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inessss [21]
1 year ago
5

Evaluate the importance of doha development round?

Business
1 answer:
cricket20 [7]1 year ago
7 0

The Doha development round is important to reform the national trading system.

<h3>What is Doha development round?</h3>

The Doha Round of negotiations focuses on industrial and non-tariff barriers, agriculture, services, and easing trade rules.

In this case, the Doha development round is important to reform the national trading system.

It is aimed at lowering global trade barriers and is the first agreement reached through the WTO that is approved by all its members.

It introduced lower trade barriers and a revision of the trade rules.

Learn more about Doha development on:

brainly.com/question/17183363

#SPJ1

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Answer:

The answer is C

Explanation:

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2 years ago
Real GDP per capita is NOT an adequate measure of
mrs_skeptik [129]

Answer:

The correct answer is the well-being of each person in an economy.

Explanation:

Also known as the "Standard of living", this is something that cannot be reflected from the per capital income, whether it's nominal or real. The reason is when you divide the GDP from the population, the assumption is all the GDP is distributed among the population equally.

But this is not the case in the real world and there are many variances, discrimination, discrepancies and inequalities when the wealth and resources are distributed.

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3 years ago
When does one country have an absolute advantage over another country?
Rashid [163]
A country with an absolute advantage over another country achieves this if their production costs are lower.

Absolute advantage means a company or individual out perform another more efficiently. In this case, if two companies are making a product and one selling them for the same price, but one company can make the product for cheaper, they have an absolute advantage. 
7 0
3 years ago
In the Keynesian model, a $1 billion increase in autonomous consumption leads to ______ in equilibrium output.
egoroff_w [7]

Answer: A greater than $1 billion increase

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Keynesian believes that Government spending on infrastructure, unemployment benefits, and education will increase consumer demand. They also believe that consumer demand is the primary driving force in an economy.

4 0
2 years ago
The Daily Grind sells coffee makers. Its inventory of coffee makers without timers cost $20,000 and is now valued at $10,000. It
zysi [14]
Daily grinds inventory value = coffee maker with timer value x n units + coffee maker without timer in x  n units

where:
coffee maker with timer value = $35000 
coffee maker without timer = $10000 
n= 5 units each

Daily grinds coffee maker inventory value = ($35000 x 5)+( $10000 x 5)
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