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PilotLPTM [1.2K]
3 years ago
5

Why are some economists concerned about the proliferation of regional trade agreements? regional trade agreements terms can conf

lict with those of the wto. regional trade agreements may limit trade from outside the regions in agreement. regional trade agreements make the economies of partner nations more independent of each other. previousnext?
Business
1 answer:
d1i1m1o1n [39]3 years ago
7 0
Here are several reasons why economists are concerned about the <span>proliferation of regional trade agreements:
- </span><span>Regional trade agreements terms can conflict with those of the WTO 
- </span><span>Regional trade agreements may limit trade from outside the regions in agreement 
Regional trade agreements basically could make the economy within a certain region became secluded from other countries and may raise the price of certain commodities.</span>
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Galatea Foods was founded in Greece by Galatea Chronos in 1978, and the company spread rapidly through Western Europe. Ms. Chron
Alina [70]

The company probably uses the multidomestic strategy.

<h3><u>What is a multidomestic strategy?</u></h3>
  • A multi-domestic strategy is one in which businesses adapt both their product lineup and their marketing approach to suit several national contexts in an effort to maximize local responsiveness.
  • Each large national market where commerce is conducted typically has established production, marketing, and R&D operations.
  • The structure of multinational corporations is described by an alternative use of the phrase.
  • International or multinational businesses advertise comparable products in numerous countries and benefit from economies of scale through shared overhead.

Multinational corporations can achieve more localized management by having separate headquarters in many nations, but at a higher cost by forgoing the economies of scale through cost sharing and centralization.

Know more about multidomestic strategy with the help of the given link:

brainly.com/question/14989951

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4 0
1 year ago
Labor data for making one gallon of finished product in Bing Company are as follows. (1) Price—hourly wage rate $16.70, payroll
blondinia [14]

Answer:

a. Standard direct labor rate per hour = Hourly wage rate + Payroll taxes + Fringe benefits

Standard direct labor rate per hour = $16.70 + $0.60 + $1.40

Standard direct labor rate per hour = $18.70

b. Standard direct labor hours per gallon = Actual production time + Rest periods and cleanup + Setup and downtime

Standard direct labor hours per gallon = 1.60 hours + 0.30 hours + 0.20 hours

Standard direct labor hours per gallon = 2.1 hours

c. Standard labor cost per gallon = Standard direct hours per gallon * Standard direct labor rate per hour

Standard labor cost per gallon = 2.1 hours * $18.70

Standard labor cost per gallon = $39.27

7 0
3 years ago
A firm always has a competitive disadvantage when its return on invested capital is:_________
Brilliant_brown [7]

Answer:

A firm always has a competitive disadvantage when its return on invested capital is:_________

D. below the industry average.

Explanation:

A firm's competitive disadvantage shows when the return on investment is below the industry average.  For instance, let us assume that Niposte, Inc. operates in the paper milling industry and that its return on investment of 10% falls below the industry average of 15%, then one can conclude that Niposte, Inc. is not favored in this industry.   The cause of such a situation for Niposte, Inc. may be that the ability of its management to turn revenue into profits for stockholders is hampered with excessive costs.  This is because the return on investment is a profitability ratio that shows how Niposte, Inc. and its competitors are performing in terms of generating profit from revenue through efficient management of operating costs.

4 0
3 years ago
L. Bowers and V. Lipscomb are partners in Elegant Event Consultants. Bowers and Lipscomb share income equally. M. Ortiz will be
Mama L [17]

Answer: See attachment and explanation

Explanation:

1. Ortiz purchased a 20% interest for $20,000.

Total capital after the admission of the partner will be:

= ($96000 - $4000) + ($40000 - $4000) + $20000

= $92000 + $36000 + $20000

= $148000

The share of new partner in the capital structure will be:

= Total capital × Interest of new partner

= $148000 × 20%

= $29600

There'll be a deficiency in the profit which the existing partner contributes to and this will be:

= $29600 - $20000

= $9600

Then each partner shares =$9600/2 = $4800

2. Ortiz purchased a 30% interest for $60,000.

Total capital after the admission of the partner will be:

= ($96000 - $4000) + ($40000 - $4000) + $60000

= $92000 + $36000 + $60000

= $188000

The share of new partner in the capital structure will be:

= Total capital × Interest of new partner

= $188000 × 30%

= $56400

Since the share is less than the amount of $60000 bought in, the existing partner will be compensated in the amount of ($60000 - $56400) = $3600. Therefore each partner gets $3600/2 = $1800

Check attachment for the journal entries.

5 0
2 years ago
What is an expenses?
Lelu [443]

Answer:

It’s like the price or the cost

Explanation:

5 0
2 years ago
Read 2 more answers
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