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What is expenditure dampening?
Expenditure dampening is a policy which seeks to reduce consumer consumption of imported goods. The government can dampen by increasing rates to make the imported goods cost more.
Why does a tariff make foreign goods more expensive?
Yes, a tariff is a tax on imported goods. The tax is added to the cost of the goods making them more expensive.
Is there any disadvantage to a government placing a tariff on imported goods?
Yes, the main disadvantage of a government placing tariffs on imported goods is increased cost and a possible retaliation tariff from the exporting country. Tariffs make the goods more expensive for the consumer.
Is there any disadvantages to a government placing a tariff on imported goods?
Yes, the main disadvantage of a government placing tariffs on imported goods is increased cost and a possible retaliation tariff from the exporting country. Tariffs make the goods more expensive for the consumer.
Hawley Smoot tariff of 1930-what it did and what countries did as a result?
1. it raised cost of imported goods for American consumers, making it more likely that they will purchase the cheaper American goods 2. when the Europeans responded with tariffs on American goods, trade plunged
Calculate cost of goods sold?
To calculate the cost of goods you have to substract the gross profit from total sales.
What are protective tariiffs?
They are taxes placed on imported goods to increase the price and protect locally produced goods which may cost more than the imported similar goods.
What is a special tax added to the cost of imported goods?
Import duty.
What is the difference between cost of goods manufactured and cost of goods sold?
How do you calculate cost of goods sold for a manufacture company
What is expenditure dampening?
Expenditure dampening is a policy which seeks to reduce consumer consumption of imported goods. The government can dampen by increasing rates to make the imported goods cost more.
How do you calculate average daily cost of goods sold?
Annual cost of goods sold / 365
How do you calculate cost of goods sold with a mark up?
Calculate it, Idiot.
Why does a tariff make foreign goods more expensive?
Yes, a tariff is a tax on imported goods. The tax is added to the cost of the goods making them more expensive.
Is there a disadvantage to a government placing a tariff on imported goods?
Yes, the main disadvantage of a government placing tariffs on imported goods is increased cost and a possible retaliation tariff from the exporting country. Tariffs make the goods more expensive for the consumer.
What is the role of cost accounting in marketing of businesses?
cost accounting play a vital role in marketing businesses because it give the authentic value of the cost of goods and services.
How do you calculate the gross income and cost of goods sold?
Cost of Goods Sold = Opening Stock + Purchasing - Ending Stock
Is there any disadvantages to a government placing a tariff imported goods?
Yes, the main disadvantage of a government placing tariffs on imported goods is increased cost and a possible retaliation tariff from the exporting country. Tariffs make the goods more expensive for the consumer.
