The efficiency case made for free trade is that as trade distortions are eliminated A. efficiency losses for producers and consumers will decrease, hence increasing national economic welfare B. tariff revenue will decrease, and therefore national economic welfare will increase C. efficiency losses for producers and consumers will decrease, hence decreasing national economic welfare D. tariff revenue will decrease, and therefore national economic welfare will decrease

Answers

Answer 1

The efficiency case made for free trade is that as trade distortions are eliminated, efficiency losses for producers and consumers will decrease, hence increasing national economic welfare. This means that option A is correct.

Eliminating trade distortions such as tariffs and quotas allows for more efficient allocation of resources, which ultimately benefits both producers and consumers. The increase in national economic welfare is a result of increased competition, innovation, and specialization, leading to lower prices, increased productivity, and economic growth. Option B, C, and D are incorrect because they do not accurately reflect the benefits of free trade.
Efficiency losses for producers and consumers will decrease, hence increasing national economic welfare. This is because free trade allows for more efficient allocation of resources, specialization, and overall higher levels of economic welfare.

Therefore, option A is correct.

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Related Questions

I WILL GIVE BRAINLIEST! HELP ME PLEASE FOR BRAINLIEST!
In both your personal and professional life, you have to maintain contact information. From your mom’s phone number to the email address for your doctor’s office, these important bits of information have to be kept and maintained in a way that makes them easy to access. What is the best method for maintaining contact information? How do you currently maintain contact information for your contacts? Could you use a better method?
NO LINKS!

Answers

Answer:

i dont think they deleted it

Explanation:

At the beginning of the current period, Windsor. Inc. had balances in Accounts Receivable of $188,000 and in Allowance for Doubtful Accounts of $8,460. During the period, it had net credit sales of $752,000 and collections of $717,220. It wrote off as uncollectible accounts receivable of $6,862. Uncollectible accounts are estimated to total $23,500 at the end of the period. (Omit recording cost of goods sold.) Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. (Enter negative amounts using either a negative sign preceding the number e.g. −45 or parentheses e.g. (45).) Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts

Answers

At the beginning of the current period, Windsor. Inc. had balances in Accounts Receivable of $188,000 and in Allowance for Doubtful Accounts of $8,460.

During the period, it had net credit sales of $752,000 and collections of $717,220. It wrote off as uncollectible accounts receivable of $6,862. Uncollectible accounts are estimated to total $23,500 at the end of the period. (Omit recording cost of goods sold.) Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts.

(Enter negative amounts using either a negative sign preceding the number e.g. −45 or parentheses e.g. (45).) Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts

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Which deduction generally makes up the largest portion of income subtracted from an employee?
A) taxes
B) unemployment
C) health benefits
D) 401K retirement​

Answers

a taxes i’m pretty sure

Answer:

it's taxes

EXPLANATION:

You receive a 4-year $15,000 negative amortization loan with an interest rate of 11% p.a., to be repaid in four annual installments. The loan requires that you make total payments of $300 at t= 1, $100 at t=2, and $400 at t=3, with the remaining loan balance paid at maturity. What is the total payment amount at t = 4, rounded to the nearest dollar?

Answers

The total payment amount at t=4 for the 4-year $15,000 negative amortization loan with an interest rate of 11% p.a. is $19,634.

You have a 4-year $15,000 negative amortization loan with an interest rate of 11% p.a. You are required to make payments of $300 at t=1, $100 at t=2, and $400 at t=3, with the remaining balance paid at maturity. We'll calculate the total payment amount at t=4, rounded to the nearest dollar.

Step 1: Calculate the interest accrued each year.
Interest = Principal × Interest rate

Step 2: Calculate the loan balance after each payment.

Year 1:
Interest accrued: 15,000 × 0.11 = $1,650
New balance: 15,000 + 1,650 - 300 = $16,350

Year 2:
Interest accrued: 16,350 × 0.11 = $1,798.50
New balance: 16,350 + 1,798.50 - 100 = $18,048.50

Year 3:
Interest accrued: 18,048.50 × 0.11 = $1,985.34
New balance: 18,048.50 + 1,985.34 - 400 = $19,633.84

Step 3: Calculate the total payment at t=4.
In this case, the total payment amount at t=4 is the remaining loan balance, which is $19,633.84, rounded to the nearest dollar.

