Suppose that Lebanon has placed tariffs on its imports and exports. The import tariff is 13%, and the export tariff is 8%. If Lebanon has a balance of trade of (equivalent US dollars) $5,510,000 and received tariff revenue of $4,019,200, what are its imports and exports worth? a. $30,916,923 in imports, $50,240,000 in exports b. $17,040,000 in imports, $22,550,000 in exports c. $6,226,300 in imports, $5,950,800 in exports d. $4,793,700 in imports, $5,069,200 in exports.

Answers

Answer 1

The worth of imports and exports in reference to the balance of trades is $17,040,000 for imports and $22,550,000 for exports.

Computation of total amount of imports and exports

Given,

[tex]I[/tex] =Import tariff 13%

[tex]E[/tex]=Export tariff 8%

[tex]TB[/tex] =Trade balance of $5,510,000

[tex]TR[/tex] =Tariff revenue received of $4,019,200

First, two equations will be formed:

1. Trade Balance:

[tex]TB=E-I[/tex]

2. Tariff revenue:

[tex]TR=E+I[/tex]

The two equations with the given values are as follows:

1. [tex]E-I=\$5,510,000[/tex]

2. [tex]0.08E+0.13I=\$4,019,200[/tex]

Using both the equations the value [tex]E, I[/tex] are computed as follows:

Equation 1. can be written as:

[tex]E=\$5,510,000+I[/tex]

Putting the changed Equation 1. in equation 2.

[tex]\begin{aligned}0.08(\$5,510,000+I)+0.13I&=\$4,019,200\\\$440,800+0.08I+0.13I&=\$4,019,200\\0.21I&=\$3,578,400\\I&=\$17,040,000\end{aligned}[/tex]

Now, putting the value of [tex]I[/tex] in equation 1:

[tex]\begin{aligned}E-\$17,040,000&=\$5,510,000\\E&=\$5,510,000+\$17,040,000\\E&=\$22,550,000\end{aligned}[/tex]

Therefore, option b. $17,040,000 in imports, $22,550,000 in exports is correct.

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Answer 2

Answer:

(B) $17,040,000 in imports, $22,550,000 in exports

Explanation:


Related Questions

Which of the following is a characteristic of an unstructured interview? a. Conducted by a professional interviewer b. Focuses on factual information c. Common in small businesses d. Limited information on the interviewee's personality Please select the best answer from the choices provided A B C D.

Answers

Unstructured Interviews are common in small businesses. Option C is correct.

What is an Unstructured Interview?It refers to an interview in which the questions are not prearranged by the interviewer that is to be asked to the respondents. Unstructured interviews are more casual and unrehearsed than structured interviews in which prearranged, standardized questions are asked. This provides free-flowing conversation on respondents' personal qualities and knowledge related to relate to the work.

Since in small companies, the work areas of employees are wider than the big corporate.

Therefore, unstructured Interviews are commonly used in small businesses to get a deeper understanding of respondents' personal qualities related to work.

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Answer:

it c

Explanation:

yw

What is the formula for calculating simple interest?
A. Simple interest - Principal - Rate < Time

B. Simple interest = Principal - Rate + Time

C. Simple interest = Principal Rate < Time

D. Simple interest = Principal + Rate < Time

Answers

Explanation:

the formulary for calculating simple interest is

simple interest= principal×rate×time/100

the formula for calculating simple interest is Simple interest = Principal - Rate + Time

What is simple interest?

Simple interest is a calculation of interest that doesn’t take into account the effect of compounding.  In many cases, interest compounds with each designated period of a loan, but in the case of simple interest, it does not.  The calculation of simple interest is equal to the principal amount multiplied by the interest rate, multiplied by the number of periods.

"The period must be expressed for the same time span as the rate. If, for example, the interest is expressed in a yearly rate, such as in a 5% per annum (yearly) interest rate loan, then the number of periods must also be expressed in years. Note that sometimes changes to interest rates may be expressed in basis points (BPS). It may be worth your while, as a financial professional, to learn how to convert BPS into interest rates.

What is principal?

Principal is most commonly used to refer to the original sum of money borrowed in a loan or put into an investment. It can also refer to the face value of a bond, the owner of a private company, or the chief participant in a transaction.

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#SPJ3

who is responsible for selecting the required yearly ce topics

Answers

Based on standard practice State Real Estate Commission is responsible for selecting the required yearly CE topics.

