Answer:
B. Customs union
Explanation:
Custom Union is a trade relationship agreed on by two or more countries in which they decided to remove barriers to free trade, such as removing heavy cost duties, high tariffs, between agreeing nations. It is considered a form of economic Integration.
The main aim of custom unions is to allow free trade between member Sates. It also helps to reduce administrative bottle neck and financial burdens which could be barriers to trading.
Social disorder, perfectionist, just remembering physiology. ..
Answer:Capitalism had too many limits
Explanation:
Answer: Interest expense = $45500
Cash outflow = $45500
Explanation:
Based on the information that were given in the question, the amounts of interest expense and cash flows from operating activities, that will be reported in the financial statements for the year ending December 31, Year 1 will be calculated thus:
Interest expense = $700,000 × 6.50%
= $700,000 × 0.065
= $45500
The interest expense of $45500 will be reported on December 31, Year 1 in the income statement and will also be reported in the cash outflow as well. Therefore,
Interest expense = $45500
Cash outflow = $45500
