Generally, international trade laws in the last 60 years have served to:______.

Business

1 answer:

Oxana [17]2 years ago

3 0

Answer: lower barriers to trade

Explanation:

Barriers to trade are usually used by countries to protect their infant industries, prevent dumping and consumption of harmful goods.

Despite all the controversies with international trade, the trend for the last 60 years has been toward a lower barrier to trade and there has been tremendous improvement with regards to that as the average level of tariffs that were charged by the industrialized countries was about forty percent in 1946 but reduced to about five percent in 1990. Also several countries have minimized their trade barriers.

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Why did credit unions survive the last financial crisis better than banks?

masya89 [10]

Answer: they had more security

Explanation:

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Harlan Bikes wants to close an unprofitable division with an expensive mortgage, high advertising costs, and high raw material c

Rudiy27

Answer:

Quantitatively, Harlan Bikes is justified in deciding to close the department, but there are other qualitative factors that need to be considered which may result in the company loosing much more that they can save if the department is closed, such as for example a decrease in employee morale, a negative signalling effect to other stakeholders, a drop in sales in related products etc.

Explanation:

A decrease in employee morale can result especially if workers in other departments are no-longer sure about their future in the company, resulting from fears of their departments being closed. This can negatively affect productivity resulting in lower profits in other department.

A negative signalling effect means that other stakeholders such as investors and creditors may start questioning managements ability to profitably run the business, and the company will be perceived as more risky. Cost of debt and cost of equity capital for example, may go up, due to this higher perceived risk, and which may reduce the number of positive net present value projects that the company can undertake due to an increase in cost of capital.

If the company carries related products in other departments, it may also see a drop in sales in those sales, which will effectively reduced the savings that are estimated to be gained from closing the division.

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3 years ago

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Delvig [45]

Answer:

The correct answer is D that it is a record.

Explanation:

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The fundamental belief behind the market-oriented us economy is that firms are in the best position to know if their actions wil

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The fundamental belief behind the market-oriented US economy is that firms are in the best position to know if their actions will cause antitrust laws to be being broken and allow them to work more efficiently. This is further explained below.

<h3>What is an Economy?</h3>

Generally, the status of a country in terms of commodities and services production and consumption.

In conclusion, Firms are in the best position to ascertain the effect of their actions on the economy.