Assume that sweden has a comparative advantage in chocolate and italy has a comparative advantage in wine. Also assume that sweden has an absolute advantage in both chocolate and wine. If these two countries specialize and trade so as to maximize the benefits of specialization and trade, then?.

Answers

Answer 1

If the two countries specialize and trade to maximize the benefits of specialization and trade, then Sweden will produce more chocolate even without trade. correct option is (c).

The spread of movement of goods, services, information, technology and employment across national and cultural borders is called globalization. It refers to the interdependence of countries around the world that is facilitated by free trade from an economic point of view.

Similarly, Italy and Sweden may combine to maximize their profits by exchanging their specialties and products, but at the individual level they would also focus on their niche commodity and at the individual level they would maximize their products, therefore even without trade Sweden will produce chocolate as it has advantage in that and Italy would focus on wine production.

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The question is incomplete. Check below the full question.

Assume that sweden has a comparative advantage in chocolate and italy has a comparative advantage in wine. Also assume that sweden has an absolute advantage in both chocolate and wine. If these two countries specialize and trade so as to maximize the benefits of specialization and trade, then?

A. The two countries combined output of both goods will be lower than it would be in the absence of trade.

B. The two countries will consume less than they would in the absence of trade

C. Sweden will produce more chocolate than it would produce in the absence of trade.

D. Italy would produce less wine than it would produce in the absence of trade.


Related Questions

The law of diminishing returns states that as additional increments of resources ______________, the marginal benefit from those additional increments _______________.

Answers

The law of diminishing returns states that as additional increments of

resources are added, the marginal benefit from those additional

increments will decline eventually.

Explanation:

When the maximum capacity is reached, the point of diminishing returns begins. Any additional unit of production would result in a fall in output or little change at this point.

When we increase one input while maintaining the other production factors constant or fixed, we eventually reach a point where additional additions of this input by one unit would only result in a decrease in output or cause output to fall.

In conclusion, this law states that the marginal benefit of increments eventually decreases as more are added.

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Markets comprised of securities with maturities of one year or less are generally referred to as:_________

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Markets comprised of securities with maturities of one year or less are generally referred to as money markets or capital markets.

What are Money markets?

A part of the economy that offers short-term funding is the money market. Short-term loans are often made on the money market for a year or less.

The money market emerged as a segment of the financial market for assets involved in short-term borrowing, lending, purchasing, and selling with original maturities of one year or less when short-term securities turned into a commodity. Money market trading is wholesale and over the counter.

Most Western nations use a variety of money market products, such as federal funds, short-term mortgage- and asset-backed securities, commercial paper, banker's acceptances, deposits, certificates of deposit, bills of exchange, and treasury bills.

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Network design is a serious tactical concern for operations and supply chain management. true false

Answers

Answer:

true

Explanation:

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What is the most commonly used base item for a common size income statement?
a. net sales
b. total assets
c. stockholders' equity
d. total liabilities

Answers

a common size income statement's total sales or total revenues basic item, which is most frequently utilized.

What Exactly Are Gross Sales?

Gross sales is a measurement of a company's overall revenues that are not adjusted for the expenses incurred in creating those sales. By adding together all sale invoices or associated revenue transactions, the gross sales formula is computed. The operating costs, tax expenses, and other charges that are subtracted to get net sales are not included in the total of the gross sales, though.

Although gross sales can be a useful tool, particularly for retail establishments, they are not the sole indicator of a company's revenue.

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Marketers routinely monitor both consumer income and the index of consumer confidence, due to the importance of understanding _______________.

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Marketers routinely monitor both the income of the customer and the index of consumer confidence due to the importance of understanding customer willingness to buy.

The customer's willingness to buy and the customer buying the goods are very important in the economy. As the goods of the economy are produced only for the customers. So if the customer is not willing to buy then the resources that were used to make the goods get wasted. So this is a very important feature for marketers to understand.

Consumer's income is the income that is in amount that is there in the hands of the customer which he uses to buy the goods he requires. The consumer confidence index is an indication of future developments regarding the consumption of households and saving. This is based on the replies they give regarding their expected financial situation decisions.

