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3 years ago

Select the answer that most accurately describes the effects of NAFTA.

2 answers:

7 0

The answer is "c. It is difficult to assess all the results of NAFTA, but most economists agree that NAFTA has been beneficial to the countries involved".

The North American Free Trade Agreement (NATFA) was the entryway through which American specialists were pushed into the neoliberal worldwide work showcase.

By building up the rule that U.S. partnerships could move generation somewhere else and move once again into the United States, NAFTA undercut the bartering intensity of American specialists, which had driven the extension of the white collar class since the finish of World War II. The outcome has been 20 years of stale wages and the upward redistribution of salary, riches and political influence.

Zielflug [23.3K]3 years ago

5 0

The answer is C

hope this helps

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Exsplain gross premium

Neporo4naja [7]

The gross premium is the total premium paid by the policy owner, and generally consists of the net premium plus the expense of operation minus interest

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3 years ago

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Juan, the owner of Quality Catering, is driven by competition. He is very focused on meeting deadlines and quality, and on deliv

olga2289 [7]

Answer: His employees are regularly rewarded for their success in meeting company goals. Quality Catering has a market culture.

Market culture is a type of organizational culture which accentuate on the aggressiveness not only within the administration and market contender but also between worker. The model is assertive, competitive and capitalistic.

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3 years ago

Aviation Systems sells its products with a three-year manufacturing warranty. The company's sales revenue is $600,000. Based on

Vikki [24]

Answer:

$30,000

Explanation:

Warranty liability is a liability account used to report the expected amount of repairing or replacing products already shipped. It's a contingency liability and it should be recorded independently from the actual warranty costs. Therefore, warranty liability, in this case, is:

$600,000 * 0.05 = $30,000

The estimated warranty liability reported in the balance sheet this year is $30,000

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3 years ago

Let's consider the effects of inflation in an economy composed of only two people: Bob, a bean farmer, and Rita, a rice farmer.

34kurt

Answer:

See below.

Explanation:

Lets first calculate inflation using the formula for Consumer Price Index

Inflation for a good = (Year 2 price - Year 1 price / Year 1 price) * 100

Using the above formula we can calculate inflation when Beans = $2 and Rice = $6.

Inflation for Beans = (2-1/1) * 100 = 100%

Inflation for Rice = (6-3/3) * 100 = 100%

Since each of them use rice and beans in equal proportions we assign them weights of 0.5 each,

Inflation Total = 0.5 * 100 + 0.5 * 100 = 100%

We assume Bob and Rita form a transnational relation and as such neither is worse off because the exchange rate between them remains the same,

Exchange rate before inflation = 3/1 = 3, Bob can buy 1 Rice by selling Rita 3 Beans.

Exchange rate after inflation = 6/2 = 3, so Bob can still buy 1 Rice by selling Rita 3 Beans.

B) For Prices 2 and 4 we use the above formulas,

Total Inflation = (2-1/1)*100*0.50 + (4-3/3)*100*0.50 = 66.66%

Bob is better off and Rita Worse off as the exchange rate for Bob has improved He can acquire 1 Rice for 4/2 = 2 Beans instead of 3 he needed before. Rita needs to sell him more to maintain her consumption but since they always consume same amount, she is worse off.

C) For Prices 2 and 1.5.

Total Inflation = (2-1/1)*100*0.50 + (1.5-3/3)*100*0.50 = (50-25) = 25%

Bob is now worse off and Rita better off as the Exchange rate change has favored Rita. Rita now only needs to sell 1 rice to obtain 2/1.5 = 1.3 units of Beans. Bob will have to sell more to maintain his initial consumption level.

Bob and Rita are more concerned with their rate of exchange which is the change in real terms. As long as the changes are proportional and there are no third actors in the economy model, the 2 agents are not affected at all. What matters to them is their transnational rate and not inflation on the whole in this case.

Hope that helps.

5 0

3 years ago

How Carnegie used vertical integration to reduce competition and make his business more profitable?

fomenos

Carnegie used vertical integration to reduce competition and make his business more profitable Vertical Integration was incorporated into everything from mining the ore and coal, to shipping it to the factories, and etc. With the flow from one business to another Carnegie was able to protect the profit made by keeping it all in a sort of cycle formation within the family. This prevented competitor companies from being able to cut down availability on the market as well as raising prices on the stock.

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3 years ago