it ________.

Answers

The use of an organization's operational data as the source data for a bi system is not usually recommended because it requires considerable processing and can drastically reduce system performance.
BI system is business intelligence system. To making the better business decision is the purpose of Business Intelligence system. there are many business intelligence tools to make it successful. 

An investment-banking firm underwrites a new issue of stocks and bonds by:

Answers

An investment banking firm underwrites a new issue of stocks and bonds by BUYING THE ENTIRE STOCK OR BOND ISSUE A COMPANY WANTS TO SELL AT AN AGREED DISCOUNT. Investment banking firms used the method to generate income for themselves, they buy at discounted price and then sell the bonds to other investors at full price.

The answer is: Buying the entire bond or stock issue a company wants to sell at an agreed discount

Underwriting refers to a process when bank is raising capital from the investors on behalf of the companies who own the shares.

in order to gain profit from this, the bank need to buy the entire bond or stock at a discount during initial offering.

When the bank sell the bonds/stocks at the full price, the difference between selling price and the discounted purchase would be the profit that the bank acquire.

Chad's boss demoted him when he did not meet his sales goal for the month. this action indicates the use of

Answers

The answer to this question is that Chad’s indicates the use of punishment. Punishment is a rough treatment to an individual because of a particular behavior that is unacceptable. In this situation, Chad was demoted because he did not reach his quota. The demotion of Chad was the form of punishment given by his boss.   

"what type of internet monitoring technique records information about a customer during a web surfing session, such as what websites were visited and how long the visit was, or what ads were viewed and what was purchased?"

Answers

the type of internet monitoring technique that being mentioned above is: Clickstream
In clickstream, we create, analyze, and created an aggregate data about the websites that the customer visits.By doing this, we could formulate visitors' behavioral pattern and create perfect ads to target that pattern

In order to come within the scope of the truth in lending act, a loan must be in the amount of ______ unless it is secured by a mortgage on real estate.

Answers

A loan must be in the amount of $25,000 or less unless it is secured by a mortgage on real estate in order to come within the scope of the Truth-in-Lending Act,

 

To add, the Truth in Lending Act (TILA) of 1968 is United States federal law designed to promote the informed use of consumer credit.

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