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A.+if+the+bond+is+priced+at+$,+the+current+yield+is+8.09%.+(round+to+two+decimal+places.)+the+annual+yield-to-maturity+with+semiannual+compounding+is:_________

Answers

To calculate the semi-annual bond fee, take 2% of the par price of $1,000, or $20, and divide it with the aid of two. The bond, consequently, will pay $10 semiannually. Divide $10 by using $900, and you get a semi-annual bond yield of 1.1%.

Yield to maturity = [Annual Interest + {(FV-Price)/Maturity}] / [(FV+Price)/2]

Annual hobby = Annual hobby Payout by the Bond.

FV = Face price of the Bond.

rate = contemporary marketplace price of the Bond.

adulthood = Time to adulthood i.e. wide variety of years till adulthood of the Bond.

Yield is a determine that suggests the return you get on a bond. The best version of yield is calculated through the following formula yield = coupon amount/fee. when the charge modifications, so do the yield.

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What do actuators define? the information an agent can see it defines the evaluation strategy it defines the world mathematically how the agent can change the world

Answers

An actuator may be a device that produces a motion by converting energy and signals going into the system.

The motion it produces are often either rotary or linear.

Linear actuators, because the name implies, produce linear motion.

Agent evolution strategies that change the world :

The notion of what an agent should do at a moment is generalized to yield a notion of what the agent ought to do over extended periods of time. this needs us to develop the notion of a strategy as a function from moments to actions available at those moments and appropriate notions of strategic dominance. A strategic ought operator is introduced and wont to analyze the debate between actualizes and possibility concerning the ways in which an agent's obligations depend on his or her future actions.

What is the role of an actuators?

An actuator may be a part of a device or machine that helps it to achieve physical movements by converting energy, often electrical, air, or hydraulic, into mechanical force. Simply put, it's the component in any machine that enables movement

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Suppose it costs $50 to roll a pair of dice. you get paid 7 dollars times the sum of the numbers that appear on the dice. what is the expected payoff of the game? is it a fair game?

Answers

Expected Payoff will be 49 and it is not a fair game.

Let X = Payoff on the game

X = Y - 50

where, Y = Gain during the game

Therefore, Expected Payoff = E(X) = E(Y) - 50

E(Y) = ?

E(Y) = ∑yPr {Y=y}

E(Y) = (14 x 1/36) + (21 x 2/36) + (28 x 3/36) + (35 x 4/36) + (42 x 5/36) + (49 x 6/36) + (56 x 5/36) + (63 x 4/36) + (70 x 3/36) + (77 x 2/36) + (84 x 1/36)

= 882/18

= 49

Therefore, Expected Payoff = E(X) = 49 - 50 = (-1)

Expected Value = (-1) < 0

An event's expected value is calculated by dividing its likelihood by the number of times it will occur. By dividing the likelihood of each event by the amount of money earned or lost, you may determine the expected value of money made when expected value problems involve money. Each possible result must have an equal chance of occurring, or the expected value must be zero, for a game to be fair.

Therefore, it clearly states that it's not a fair game.

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Money is invested into an account earning 4.25% interest compounded annually. if the accumulated value after 18 years will be $25,000, approximately how much money is presently in the account? a. $5,875 b. $11,820 c. $19,125 d. $23,960 please select the best answer from the choices provided a b c d

Answers

The principal amount currently in the account is $11820. Hence, b is the correct option.

This is a question of compound interest. The interest on a loan or deposit that is calculated using both the initial principal and the accrued interest from prior periods is known as compound interest.

Rate of interest compounded annually = 4.25%

The time period in years = 18 years

Accumulated value = $25000

The formula for compound interest:

A = P(1 + r/100)^n

where A = total amount after n years

P = principal amount invested

r = rate of interest

n = number of years

Substituting the values in the formula we get:

25000 = P(1 + 4.25/100)^18

25000 = P(1.0425)^18

25000 = P*2.1152

P = 11819.21 or 11820

The principal amount currently in the account is $11820

So, the correct answer is b. $11820

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Answer:

B

Explanation:

Usd 1 = myr 4.05 (malaysian ringgit) usd 1 = jpy 103.78 (japanese yen) what is the exchange rate between the jpy and the myr?