What is CE in Real Estate?

CE in Real Estate is a term that is used to describe the Continue Education that must be participated by the agents and brokers to retain and maintain real estate license.

To maintain the required yearly CE topics, the State Real Estate Commission set the standard, including the requirements, duration, and due dates.

Hence, in this case, it is concluded that the correct answer is "State Real Estate Commission."

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Amaya is a member of a new product design team. The team leader proposed a process that would get quick results, but Amaya was concerned quality would suffer. Due to _______, Amaya did not voice her concern as she did not want to appear unsupportive of the team.

Answers

People often have different suggestions and may or may not agree with each other. Due to groupthink, Amaya did not voice her concern as she did not want to appear unsupportive of the team.

Groupthink is known to be a situation that takes place when a group of individuals arrive at a consensus without critical reasoning or looking into the repercussions or alternatives.

It is often based on a common desire not to anger the balance of a group of people.

It can also be regarded as a psychological phenomenon where individual strive to meet a consensus within a group.

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a ________ is an advertisement in a financial newspaper announcing a public offering of securities, along with a list of the investment banks handling the offering.

Answers

Answer: Tombstone is the answer but not the grave kind ofc

what is term for the ability to easily turn assets or investments into cash?

Answers

The one on the top is correct

1. Which of the following is INCORRECT?
Assets
Liabilities
Capital
$
$
$
i
ü.
18,270
9,340
15,160
12,230
5,290
3,120
6,380
1,390
12,980
6,220
7,780
10,840
111.
iv.

Answers

Answer:

HINDI KO PO GETPASYENSYA NA POKUNG SAAN UMAASA KAYO SASAGOT KO.

11.
can best be described as the total value of all final goods, services, and structures produced in an
economy in a one-year period.
A. GDP
B. CPI
C. Real GDP
D. Nominal GDP

Answers

Answer:

GDP

Explanation:

GDP can be described as the total value of all final goods, services, and structures produced in an economy over a period of one yearThe full form of GDP is Gross Domestic product

Describe which fiscal policies of the U.S. Congress would be considered expansionary actions and which would be contractionary actions

Answers

Answer:

Congress acts to cut tax rates or increase government spending, shifting the aggregate demand curve to the right.

Explanation:

Contractionary fiscal policy occurs when Congress raises tax rates or cuts government spending, shifting aggregate demand to the left.

Fill in the blank: Measuring your website’s authority comes down to assessing the volume and quality of the ____________.

Answers

The measurement of the website’s authority comes down to assessment of the volume and quality of the website's backlinks

Simply put, a backlink refers to series of link from one website which leads to another website.

The number and quality of a website's backlink tells about the quality of the website.

Hence, the measurement of the website’s authority comes down to assessment of the volume and quality of the website's backlinks

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Match each type of employment with its definition (2 points)
Unemployment resulting from mismatches between
employer needs and employee skills.
Unemployment associated with workers who are
between jobs
Unemployment associated with the highs and lows of
the business cycle.
:: frictional unemployment
cyclical unemployment
* structural unemployment

Answers

Each type of employment has been matched with its definition thus:

Frictional unemployment: Unemployment associated with workers who are  between jobs Cyclical unemployment: Unemployment resulting from mismatches between  employer needs and employee skills. Structural unemployment: Unemployment associated with the highs and lows of  the business cycle.

There are different causes of employment. Frictional unemployment is the timeframe between the period an individual lost his job and seeks another.

Structural unemployment is a result of inconsistencies in the labor market.

Cyclical unemployment occurs when the demand from the employee is not met with the skills of the employer.

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Answer:

Here, Give me my brain

Explanation:

Cyclical unemployment- Unemployment associated with the highs and lows of the business cycle.

Structural unemployment- Unemployment resulting from mismatches between employer needs and employee skills.

Frictional unemployment-  Unemployment associated with workers who are between jobs.

Just took the test, the other answer is mixed up

Sandra deposits $3,000 at the end of each semiannual period for 12 years at 10% interest compounded semiannually. Determine the amount she will have in the account after 12 years. Round to the nearest cent. A. $133,506. 00 b. $140,181. 30 c. $121,291. 43 d. $70,568. 14.

