Answer: True
Explanation: You are better off. This is because the loan is being paid back with cash that has a lower buying power today, than it had when you first acquired the loan, or even before then.
The inflation rate increases but still stays below the nominal interest rate. This strengthens the value of the currency, lowering its purchasing strength, especially internationally. This means that less dollars will be needed today, to pay off ghetto loan, than 10 years later, when the loan was acquired.
I'd say choice A is the most important because you want to seem like a good, responsible employee
Answer:
= - $1050
Explanation:
Current Account:
Balance of Trade negative -$600
Balance of Services = +$50
Net Income on Investments negative −$400
Net Transfers -$100
current account (-$600+$50−$400-$100) - $1050
Exports of Goods +$9,900
Imports of Goods - $10,500
Exports of Services +$350
Imports of Services -$300
Income Received on Investments +3,300
Answer:
The correct answer is letter "C": General Agreement on Tariffs and Trade (GATT).
Explanation:
The General Agreement on Tariffs and Trade (<em>GATT</em>) is a treaty effective from 1948 that pursues fairness when it comes to international trade by reducing tariffs and that promotes equal treatment among countries. The GATT was replaced by the World Trade Organization (<em>WTO</em>) in 1995 under the same objectives but with more participation of the member nations.
Get a friend to print a second copy of his assignment