Answers

Exchange rate between the JPY and the MYR = 4.05 / 103.78 = 0.0390

JPY 1 = 0.0390 MYR.

Kuala Lumpur DBS Group Research ranked the Malaysian ringgit as the cheapest currency in a basket of Asian currencies excluding Japan, followed by the Indonesian rupiah and the Chinese yuan. Malaysians travel to Japan now. The current answer is no, but Japan has announced that it plans to open its borders to tourists as early as June 2022.

OANDA's currency converter allows you to see the latest average bid/ask rates for foreign exchange and convert between all major world currencies. OANDA Rates are exchange rates collected from leading market data providers. If the receipt is $5000 and the exchange rate is $1.5000, Euro, then share. You will receive 3333.33 euros. This is because for 1 euro he gets $1.5000.

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The worldwide trend toward fuller and more standardized disclosure rules should ________ the cost of equity capital.

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The worldwide trend toward fuller and more standardized disclosure rules should decrease the cost of equity capital, according to the U.S. school of thought.

What is equity capital?

Equity in the context of finance refers to ownership of assets that may be accompanied by debts or other liabilities. Liabilities are subtracted from asset values to calculate equity for accounting purposes.

Equity share capital, also called share capital, is the money a company raises by selling shares. It is the money that business owners and investors put toward a company's capital and use to grow or expand the operations of their venture.

By offering an investor a piece of your company, you can raise equity capital. You don't have to pay interest on a loan because the investor owns a portion of the company and receives a cut of the profits.

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Given a discount rate of 4.9 percent per year, what is the value at year 5 of a perpetual stream of $3,300 annual payments that begins at year 10?

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The value of a permanent stream of $3,300 monthly payments that starts at year 10 at a discount rate of 4.9 percent per year? The answer to the question is 55618.07.

In order to calculate the value, we must first determine the PMT, which is displayed below:

= Payment ÷ Interest rate

= 3300 ÷ 4.9%

= 67346.9387755

Now the value at year 5 would be

= PMT + [tex](1 + interest rate)^{number of years}[/tex]

= 67346.9387755 ÷ [tex](1 + 4.9)^{5}[/tex]

= 55618.07

What is Annual payment?

The total amount of money you make from a job each year is your annual pay. Typically, this amount is determined per calendar year, which includes the months of January through December. And alternative is for a business to use the financial or fiscal year, which can run from October to September and is used for accounting and tax purposes. Your yearly income will be prorated if you start a job later in the year, which means that it will be lowered in proportion to the months that you actually worked.A corporation will pay you a yearly wage in exchange for the work you complete throughout the year.

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When one material weakness is present at the end of the year, management of a public company must conclude that internal control over financial reporting is:__________

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When one material weakness is present at the end of the year, management of a public company must conclude that internal control over financial reporting is ineffective.

What happens when a company has a material weakness?

Material weaknesses can unfavourably influence a company's reputation and, hence, its value. A company's stock cost may drop as a few investors regard the company as a risky investment. Depending on the result of the weakness, the company may use expansive sums to cover legal and extra outside auditing expenses.

A material weakness may be a lack, or a combination of deficiencies, in internal control over financial detailing, such that there's a sensible plausibility that a material error of the company's yearly or between times financial statements will not be anticipated or identified on a timely premise.

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With fixed costs of $200, a firm has average total costs of $5 and average variable costs of $3. its output is:_____.
a. need more information
b. 40 units.
c. 100 units.
d. 66.67 units.

Answers

The Output is 100 units

How do you find the average total cost from variable and fixed costs?

The formula for calculating average total cost is:

(Total fixed costs + total variable costs) / number of units produced = average total cost.

(Total fixed costs + total variable costs)

New cost - old cost = change in cost.

New quantity - old quantity = change in quantity.

The average total cost is the per-unit cost of the number of products that are made. This information is integral for making any decisions regarding product pricing. The product must be priced above the average total cost for the company to be profitable.