Answers

The amount she will have in the account after 12 years is $9,675.30

Given information

PV = $3,000

N = 12

M = 2

I = 10%

Future value = PV* (1+i/m)^nm

Future value = $3,000 * (1 + 0.10/2)^2*12

Future value = $3,000 * 3.22509994371

Future value = $9,675.29983

Future value = $9,675.30

Hence, the amount she will have in the account after 12 years is $9,675.30

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Answer: A 133,506.00

Explanation:

Which of the following is considered one of the biggest advantages of online marketing?

ability to be individually tailored
ability to cultivate relationships
relatively low cost
ability to get immediate action

Answers

Answer:

Ability to cultivate Relationships .

Online marketing allows you to create new relationships in a targeted way that simply wasn't possible twenty years ago

Why would a person change their business status to a LLC?

A. To gain tax breaks

B. To limit their personal liability

C. To help obtain funding through the sale of stock

D. Because it is the easiest form for setting up your business

Answers

Answer:

A) to gain tax breaks

Explanation:

A common reason for changing a co. to an LLC is to avoid double taxation

A should be correct

One method used by some analysts to estimate the future value of a stock is the dividend growth model. This model would probably be most useful in the case of A) a small-cap stock B) a AAA corporate bond C) a preferred stock D) a large-cap stock

Answers

Answer:

I am sure that it is D. a large cap stock

Explanation:

Large cap stocks already have a positive growth sentiment and

based on how much dividends are paid out they can estimate the future

value of a stock.

Which form of media advertising has seen the sharpest decline in the United States over the last 15 years

Answers

The form of media advertising that has seen the sharpest decline in the United States over the last 15 years is the Newspaper.

The Newspaper used to be very common in the past. It was the most common means of reaching the bigger audience. Apart from its use as a medium of carrying the happenings in the society, it also served as a means of advertising.

The decline in the use of the Newspaper today is partly due to the riser in the use of electronic media. People have moved on past the age of Newspaper. Most topics are now discussed electronically especially through the social media.

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What includes the increasingly complex management of processes, information, and communication to take a product from cradle to grave

Answers

The increasingly complex management of processes, information, and communication to take a product from cradle to grave refers to Logistics.

What is Logistics?

Logistics can be described in the most simple of ways, as the planning and management of a series of factors in order to achieve the end goal of a product. Logistics involves a series of complex processes required to oversee the proper flow of a product from its origin to its consumption by the public.This is important in order to ensure adherence to norms and regulations and allow for an efficient and detailed process of production.

Therefore, we can confirm that when stating the increasingly complex management of processes, information, and communication to take a product from cradle to grave, we are referring to Logistics.

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Currently, you can exchange $1 for SF 1.14. Assume that the average inflation rate in the U.S. over the next two years will be 2.5 percent annually as compared to 3 percent in Switzerland. Based on this information and relative purchasing power parity, which one of the following assumptions can you make regarding the next two years?
A. The Swiss franc will appreciate against all currencies.
B. The Swiss franc will appreciate against the U.S. dollar.
C. The U.S. dollar will appreciate against all currencies.
D. The U.S. dollar will appreciate against the Swiss franc.
E. Both the U.S. dollar and the Swiss franc will appreciate against all other currencies.

Answers

In the next two years, the U.S. dollar will appreciate against the Swiss franc.

Exchange rate is the rate at which one currency is exchanged for another currency. In this equation $1 would be exchanged for SF1.14.

Purchasing power parity theory states that the same basket of books would cost the same when the exchange rate between the countries have been adjusted for. If the inflation rate of one country is expected to increase more than that of the other country, the country with the higher inflation rate, will experience a depreciation of its currency.

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From what you read in the Content, who is the college student that wanted to create
a tutoring app?
Vicky
Xavier
Isaiah
Lisa

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Answer:

vicky..........................

How much money is there in the world?

Answers

Answer:

nobody don't have any ideas✓✓

All of this depends on currencies in different in countries because it's all worth different amount like 1 US dollar is 0.76 Pounds.

An average for you in USD is 1.4 quadrillion dollars.

The growth rate is a measure of the rate at which a countrya's population is increasing. Please select the best answer from the choices provided. T F.

Answers

The growth rate is a measure of the rate at which a country's population is increasing.

The growth rate of a population measures the percentage increase in the value of a quantity.

