Azero-sum game is a situation in which the market mechanism determines what a country imports and what it exports. a country engages in international trade even for products it is able to produce for itself. an economic gain by one country results in an economic loss by another. limits on imports are often in the interests of domestic producers, but not domestic consumers. one country has an absolute advantage in the production of all goods.

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.

Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.