Suppose Americans working in the textile industry decide to boycott goods made in the European Union. Explain how this boycott will affect each of the following: The supply of dollars The international value of the dollar

Answers

Answer 1

Answer: See explanation

Explanation:

The supply of dollars: The boycott by the Americans would result in the reduction in the supply of dollars on the international market. This is due to the fact that there will be less dollar going to the European Union.

The international value of the dollar: There'll be a depreciation in the value of the dollar. A reduction in demand would lead to decline in it's value.


Related Questions

the area of a rectangle is 600 cm2 and its breadth is two-third of its length find the length and breadth of the rectangle​

Answers

Given:

Area of a rectangle is [tex]600 \text{cm}^2[/tex].

Breadth is two-third of its length.

To find:

The length and breadth of the rectangle​ .

Solution:

Let x cm be the length of the rectangle.

Then, Breadth or width of the rectangle = [tex]\dfrac{2}{3}x[/tex] cm

Area of a rectangle is

[tex]Area=Length \times Breadth[/tex]

[tex]600=x \times \dfrac{2}{3}x[/tex]

[tex]600=\dfrac{2}{3}x^2[/tex]

Multiply both sides by 3.

[tex]1800=2x^2[/tex]

Divide both sides by 2.

[tex]900=x^2[/tex]

Taking square root on both sides.

[tex]\pm \sqrt{900}=x[/tex]

[tex]\pm 30=x[/tex]

Length cannot be negative. So, x=30.

Now,

Length = [tex]30\text{ cm}[/tex]

Breadth = [tex]\dfrac{2}{3}\times 30\text{ cm}[/tex]

             = [tex]2\times 10\text{ cm}[/tex]

             = [tex]20\text{ cm}[/tex]

Therefore, the length of the rectangle is 30 cm and the breadth is 20 cm.

When is a manufacturer most likely to RAISE the price of a product?
when demand for the product increases
when a competitor makes a better product
ОООО
C
when a cheap substitute for the product appears in stores
when the cost of raw materials declines

Answers

Answer:

Its (A) When demand for the product increases

Explanation: I just tooke the Economics Exam.

2008 crisis question.

Answers

Answer:

The correct answer is D.

Explanation:

The Great Recession was an almost global recession that began around 2007 and peaked in 2009. The recession was triggered by various factors, in particular the bursting of a property price bubble in the USA and the associated financial crisis from 2007 and the banking crisis, which was later followed by sovereign debt crises such as the Greek sovereign debt crisis. In addition, there were hunger crises in poor countries.  At the start of the crisis there were several negative announcements about the mortgage system of the United States of America; the crisis stemmed from what became known as 'toxic lending', the greed of companies to make a profit and to give mortgages to people who could not afford to pay it back. This housing crisis, known as the Subprime mortgage crisis, spread worldwide.

Select the correct answer.
if you are friendly, outgoing, and love to travel, you might consider a career in what cluster?
A Arts and communication
B. Logistics and transportation
C Hospitality and tourism
D. Agriculture

Answers

B is the answer because logistics has to do with alot of transporting
C. Hospitable and outgoing travel. I think it works

Q1. While walking to the local electronics store, MusicLover ponders his desire for a high-end noise cancelling headset with soft leather earcups, and realizes that he would purchase it if it were priced at $150, or $180, or even $195, but not at $210. On arriving at the store, he finds that the product is priced at $170. He buys it! Based on this information, Which number is closest to MusicLover's reservation price or willingness-to-pay (WTP) for the headset

Answers

Answer: b. $200

Explanation:

A person's willingness-to-pay refers to the maximum price they would be want to pay for a good or service. For instance, if you refused to pay more than $25 for a jar of honey, your willingness-to-pay for the jar of honey is $25.

In this scenario, MusicLover will buy the headset if they are $195 but not if they are $210. His willingness to pay is therefore between $195 and $210. From the options, the only figure in that range is option B with $200.

Effects Transaction a. The company pays cash toward an account payable. b. The company purchases equipment on credit. c. The owner invests cash in the business in exchange for its common stock. d. The company pays cash dividends to shareholders. e. The company purchases supplies for cash. f. The company provides services for cash.

Answers

Answer:

Transaction Effects on the accounting equation:

a. The company pays cash toward an account payable.

Asset (Cash) reduced = Liabilities (Accounts Payable) reduced + Equity

b. The company purchases equipment on credit.

Asset (Equipment) increased = Liabilities (Accounts Payable) increased + Equity

c. The owner invests cash in the business in exchange for its common stock.

Asset (Cash) increased = Liabilities + Equity (Common Stock) increased

d. The company pays cash dividends to shareholders.

Assets (Cash) reduced = Liabilities + Equity (Retained Earnings) reduced

e. The company purchases supplies for cash.

Assets (Supplies) increased and (Cash) reduced = Liabilities + Equity

f. The company provides services for cash.

Assets (Cash) increased = Liabilities + Equity (Retained Earnings) increased

Explanation:

The accounting equation shows that assets are always equal to liabilities and equity with each given business transaction.  With the double entry system of accounting, each transaction has double effects on the accounting equation on one side or on both sides of the equation.

The effect transaction in this scenario is the owner invests cash in the business in exchange for its common stock. This transaction increases the company's cash balance and adds to its equity by increasing the owner's investment. Therefore, option c is correct.

In the context of accounting and finance, equity refers to the ownership interest in a business or organization. It represents the residual interest in the assets of the entity after deducting liabilities.

Equity can be in the form of common stock, preferred stock, or retained earnings. It reflects the claims of the owners or shareholders on the company's assets and represents their ownership rights.

Equity is an important component of a company's financial structure and plays a role in determining its value, financing options, and distribution of profits.

Learn more about equity here:

https://brainly.com/question/28767097

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