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Svetradugi [14.3K]
3 years ago
15

Based on what you have learned, why does the ITA believe that fair trade is important to US businesses and to the world?

Business
2 answers:
Anastaziya [24]3 years ago
7 0
T<span>he ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.</span>
Bingel [31]3 years ago
6 0

The sample response on Edg. is:  The ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.

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Two brothers each open IRAs in 2009 and plan to invest $3,000 per year for the next 30 years. John makes his first deposit on Ja
Goryan [66]

Answer:

Future value of John's investment

FV = A<u>(1+r)n+1 - (1+r) </u>

                   r

Fv = $3,000<u>((1 + 0.07)30+1 - (1 +0.07))</u>

                           0.07

FV = $3,000<u>((1.07)31 - (1.07)</u>

                            0.07

FV = $3,000 x 101.0730414

FV = $303,219

Future value of Bill's investment

FV = A<u>((1 + r)n - 1)</u>

                r

FV = $3,000 <u>((1 + 0.07)</u>30 - 1)

                          0.07

FV = $3,000<u>((1.07)30 - 1) </u>

                        0.07

FV = $3,000 x 94.46078632

FV = $283,382

The difference in the value of IRAs

= $303,219 - $283,382

= $19,837

The correct answer is A

Explanation:

In the first case, we need to apply future value of annuity due formula since deposits are made at the beginning of each year.

In the second case, we need to apply future value of an ordinary annuity formula since deposits are made at the end of each year.

6 0
3 years ago
Ralph, a regional sales manager, was asked to analyze whether his company should launch a marketing effort to become Right Foods
podryga [215]

Answer:

Switching cost

Explanation:

Switching cost is defined as the cost that is incurred in the course of changing from one supplier to another.Switching cost can be in monetary terms like compensation and termination fees and also in non monetary terms like time , effort and psychological stress.

In the given scenario , the defined activities of Right foods and the intention of Ralph clearly point out the process of potential switch of suppliers , even as the potential switching cost of $0.5 million for termination and $100,000 for replacing of software and retraining of staff are apparent.

4 0
2 years ago
Three students have each saved $1,000. Each has an investment opportunity in which he or she can invest up to $2,000. Here are t
Scorpion4ik [409]

Answer:

Student Money a Year Later:

Harry = Money saved + student return * money saved = $1000 + (5% * 1000) = $1050

Ron = Money saved + student return * money saved = $1000 + (8% * 1000) = $1080

Hermione = Money saved + student return * money saved = $1000 + (20% * 1000) = $1200

Explanation:

a) Student Money a Year Later:

Harry = Money saved + student return * money saved = $1000 + (5% * 1000) = $1050

Ron = Money saved + student return * money saved = $1000 + (8% * 1000) = $1080

Hermione = Money saved + student return * money saved = $1000 + (20% * 1000) = $1200

b) A  student would choose to be a borrower in this market if his or her expected rate of return is greater than the interest rate and lends if his or her expected rate of return is less than the interest rate

c) If interest = 7%, Harry would want to lend while Ron and Hermione would want to borrow. The quantity of funds demanded would be $2,000, while the quantity supplied would be $1,000. If interest = 10%, only Hermione would want to borrow. The quantity of funds demanded would be $1,000, while the quantity supplied would be $2,000.

d) At an interest rate of 8%, the loanable funds market among these three students would be in equilibrium. At this interest rate Hermione would want to borrow, and Harry would want to lend.

e) At equilibrium:

Harry =  $1000 + (8% * 1000) = $1080

Ron = $1000 + (8% * 1000) = $1080

Hermione = $2,000(1 + 0.20) – $1,000(1 + 0.08) = $2,400 – $1,080 = $1,320

Both borrowers and lenders are better off. No one is worse off

4 0
3 years ago
Which of the following distribution systems offers speed and reliability when emergency supplies are needed overseas?A. railroad
erik [133]
<h3>Hello there!</h3>

Your question asks which is a fast and reliable source for emergency supplies that are needed overseas.

<h3>Answer: B). Airfreight</h3>

The reason why answer choice "B). Airfreight" is the correct answer because this is the distribution system that is the quickest to get things overseas.

When you think about going overseas, what do you use? A plane. When you think about going somewhere international, what do you use? A plane. That is the same concept when you're sending things overseas, you would use some sort of air craft to get it overseas.

An airfreight is a really big air craft that can transport tons and tons of supplies, items, etc. An airfreight can go over the ocean and to its destination very quickly. The plane can go hundreds and hundreds of miles per hour for a long period of time. This is why people would use an air freight to deliver emergency supplies overseas.

<h3>Why the other answer choices are incorrect:</h3>

Answer choice "A). railroads" is incorrect because railroads can't go overseas. Have you seen railroads built over the ocean? Absolutely not. Therefore, trains can't go over the ocean because there's no railroads built over the ocean. This is why this answer choice is incorrect.

Answer choice "C). trucking" is incorrect because there is no road over the ocean, therefore the travel path would be cut off for the trucks. In order for the trucks to go overseas, they would need to be transported on a boat, in which would take a long time. This is why this answer choice is incorrect.

Answer choice "D). pipelines" is incorrect because pipelines don't extend to places that are overseas, and pipelines would not be a safe thing to use to get emergency equipment distributed. This is why this answer choice is incorrect.

Answer choice "E). waterways" is incorrect because water ways are just water, large bodies of water to be exact. There is no transportation system in waterways, therefore making this answer choice incorrect.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
3 0
3 years ago
Der the town of Econville with a population of 5,000 people. There are 1,000 high school students, 1,000 undergraduate students,
zepelin [54]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

5 0
3 years ago
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