Answer:
A specific trade agreement would be the US - Colombia trade agreement, which was signed on 2006.
Explanation:
This trade agreement reduced 80% of tariffs that used to applied to goods exported from the U.S. to Colombia, and from Colombia to the U.S.
The agreement benefits consumers in both countries because it allows each country to specialize in the production of those goods that they do best, for example, coffee in the case of Colombia, and industrial goods in the case of the United States.
However, because the United States is a much more powerful country, with a higher level of development, consumers in the US have benefited more than Colombian consumers.
CD stands for Certificate of Deposit.
Compared to basic savings accounts, CDs are less liquid and have higher interest rates.CDs often offer you a higher interest rate upfront, if you’re willing to leave your money alone for a set amount of time
The term liquidity denotes the degree to which an asset can be bought or sold in the market without affecting the asset's price.
The potential GDP in the U.S. will be unaffected by the unemployment rate.
What is meant by potential GDP?
An estimation of the value of the output that the economy would have created if labor and capital had been engaged at their maximum sustainable rates—that is, rates consistent with steady growth and stable inflation—is known as potential GDP.
What is the unemployment rate?
The number of persons actively seeking work as a percentage of the labor force is used to calculate the unemployment rate in the United States. In July 2022, the US jobless rate dropped from 3.6% to 3.5%, the lowest level since February 2020, despite analysts' expectations that it would remain steady.
What causes a high unemployment rate?
Numerous factors, including those from the supply side—the worker—and the demand side—the employer—contribute to unemployment. High-interest rates, a worldwide recession, and a financial crisis could all have an impact on demand. Frictional unemployment and structural employment are major contributors on the supply side.
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What Carlos and his client should consider before finalizing these deadlines is whether the deadlines are realistic.
<h3>How important are deadlines in a sales contract?</h3>
The deadlines refer to the obligations of a buyer in a negotiation, being mandatory and legal compliance. But it is essential that the stipulated deadlines are realistic in relation to the contract clauses, offering benefits to both parties involved in the negotiation.
Therefore, the deadlines provided for in a contract must be analyzed and discussed if the requirements are unrealistic and cannot be effectively fulfilled for the seller and the customer.
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