For example, if the growth rate of a population is 10%, if the town currently has 1000 people, next year population would be: 1000(1.1) = 1100 people.

Factors that leads to increases in a population

Migration Birth

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Answer:

This is true.

Explanation:

Edg. 2022

Which technique is used to improve customer relationship management (CRM) systems by identifying, storing, and disseminating facts about how to perform tasks

Answers

Knowledge management is the technique that is used to improve customer relationship by storing and disseminating facts.

Knowledge management can be described as the use of different techniques to create and share knowledge in an organization.

It is a multiple approach way that organizations use to attain their objectives through the best use of knowledge.

It is very important to the organization because it helps to:

Increase efficiencyRaise productivityKeep critical information in  the organization.

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Company Z understands that their business is at risk. How can they use step two in the Decision-Making Process to reach their end goal of increasing sales and customer satisfaction?

Answers

Answer:

I have no clue

Explanation:

I need to answer something bc I'm new sorry

Answer:

Company Z can list the options on how to increase sales and make their business profit again. Some available options that can be listed are responding quickly to customer concerns instead of making them wait a long time, finding a way to have better parking, and to lower their overall prices when selling their products to customers.

Explanation:

For part a you are supposed to state what problems Company Z are having with their company, and if you look at the five steps, the next step for part b is to list some solutions to fix these problems. I hope this helps clarify part b a little bit!

The five steps are:  
State the problem

List the options

Determine the pros and cons

Choose the best option

Evaluate the decision/choice

What type of business is formed with the primary purpose of serving its user- members? O A. Partnership B. Corporation O C. Sole proprietorship D. Cooperative

no linkss​

Answers

Answer:

What was the answer?

Explanation:

Answer: it’s cooperative, I took the test.

Explanation:

ieiyeoemn you’re toxic.

What is the BEST way to stay organized? Person with a descriptive and correct one sentence answer will receive brainliest for their hard efforts.

Answers

Answer:

Jssjnsnss is a great place to work for and it is a great place to work for and it will help us out to the best of our experience as well as the best and fastest growing business in the

Answer:

watch your behavior to identify actions that contribute to the problem of being disorganized and commit to changing problem behaviors.

Explanation:

(or incorporate the most important organizing tasks into routines.)

Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5. 2%. His original policy was set up using the premiums listed below. What is his new annual premium after the increase for the accident?.

Answers

Premium is often paid by people based on some kinds of services offered.

From the picture attached, we can see Royce' premiums for the previous year, which were;

Bodily injury $22.50 Property damage $144.75 Collision $275.75 Comprehensive $100

If you add all together, the total premium of the policy was $543

Note that the premiums will increase by 5.2%,

therefore, the new total premium will be = $543 x 1.052 = $571.24

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A market might have an upward-sloping long-run supply curve if:

Answers

Answer:

a. firms have different costs.

Explanation:

A market might have an upward-sloping long-run supply curve if

a. firms have different costs.

b. consumers exercise market power over producers.

c. all factors of production are essentially available in unlimited supply.

d. the entry of new firms into the market has no effect on the cost structure of firms in the market.

Demand is more elastic when you are shopping in Walmart than when you shop at a small convenience store because: Group of answer choices

Answers

Answer:

It rises by 25%

Explanation:

Demand is more elastic when you are shopping in Walmart than when you shop at a small convenience store because: more competing products means greater elasticity. Lyft cuts the price of a ride in New York City by 10%. Thereafter, the quantity of rides demanded rises by 25%.

Hope this helped <3

Choose Yes or No to tell if the number 104 will make each equation true.


17 × □ = 1,700

Choose...



6 × □ = 60,000

Choose...



30 × □ = 300,000

Choose...



205 × □ = 205,000

Answers

Answer:

❤I gotcha bro bro

Explanation:

1.No

2.No

3.No

4.No

Your question needs to be more informative and you need more tutoring on Math no offense just Advice

According to the Securities and Exchange Commission, one of the easiest ways to boost your retirement savings is:

Answers

One of the easiest ways to boost your retirement savings is to take

advantage of your employer's matching , focus on low fees, and save by

payroll deduction.

Retirement savings can be boosted by the employer matching the

employee's contribution.This involves them contributing a certain amount

monthly or yearly to the retirement savings plan.

Other factors include avoiding high cost and fees of things and saving

through having certain amount deducted to help save for the future.

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