What tells you how much money the company has left over after subtracting all expenses?
What tells you how much money the company has left over after subtracting all expenses?
Profit measures how much money your company makes after paying all of its expenses. The two types of profit businesses typically look at are gross profit and net profit. Gross profit is how much money your company has earned after subtracting the cost of goods sold (COGS).
Which of the following activities would be most helpful in figuring out what your company?
A SWOT analysis is an activity that would be most helpful in figuring out what your company’s competitive advantages.
Which of the following is a reason a country might put a tariff on imports?
Answer Expert Verified. The following reason a country might put a tariff on import is C.) TO PROTECT DOMESTIC COMPANIES. Tariff is a tax imposed on goods imported from other countries.
What are the disadvantages of tariff?
Tariffs raise the price of imports. This impacts consumers in the country applying the tariff in the form of costlier imports. When trading partners retaliate with their own tariffs, it raises the cost of doing business for exporting industries. Some analyst believe that tariffs cause a decrease in product quality.
Is trade positive or negative?
If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance.
How do you balance trade?
Understanding the Balance of Trade (BOT) The formula for calculating the BOT can be simplified as the total value of exports minus the total value of its imports. Economists use the BOT to measure the relative strength of a country’s economy.
What is meant by free trade?
Free trade, also called laissez-faire, a policy by which a government does not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports).
What is an example of free trade?
One example of free trade is the agreement between the United States, Mexico, and Canada, known as the North American Free Trade Agreement (NAFTA). NAFTA was established January 1, 1994, between the United States, Mexico, and Canada.
What is free trade give example?
Free trade is a largely theoretical policy under which governments impose absolutely no tariffs, taxes, or duties on imports, or quotas on exports. For example, the North American Free Trade Agreement (NAFTA), between the United States, Canada, and Mexico is one of the best-known FTAs. …
What’s bad about free trade?
Free trade is meant to eliminate unfair barriers to global commerce and raise the economy in developed and developing nations alike. But free trade can – and has – produced many negative effects, in particular deplorable working conditions, job loss, economic damage to some countries, and environmental damage globally.
What is the pros and cons of free trade?
Pros and Cons of Free Trade
- Pro: Economic Efficiency. The big argument in favor of free trade is its ability to improve economic efficiency.
- Con: Job Losses.
- Pro: Less Corruption.
- Con: Free Trade Isn’t Fair.
- Pro: Reduced Likelihood of War.
- Con: Labor and Environmental Abuses.
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It’s good. It’s not a scam. There’s no charge (by Freetrade) to buy US shares.
How do I get Freetrade shares for free?
How it works
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What is good to invest in right now?
Overview: Best investments in 2021
- High-yield savings accounts.
- Certificates of deposit.
- Government bond funds.
- Short-term corporate bond funds.
- S&P 500 index funds.
- Dividend stock funds.
- Nasdaq-100 index funds.
- Rental housing.