Answer:
Factor endowments
Explanation:
According to the Heckscher-Ohlin model, factor endowments refer to the factors of production (land, labor, capital) that are abundant in a country and allow its citizens to have a comparative advantage over other countries regarding the production of goods and services, and trade.
Different countries have different factor endowments, e.g. Japan has abundant capital and labor, but few land, therefore, it produces and trades manufactured goods. Brazil has abundant land and labor, therefore, it produces and trade agricultural products.
Answer:
NAFTA became the largest free trade zone in the world.
Explanation:
The North American Free Trade Agreement (NAFTA) was a trade pact that was signed in the year 1992. This Pact was created with the goal of eliminating the majority of trade tariffs as well as other trade barriers on the various different products and services that were being traded between the United States of America, Canada, and Mexico. NAFTA became the largest free trade zone in the world.
Answer:
interest expense 3,654 debit
cash 3,654 credit
Explanation:
For the first 6 month the note will pay 5.80% interest for the subsequent 6 month will pay at 6.70%
We do for the period Jan 2,2017 to June 30,2017
variable LIBOR rate:
126,000 x 5.80% / 2 = 3654
fixed rate of the promissory note:
126,000 x 6.00% / 2 =3,780
difference: 126 in our favor.
We pay the variable rate, not the fixed rate. THerefore, we made the entry for the variable rate
The Given statement " In discussing Americans as global citizens, Keith Reinhard from the nonprofit group Business for Diplomatic Action said, "Globally, Americans are viewed by the world as quiet humanitarians striving for equality and accord " is FALSE
Explanation:
Americans are regarded internationally as high-profile, self-absorbed and loud people, "said Keith Reinhard, a former head of DDB Internationally advertising company who aims to remedy this with a non-profit company called Business for Diplomatic Change.
Keith Reinhard is the emeritus Chairman of DDB Weltwide, one of the largest and most ambitious networks of advertising agencies in the world with 206 branches in 96 countries.
We're seen as arrogant, self-absorbed, and loud