Which of the below trade theories encourges strategic trade policy by the government. Key terms associated are economies of scale, fist mover advantage and barriers of entry. a. International Product Life Cycle
b. Compartive advantage
c. Mercantilism
d. New Trade Theory

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.