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Which inventory measure is best for a company to maximize? group of answer choices inventory turns years of supply safety stock work-in-process inventory.

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Inventory turns years of supply safety stock work-in-process inventory.

Inventory refers to all the objects, goods, merchandise, and substances held by means of a business for promoting inside the marketplace to earn earnings.

Instance: If a newspaper vendor makes use of an automobile to supply newspapers to the clients, most effective the newspaper can be taken into consideration in inventory.

The styles of inventory control are raw substances, Works-In-system, upkeep, repair, and Operations or MRO, and completed goods.

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FIRST ANSWER WILL BE NAMED BRAINLIEST
Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit

Answers

Answer:

It is letter B

Explanation:

Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.

What is the budget?

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.

Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.

Therefore, option B is the correct option.

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The reliability of an effective performance appraisal system comes from:
a. insuring the appropriate dimensions of performance are appraised.
b. insuring that the dimensions of performance that are measured are constructed in a validway.
c. insuring that evaluations from multiple sources and at different times are captured over thecourse of the evaluation period.
d. insuring that when evaluations are conducted employees clearly understand whatdimensions are being evaluated

Answers

The reliability of an effective performance appraisal system comes from insuring that evaluations from multiple sources and at different times are captured over the course of the evaluation period. The correct answer is option C.


A reliable performance appraisal system should incorporate evaluations from various sources, such as supervisors, peers, subordinates, and self-assessments, to ensure a comprehensive understanding of the employee's performance.

Additionally, evaluations should be conducted at different times throughout the evaluation period to capture any changes or improvements in the employee's performance. This approach ensures a more accurate and consistent assessment of an employee's performance, contributing to the overall reliability of the performance appraisal system.

Therefore, option C is the suitable answer.

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Of every 500,000 jobs in the U.S., the approximate number of those through international firms are _____.

Answers

Answer:

90,000

Explanation:

Customer relationship management is the use of information about customers to create marketing strategies that develop and sustain desirable customer relationships. true or false

Answers

Answer:

the answer for this question is true

Presented below are two independent situations.
Situation A: Bridgeport Co, reports revenues of $202,000 and operating expenses of $112,000 in its first year of operations, 2020. Accounts receivable and accounts payable at year end were $71,500 and $28,800, respectively. Assume that the accounts payable related to operating expenses. (Ignore income taxes.) Using the direct method, compute net cash provided (used) by operating activities. (Show amounts that decrease cash flow with either asign eg. −15,000 or in parenthesis e.g. (15,000).) Net cash by operating activities $
Situation B: The income statement for Indigo Traveler Company shows cost of goods sold $312.900 and operating expenses (exclusive of depreciation) $227,000. The comparative balance sheet for the year shows that inventory increased $25,900, prepaid expenses decreased $8,000, accounts payable (related to merchandise) decreased $16,800, and accrued expenses payable increased $11,000.
Compute (a) cash payments to suppliers and (b) cash payments for operating expenses.
(a) Cash payments to suppliers $
(b) Cash payments for operating expenses $

Answers

Situation A: the net cash provided (used) by operating activities for Situation A is -$93,500.

Situation B: (a) The cash payments to suppliers for Situation B are $296,100.

(b) The cash payments for operating expenses for Situation B are $216,000.

Situation A: Bridgeport Co

To compute net cash provided (used) by operating activities using the direct method, we need to analyze the changes in accounts receivable and accounts payable, and adjust the revenues and expenses accordingly.

Net cash provided (used) by operating activities = Cash received from customers - Cash paid to suppliers - Cash paid for operating expenses

Given data:

Revenues: $202,000

Operating expenses: $112,000

Accounts receivable: $71,500

Accounts payable: $28,800

Step 1: Calculate cash received from customers

Cash received from customers = Revenues - Decrease in accounts receivable

Cash received from customers = $202,000 - ($71,500 - $0) = $130,500

Step 2: Calculate cash paid to suppliers

Cash paid to suppliers = Operating expenses + Increase in accounts payable

Cash paid to suppliers = $112,000 + ($28,800 - $0) = $140,800

Step 3: Calculate cash paid for operating expenses

Cash paid for operating expenses = Operating expenses - Increase in accounts payable

Cash paid for operating expenses = $112,000 - ($28,800 - $0) = $83,200

Now we can calculate the net cash provided (used) by operating activities:

Net cash provided (used) by operating activities = Cash received from customers - Cash paid to suppliers - Cash paid for operating expenses

Net cash provided (used) by operating activities = $130,500 - $140,800 - $83,200 = (-$93,500)

Therefore, the net cash provided (used) by operating activities for Situation A is -$93,500.

