In the long run, increased import quotas by Mexico's government would tend to

a. increase Mexico's imports and exports.
b. decrease Mexico's imports and exports.
c. increase Mexico's imports and decrease its exports.
d. decrease Mexico's imports and increase its exports.


b. decrease Mexico's imports and exports.

Business

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The method of analyzing the behavior of semivariable costs that relies heavily on the ability of an observer to detect a pattern of cost behavior by reviewing past cost and volume data is the:

a. High-low method. b. Method of least squares. c. Scattergraph method. d. Observation method.

Business

U.S. GAAP requires that the statement of cash flows disclose the amount of cash flows arising from investing activities including

a. interest received on investments in bonds. b. interest paid on the company's bonds. c. cash used for the acquisition of non-current assets. d. cash dividends paid on the company's stock. e. cash dividends received on investments in other company's stock.

Business

The purposes of a defensive strategy do not include

A. decreasing the risk of being attacked. B. helping protect a competitive advantage. C. weakening the impact of any attack that occurs. D. pressuring challengers to aim their efforts at other rivals. E. increasing the risk of having to defend an attack.

Business

A written contract needs at least one witness to establish its existence and its terms

Indicate whether the statement is true or false

Business