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Amortization is an accounting method used to gradually reduce the value of an intangible asset. The asset is typically spread out over a period of time and the value is reduced through periodic charges to income. For example, if a company acquired a patent for $100,000, it could amortize the cost over the life of … Read more
Nontariff barriers are trade barriers that are not in the form of tariffs. They can take the form of import quotas, export quotas, or other restrictions on trade. Why does the government create trade barriers? The government might create trade barriers for a variety of reasons. One reason might be to protect domestic industries from … Read more
A blue chip is a nationally recognized, well-established, and financially sound company. Blue chip stocks are known for their stability, reliability, and high dividend yields. Investors often consider blue chip stocks to be a safe investment, even in times of economic turmoil. examples of blue chip stocks include: -Johnson & Johnson -Procter & Gamble -Coca-Cola … Read more