Situation B: Indigo Traveler Company

(a) Cash payments to suppliers:

Cash payments to suppliers = Cost of goods sold + Increase in accounts payable

Cash payments to suppliers = $312,900 + ($0 - $16,800) = $296,100

(b) Cash payments for operating expenses:

Cash payments for operating expenses = Operating expenses - Increase in accrued expenses payable

Cash payments for operating expenses = $227,000 - ($11,000 - $0) = $216,000

Therefore:

(a) The cash payments to suppliers for Situation B are $296,100.

(b) The cash payments for operating expenses for Situation B are $216,000.

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Can someone just help me writing the EXECUTIVE SUMMARY, I will give you 50 points. I swear. Please helppppppppppppppppppppp.

Answers

No u won’t u gave 5 points so stop

Why is the core inflation rate calculated separately from the inflation rate?.

Answers

Answer:

To better show long term effects on inflation

Hope it helps you

Explanation:

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Ethical standards in business are principles or codes for how a business conducts itself with ___, customers, and the public.

A. Other businesses
B.Employees
C.the government
D.charity organizations

Answers

Answer:

B. Employees

Explanation:

The correct answer is B)Employee’s hope this helps.

Congratulation! You just won $10 million in the lottery. But instead of squandering your newfound wealth on luxury goods and a life of ease, you've decided to stay in town and be a financial friend to your neighbors, who are hardworking but never seem to have enough money to fix up their homes or buy decent cars. The best way, you decide, is to start a bank that will make home and car loans at attractive rates. On the day that you open your doors, the reserve requirement set by the Federal Reserve System is 10 percent. What's the maximum amount of money you can lend to residents of the town? What if the Fed raises the reserve requirement to 12 percent? Then how much could you lend? In changing the reserve requirement from 10 percent to 12 percent, what's the Fed trying to do -- curb inflation or lessen the likelihood of recession? Explain how the Fed's action will contribute to this goal.

Answers

Answer:

Distinguish among different types of financial institutions.

Explanation:

What effect do communication skills have on ability to pursue

Answers

Answer:

you. dummy joking I. don't know

What are 2 laws in the UK that promote good ethical practice in an organisation?

Answers

Answer:i think its uhh carrot

Explanation:

Which of the following statements concerning service guarantees is FALSE? A service guarantee is a mechanism to build customer loyalty. A service guarantee is a way to avoid compensating customers for a service failure. A service guarantee is a tool to clarify exactly what the service must provide. A service guarantee is a way to define a service and ensure satisfactory delivery to the customer.

Answers

Answer:

A service guarantee is a way to avoid compensating customers for a service failure.

Explanation:

What ancient people used hieroglyphics to record important economic, administrative, and royal information? question 8 options: egyptians sumerians israelites persians

Answers

The ancient people used hieroglyphics to record important economic, administrative, and royal information is Egyptians.

Egyptian Hieroglyphics was the formal writing system used to write the Egyptian language in ancient Egypt. Hieroglyphs are about 1,000 different characters that combine elements of logos, syllables, and the alphabet. Italic hieroglyphs were used in religious literature on papyrus and wood.

The word hieroglyph literally means sacred carving. The Egyptians initially used hieroglyphs only for inscriptions carved or painted on the walls of temples. This form of the paintbrush was also used on tombs, papyrus sheets, stucco-covered wooden boards, pottery fragments, and limestone fragments.

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Please help will mark brainliest
Macroeconomics deals with *

1. bits and pieces of the economy
2. the question of how a business unit should operate profitably
3. the working of the entire economy
4. how individuals make decisions

Answers

Answer:

how individuals make decisions

Explanation:

which statement best explains the relationship between points A and B?

which statement best explains the relationship between points A and B?