The average total costs include both fixed and variable costs.

Fixed costs are expenses that are necessary for production but which don't change based on the number of products the company is producing.

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An eight-year corporate bond has a 7 percent coupon rate. what should be the bond's price if the required return is 6 percent and the bond pays interest semiannually?

Answers

An eight-year corporate bond has a 7 percent coupon rate. the bond's price if the required return is 6 percent and the bond pays interest semiannually is $1,062.81.

Company bonds are bonds issued with the aid of companies to elevate price range for numerous reasons together with B. For ongoing commercial enterprise, M&A, or business expansion. This time period is generally used for long-term bonds with a maturity of at the least 12 months.

Bonds are debt contraptions like Iou. traders who purchase company bonds lend cash to the businesses that difficulty them. In go back, the company legally concurs to pay interest at the foremost and, in most instances, has the same opinion to pay off the primary at maturity or adulthood of the bond. Yields on corporate bonds are almost constantly better, even for corporations with better credit rankings, because corporate bonds are taken into consideration riskier than authorities bonds.

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It is not important to determine who is a taxpayer’s dependent because taxpayers are not allowed to claim a deduction for dependents. True or false?.

Answers

This statement is false.

Who are Taxpayer’s Dependents?A person who lives with the taxpayer and is a tax dependent can be their child, spouse, parent, or even an unrelated acquaintance. A taxpayer may use dependents as an exemption to lower the amount of taxes that must be paid. Each one will reduce the amount of income that the taxpayer will be required to pay taxes on. The Internal Revenue Service refers to this as a dependent exemption.

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If the yield to maturity on a bond increases, what will happen to the bond's capital gains yield?

Answers

When the yield to maturity on a bond increases, the price of the bond decreases. The profit made on the sale of an asset whose value has improved throughout the holding term is known as capital gain.

What is meant by Bond?

A bond is a sort of security used in finance where the issuer owes the holder a debt and is required, depending on the terms, to repay the principal and interest on the bond at the maturity date. In exchange for regular interest payments, a bondholder loans money to a business or the government for a predetermined length of time. When the bond matures, the bond's issuer pays the investor their money back.

The profit made on the sale of an asset whose value has improved throughout the holding term is known as capital gain in economics. A car, a business, or tangible or intangible property like shares are all examples of assets. The fact that long-term capital gains are subject to reduced capital gains tax rates is one advantage of these gains. Holding assets for a longer time period is thus one of the strategies to lower the tax that is due.

Hence, When the yield to maturity on a bond increases, the price of the bond decreases.

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In a process with rework, we find the bottleneck as the resource with the highest implied utilization. True or false?.

Answers

In a process with rework, we find the bottleneck as the resource with the highest implied utilization.

The given statement is True

What is bottleneck process?

Products are usually produced through a lot of processes in a factory, but takes a lot of time and cost to plan the capacities for all processes. Bottleneck process refers to the process where products that require focused plans and controls are manufactured, and includes the processes requiring the machine/equipment whose quantity is limited, mold tool, and special skills. It makes the control more effective than across-the-board control to intensively control these processes by setting them as bottleneck process.

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Corporate strategy, business unit strategies, innovative thinking, and technology innovations are all _____.

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A corporate strategy, business unit strategies, innovative thinking, and technology innovations are all the main drivers that set the organizational strategy and determine the future IT investment.

What is an organizational strategy?

In a business, this kind of strategy are often a long-term plan that allocates how a company plans to use its resources to support business activities. An organizational strategy serves as a guidance for how a company can achieve its objectives; firm also use these strategies to help them meet their goals and develop strategic plan

In conclusion, the corporate strategy, business unit strategies, innovative thinking, and technology innovations are all the main drivers that set the organizational strategy and determine the future IT investment.

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You wish to buy a $20,000 car. the dealer offers you a 6-year loan with an 8 percent apr. what are the monthly payments?

Answers

To buy a $20,000 car. the dealer offers you a 6-year loan with an 8 percent apr.

$72.88 are the monthly payments.

