Answer:
overcome the challenge of deciding about further enlargement
Explanation:
The World Trade Organization main goal is to eliminate both tariff and non-tarrif barriers in world trade. It has 164 members states, and has been largely successful in this goal.
These achievements, as well as the achievements of other multilateral trade agreements help the European Union overcome debates about further enlargement and integration because not only do they lay the foundation for future economic integration, but also they represent empirical evidence that proves that economic integration is largely benefitial to signing countries.
Answer:
A. double
Explanation:
Rule 70 is used to calculate the numbers of years it takes for an investment or variable to double in value given a certain growth rate. In this case, the variable is prices and the growth rate is inflation rate. It is calculated by dividing number 70 by inflation rate.
For example;
Assume inflation rate is 6%, the prices will double in ; 70/6 = 11.7 years
And if inflation is 2%, the prices will double in 70/2 = 35 years
The answer is B. examples
Answer:
The Correct Statement is "Discretionary fiscal policy is less effective than is implied by the early Keynesian view".
Explanation:
The growth within the government spending once the budget is in the recession is operative to extend and to the financial gain. However, not decline the rate of interest. The budget throughout recession is during a liquidity deception. The rate of interest is at lowest and also the LM curve is horizontal at small levels of financial gain.
The growth within the government spending ends up in a rightward move of the IS curve that will increase the financial gain. This is often as a result of that the rate of interest is at such a coffee level that the rise within the speculation by the govt. couldn't displace the non-public asset.
Conversely, the Keynesian or non-Keynesian approve that economic policy has its restriction to extend the financial gain throughout a recession.
The unrestricted economic policy has downside to extend the extent of financial gain because it could be a move of the supply of asset from non-public organization to public organization.
It is not necessary to periodically monitor the purchasing function’s performance against a set of standards or industry benchmarks is False statement.
Explanation:
Monitoring purchasing is important for successful management and continuous improvement of the purchasing method. Purchasing assessment provides the buying team with valuable input as well as top management to determine the efficacy of the buying methods and decision-making processes of a company.
An organization's overall success is significantly influenced by how well the purchasing role will relate to the objectives and priorities of the company. An obvious efficiency indicator of any procurement department's progress is the amount of money the firm saves.