Answers

It’s b because u can tell it is

points strictly for jayteedxn

Answers

Oh I am really sorry......1 chance is left anyways.... ;)

Follow me ♡

Answer:

Got it

Explanation:

Journal entry for paid telephone rent for the year by Cheque Rs. 500.​

Answers

Answer:

telephone rent A/c. Dr. Rs.500

To bank A/c. Rs.500

(being telephone rent paid )

The journal entry of the payment of telephone expenses is that the telephone expenses account is debited to record the expense incurred. The bank account is credited to record the payment made by cheque.

Here is the journal entry for paid telephone rent for the year by Cheque:

The journal entry to record the payment of telephone expenses by cheque is as follows:

Date           Account Titles and Explanation                Debit             Credit

--------------------------------------------------------------------------------

2023-07-18    Telephone expenses                               $500

                                                 Bank                                                    $500

(To record the payment of telephone expenses by cheque.)

The telephone expenses account is a nominal account, which means that it is used to record expenses. The bank account is a real account, which means that it is used to record assets. The debit and credit entries are equal in amount, which means that the accounting equation is balanced. The journal entry is dated July 18, 2023, which is the date on which the payment was made. The explanation for the entry provides a brief description of the transaction.

In summary, the journal entry records the payment of telephone expenses by cheque. The telephone expenses account is debited to record the expense incurred. The bank account is credited to record the payment made by cheque. The debit and credit entries are equal in amount, which means that the accounting equation is balanced.

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A local government implemented a tax of $2 for each Uber pickup at the airport.
As a result, consumers pay $2 more for an Uber from the airport. What do we know about the Uber market? answer in relation with microeconomics concepts

Answers

Answer:

The implementation of the $2 tax for each Uber pickup at the airport leads to an increase in the price of the service, which results in a decrease in the demand for Uber at the airport. This is an example of how government policies, specifically taxes, can affect market outcomes in microeconomics. In this case, the tax creates a negative externality for Uber users who are forced to pay more for the same service, resulting in a decrease in the quantity demanded of the service.

hope this helps...

A card issued by a bank that allows users to finance
a purchase.
Credit card
Debit card

Answers

Answer: Credit Card

Explanation:

Debit cards allow you to spend money by drawing on funds you’ve deposited at the bank.

Credit cards allow you to borrow money from the card issuer up to a certain limit in order to buy items or withdraw cash.

I hope this helps!

during which step of the strategic sourcing process would an organization perform supplier assessments?

Answers

An organization would typically perform supplier assessments during the supplier evaluation and selection step of the strategic sourcing process.

The organization evaluates potential suppliers based on their skills, performance, quality, and other pertinent characteristics as part of the strategic sourcing process. In this stage, the organization seeks possible suppliers who can satisfy its needs and specifications and assesses them using standards like price, quality, dependability, and responsiveness.

In order to obtain information about possible suppliers and assess their suitability to satisfy the organization's demands, supplier evaluations are a crucial step in this process. Site inspections, a study of supplier performance statistics, key staff interviews, and other techniques of evaluating supplier capabilities may be used to accomplish this.

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Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security

Answers

A. It hopes to reduce the amount of money available for lending.

Explanation:

Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.

If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.

Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.

The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.

Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the  security reach a stage of maturity.

The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.

Therefore, this process are put in place to balance the economy.

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Item C
BMR plc

BMR plc knocks down unwanted buildings and prepares the land for construction when a site is being redeveloped for a new use. The company recently started to salvage, recycle and sell building materials that can be used in other construction projects.
Many of its demolition jobs take several months to complete and BMR plc can wait for over a year before it is paid. BMR plc receives the money from its sale of salvaged building material within 2 months.
Demolition businesses often deal with dangerous and heavy materials that need to be disposed of well away from the building site. The demolition industry has received a lot of criticism in recent years for damaging the environment. Some demolition businesses have even tried to reduce costs by operating in ways that put site workers and the public at risk. BMR plc wants to be known as an ethical business and has set itself the objective of operating in an environmentally friendly way.