Given Amount = $20000

Months or time = 72 months

Rate of Interest = 8%

EMI = [P x R x (1+R)^N]/[(1+R)^N-1]

EMI = 20000* 0.0066667 * (1.0066667)^72)/ (1.006667)^72 -1

EMI = 133.334 * 1.6135/1.6135-1

EMI = 133.334 * 16135/0.6135

EMI = 350.66

So monthly payments are = $350.66

If I pay Interest only than payment would be = 350.66 - (20000/72) = 350.66 - 277.77 = $72.88.

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and is generally required to pay interest on that debt until the debt is repaid as well as the principal amount borrowed.

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What if dohini manufacturing wants to estimate purchasing cost for the coming year and expects 5,340 purchase orders? what will estimated total purchasing cost be?

Answers

Total Purchasing Costs for the next Month: $14,580 + $8.81 * 420 + $20.37 * 45 = $14,580

Total Purchasing Costs for the following month are $14,580 plus $3,700.20 plus $916.65.

Total Purchasing Costs for the following month: $19,196.85

Cost Equation: A cost equation is a mathematical formula that a company can use to calculate the expenses associated with producing and selling a certain quantity of goods. Depending on the volume of sales, both fixed and variable expenses are typically included in the formula.

The financial value of the goods and services that producers and consumers purchase is commonly understood to be cost. The assessment of the substitute opportunities forgone in choosing one good or pursuit over another, according to the fundamental economic discernment, is the cost price.

The opportunity cost is a common term used to describe such a basic expense. Customers with steady incomes (fixed incomes) do not consider the opportunity cost of purchasing a new household item, such as the cost of a trip.

Cost pricing often correlates the value of inputs used in production with the level of output. Total cost price, or TC price, is defined as the sum of all expenses incurred to produce a specific level of output.

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A decrease in the price of ice cream is likely to cause a(n) _____ in the demand for ice cream cones, due to a change in _____.

Answers

When the price of ice cream rises, so does the demand for ice cream cones.

Explanation:

Ice cream prices are said to have risen:

Price increases are inversely proportional to demand.

As a result, as the price of ice cream rises, so does the demand for it.

This is due to the fact that people prefer to eat or consume more items that are less expensive. Things with higher prices, on the other hand, are consumed less.

As a result, as the price of ice cream rises, so does the demand for ice cream cones.

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Why does increased productivity of cawhy does increased productivity of capital shift the demand for loanable funds?pital shift the demand for loanable funds?

Answers

free tkay    free tkay

Sho needs to purchase a dress shirt for an upcoming job interview. He shops at kohl’s and sees that he can choose from different brands, including apt. 9, chaps, arrow, croft & barrow, and many more. The dress shirts come in a variety of colors, materials, and price points. Which type of competitor structure is illustrated?.

Answers

What type of competitor structure is illustrated is Monopolistic Competition.

Monopolistic competition market can be defined as one of imperfect competition market. This monopolistic competition market theory was deliberately developed because of dissatisfaction with the analysis of the perfect market competition model or the monopoly market.

However, if viewed from a monopolistic market structure, a monopolistic market is closer to a perfectly competitive market, but companies will participate more in that market to produce a product that is different and also has its own characteristics compared to other products.

This competitive market is one type of market with many consumers who produce different commodities and can also be referred to as a market where there are many sellers who offer one type of goods with many different products in terms of quality, shape, and also the size of the product.

In this competitive market, every consumer who buys a product will feel the difference in the characteristics of each product produced by a company with products produced by other companies.

The existence of these differences will reflect the actual differences between the products they will consume or just differences in consumer perceptions that the various products produced by various companies operating in the market are indeed very different.

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E. if the debit column total of the trial balance is $166,950 before correcting the error, what is the total of the credit column before correction?

Answers

The total of the credit column before correction is $304950.

The trial balance is a list of all the general ledger accounts contained in the general ledger of the company. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will have either a debit balance or a credit balance.

Trial Balance is an accounting spreadsheet where the balances of all ledgers are aggregated into equal totals of debit and credit account columns.

