1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rina8888 [55]
2 years ago
6

What is the primary purpose of a trading bloc? (5 points) group of answer choices to foster political and social unity to lower

manufacturing costs to reduce or eliminate tariffs to create free market economies
Business
1 answer:
VMariaS [17]2 years ago
7 0

The primary purpose of a trading bloc is to reduce or to eliminate the tariffs. Option C is correct.

<h3>What is the trading blog?</h3>

A trading bloc is a kind of intergovernmental agreement, frequently part of a regional intergovernmental organization, in which trade restrictions between participating governments are decreased or totally abolished.

Trade blocs can arise as independent agreements between states or as part of a regional organization. The fundamental purpose of that type of blog is to reduce or eliminate the tariff.

Therefore, option C is correct.

Learn more about the trading blog, refer to:

brainly.com/question/19671382

You might be interested in
Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the product
Troyanec [42]

Answer and Explanation:

Given:

                                 Product 1      Product 2         Product 3

Cost of product         $20                 $90                 $50

Selling price              $40                 $120                $70

Selling cost                $6                    $40                 $10

Computation:

                                          Product 1      Product 2         Product 3

Product Cost                         $20                 $90                 $50

N.R.V                              ($40-$6)=$34  ($120-$40)=$80  ($70-$10)=$60

Per Unit Inventory Value      $20                 $90                 $50

4 0
3 years ago
The degree of pretax cash flow operating leverage at Rackit Corporation is 2.7 when it sells 100,000 units of its new tennis rac
coldgirl [10]

Answer:

the fixed costs for Rackit Corporation is $161,500.

Explanation:

Cash Flow DOL = 1 + Fixed Cost / EBITDA

2.7 = 1 + Fixed Cost / 95,000

1.7 = Fixed Cost / 95,000

Fixed Cost = $161,500

Therefore, the fixed costs for Rackit Corporation is $161,500.

4 0
3 years ago
If a stock split occurred, when calculating the current year's EPS, the shares are treated as issued:A. At the end of the year.B
son4ous [18]

Answer:

Correct answer is (C)

Explanation:

At the beginning of the year.

Earnings per share (EPS) is the portion of profit earned by the company that is allocated to each outstanding share of its common stock. It is determined by taking the difference between a company's net income and dividends paid for preferred stock and then divided by the average number of shares outstanding. So if stock split occurred when calculating the current year EPS, the shares are treated as issued at the beginning of the year.

7 0
3 years ago
Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $550,000. In addition to the purchase price, FVI makes the followi
maw [93]

Answer:

Land 594,500

Explanation:

We must include all cost necessary to acquire the land and lelave it ready to use.

But, the demolition cost are associate with the old warehouse thus, as thsis asset is being destroyed It will be considered period cost, It will not be capitalized through land.

Acquisition cost    550,000

broker commission 35,000

title insurance            2,500

closing cost       <u>         7,000   </u>

Total cost               594,500

8 0
3 years ago
What is considered one of the most common mistakes made by North American companies when trading with a Middle Eastern company?
Maurinko [17]

The main mistake made by North American when trading with a middle Eastern companies are being Impatient.

Explanation:

  • Middle east countries include countries such as  United Arab Emirate, Iran, Iraq, Turkey, Egypt etc.
  • North Americans are known to have a good trading relationship with many nations through out the world.
  • But the failed to maintain a healthy and good trading relationship with Middle eastern companies such as UAE etc.
  • On of the main reason why they failed is due to their impatience as arab people usually hesitate to take decisions regarding business right away and will demand some three or more business meetings before agreeing for trading, where on the other hand North americans didn't have such patience.

Hence their trading with North americans failed.

6 0
3 years ago
Other questions:
  • What is a vital point for most marketers
    13·1 answer
  • Failure to prepare an adjusting entry at the end of a period to record an accrued revenue would cause:A)net income to be oversta
    8·1 answer
  • On average, how much money do you spend per week?
    13·2 answers
  • Which of the following statements correctly describe a contemporary approach to create the Work Breakdown Structure (WBS) for a
    10·1 answer
  • What is the function of the ppi
    15·1 answer
  • Over the past year, productivity grew 2%, capital grew 1%, and labor grew 1%. If the elasticities of output with respect to capi
    14·1 answer
  • Cheetah Copy purchased a new copy machine. The new machine cost $100,000 including installation. The company estimates the equip
    7·1 answer
  • In a large metropolitan market, it is relatively easy to set up a law office. The ease of entry explains why you will find hundr
    10·1 answer
  • Trey Morgan is an employee who is paid monthly. For the month of January of the current year, he earned a total of $4,538. The F
    5·1 answer
  • A falling price level is a symptom of an unhealthy economy, if prices have fallen due to _________. It is symptom of a healthy e
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!