Subsidies in non-market economy countries are difficult to determine because:
A) their countries are secretive and do not allow economic information to escape
B) foreign trade is limited and there are no comparative situations.
C) these countries have few subsidies and the ones they have are very small.
D) foreign trade decisions are made by the state trading organization and exports benefit from many economic advantages designed to meet an overall plan.
D
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In Hellmut Schutte's modified hierarchy to explain the needs and wants of Asian consumers, the last three levels are affiliation, admiration, and self actualization
Indicate whether the statement is true or false
The rule that requires financial statements to reflect the assumption that the business will continue operating instead of being closed or sold, unless evidence shows that it will not continue, is the:
A. Measurement (Cost) Principle. B. Going-concern assumption. C. Business entity assumption. D. Monetary unit assumption. E. Objectivity principle.
The cost justification defense to price discrimination applies only to the cost of manufacture, not
to shipping or advertising. Indicate whether the statement is true or false
List the 2 (two) main different types of QuickBooks files. What is the purpose of each file type?
What will be an ideal response?