1. free-trade benefits
in addition to the positive welfare effects that free trade has on an economy, there are a variety of other benefits of international trade. consider the following scenario:
without free trade, rooby has market power as a local producer. once free trade is implemented in the local economy, rooby is no longer able to raise its prices above competitive levels.
the previous scenario represents which of the following benefits of free trade?
increased variety of goods
enhanced flow of ideas
increased competition
lower costs through economies of scale

To be able to better compare stock performance within the same industry, similar companies are grouped into? a)market sectors b) industry blocks c) performance sectors d) average earning blocks

Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?

Match the different financial task to their corresponding financial life cycle phases