Extract from BMR plc’s statement of financial position (balance sheet):



All figures are in millions of pounds (£m).
Current ratio = Current assets/Current liabilities.
The current ratio at the end of 2015 was 1.25.

Unit 2 - May 2017

BMR plc has said that it wants to be known as an ethical business and one thing it has done is to set an environmental objective. Explain whether you believe that this is a sensible thing for BMR plc to do. Use Item C to support your answer.
[9 marks]

PLEASE HELPP I DONT GET THISSS

Answers

I think it has to be A

Duties performed by warehouse case study class 11

Answers

The duties performed by a warehouse include receiving, storing, and distributing goods and materials efficiently and safely.

What are the primary responsibilities of a warehouse?

A warehouse plays a crucial role in the supply chain management of businesses. Its main responsibilities revolve around receiving, storing, and distributing goods and materials.

Upon receiving shipments, warehouse staff inspect the contents for quality and accuracy verifying that the delivered items match the corresponding documentation. They then organize and store the goods in designated locations within the warehouse ensuring efficient use of space

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Employers must provide a stairway or ladder if the elevation between two surfaces on a site is.

Answers

Employers are required to provide a stairway or ladder at all worker points of access if there is an elevation change of 19 inches (48 cm) or more and no ramp, runway, embankment, or personnel hoist is provided.

What are the elevated work surfaces OSHA regulations?

The final rule codifies OSHA's guidance for companies using RDS for elevated work. Employers are not allowed to utilize RDS over 300 feet above grade unless they can show that doing so would be impractical or provide a greater risk than utilizing another system.

OSHA, how tall may a platform be without a step?

Now that we are clear on how OSHA defines a platform and that any exposed side or edge that is four feet or higher than a lower level need fall protection to prevent employees from falling, let's talk about guardrail specifications for work platforms.

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What is the gross income for a real estate agent in 2021?

Answers

Answer:

It depends on where you live and your experience level, but in the US a real estate agent can make approximately $82,898 a year, while you can expect to be paid around 15 to 30 thousand a year, within the first few years.

I hope this helps :)

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I need help yall im not good at math lol The function array_sum below computes a sum of an array. Please write a version that uses multiple threads to compute the sum in parallel. (Hint: use pthread_create and pthread_join in the pthread library)double array_sum(double *arr, int len) {double sum = 0;for(int i=0; isum += arr[i];return sum;} The number of toys in the closet varies inversely with the number of children in the room. If there are 15 toys in the closet when there are 3 children in the room, how many toys are in the closet when 5 children are in the room Explain mole concept using any real life example a stock has an expected return of 14.5 percent, the risk-free rate is 5.65 percent, and the market risk premium is 7.2 percent. what must the beta of this stock be? (do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) in infancy, growth spurts may occur in a single day and alternate with long time frames of little or no growth for days and weeks. True/False ? a ""closed"" stratification system is most likely to contain ""statuses"" that are ""achieved"". T/F? What does this line mean, The universe inside is hard to fathom? Explain your thinking. After an enzyme-catalyzed reaction has been completed, the products are released and the ___site of the enzyme returns to its original shape, ready to bind another___molecule calculate the number of moles of hcl present in a 35.67 ml sample of a 0.232 m solution. Find the total surface area of this cuboid 4m 5m 2.5m A childs toy arrow is launched horizontally from a bow at a speed of 8 m/s from a second story window 4 meters above the ground, and the sticks in a pile of sand. A. How far away is the pile of sand?B. What were the horizontal and vertical speeds of the arrow when it hits the sand? C. What angle does the arrow make with the ground when it sticks in the sand? any awnsers will give brainless For the rotation -757, find the coterminal angle from 0 0 < 360, thequadrant, and the reference angle. Hurry up and help.. please hellllllllllp??! true or false? Carnivores include lions, polar bears, hawks, frogs, salmon, and deer.alafood chain BABIES PLEASE HELP MEEEEE Emily drove 328 miles in 8 hours. If she drove at a constant rate, how far did shetravel each hour? A car moves at 45 kilometers per hour.Which option describes if the given value is speed or velocity?1 velocity, because there is no specific direction2 speed, because there is no specific direction3 velocity, because there is a mention of time4 speed, because there is a mention of time