Accounts Payable posting which needs to be posted correctly as credit with an amount of $ 16050 instead of that accounts payable is posted with a debit of $ 16050. This has resulted in a double impact on the debit balance with an amount of $32100 (16050*2).

So, the total of the credit column before correction

= $337050-$32100

=$304950

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You are working on a project with a pv of $56,733 and an spi of 1,2. what's the earned value of your project?

Answers

You are engaged in a project with an SPI of 1.2 and a PV of $56,733. Your project has an earned value of $68,079.60.

The schedule performance index (SPI), which compares the project's progress to the schedule, is a gauge of progress. It is determined as a ratio by subtracting the planned value from the budgeted cost of work completed.

The project manager will have a value of less than 1 (project behind schedule), greater than 1 (project on schedule), or 1 using the formula SPI = EV / PV (project ahead of schedule). To calculate the percentage of the work that is either behind or ahead of the scheduled timetable, subtract 1 from the SPI calculation that results.

The formula for SPI is:

SPI = EV ÷ PV.

So you just need to fill in the numbers you know, which gives you

1.2 = EV ÷ $56,733.

Now turn it over.

You have EV = 1.2 x $56,733, which multiplies to $68,079.60.

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Which company generated higher cash flow from each dollar of sales in the current year?

Answers

Which company generated higher cash flow from each dollar of sales in the current year: Integrated Devices with 21.4%

What is a fixed cost?Fixed costs, sometimes referred to as indirect costs or overhead costs in accounting and economics, are costs incurred by a corporation that are independent of the volume of goods or services the company produces. They frequently occur again and again, like monthly rent or interest payments. These expenses are often capital expenses as well.Costs that are fixed are those that don't change based on volume. Most fixed costs are expenses that depend more on time than on how much your company produces or sells. Rent and leasing charges, salary, energy prices, insurance, and loan repayments are a few examples of fixed costs.Rent and mortgage payments are two examples of fixed expenses. Auto loans. Additional loan paymentsTotal production costs — (Variable cost per unit multiplied by the number of units produced) = Fixed costs.

Cash return on assets = Operating cash flows /Average total assets

Integrated devices

= 150,000/[(800,000+600,000)/2] = 21.4%

Allied corporation

= 120,000/[(750,000+500,000)/2] = 19.2%

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Suppose again that furniture production is more​ capital-intensive relative to clothing​ production, which is more​ labor-intensive. If the relative price of furniture to clothing​ rises, this will.

Answers

Suppose again that furniture production is more capital-intensive relative to clothing production, which is more labour intensive. If the relative price of furniture to clothing rises, this will raise the income of capital owners

 

Along with raw materials, labour and capital are the two main agents of production. Even the resources of the planet cannot be used without labour, which is the main agent in satisfying human needs. Despite being indispensable, labour is comparatively unable to provide the necessities of a civilised existence without the help of capital. Labour needs supplies to work with, as well as accommodation, equipment, technology, and other productive tools, in order to produce successfully. These all require capital, which is a collection of prior earnings. It follows that whereas labour cannot advance past a condition of barbarism without capital, capital cannot function without labour.

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A 15-year corporate bond pays $40 interest every six months. what is the bond's price if the bond's promised ytm is 5.5 percent?

Answers

A future sum of money or stream of cash flows' present value, or PV, is their current value at a particular rate of return.

1,253.12

Using FV $1,000,

PMT $40, N 15 years,

P/Y2 for semiannual,

I/Y 5.5 percent.

Bond price (PV) = 1,253.12 must be solved.

Calculator Formula:

N = 30

PMT = 40,

I/Y = 2

FV = 1,000.

The result is PV = $1,253.12.

What Is Present Value (PV)?

Future cash flows are discounted at the discount rate, so the higher the discount rate, the lower the present value of the future cash flows will be. Determining the appropriate discount rate is essential for appropriately valuing future cash flows, including earnings and debt obligations.

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Extraversion, conscientiousness, and positive affectivity tend to have a substantial effect on becoming employed and coping with unemployment.
true/ false

Answers

Answer:

Explanation:

true

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