47% of United States exports in 2015 were the result of free trade agreements.
<h3>What is a free trade agreement?</h3>
A free trade agreement is a bilateral or multilateral agreement under international law to form a free trade area between cooperating states.
According to the above, a free trade agreement allows several countries to market (import and export) the products of their national companies to the other member countries of the agreement with greater ease and less tariffs.
The United States is a country that has established many free trade agreements with various countries, so the percentage of exports reached in 2015 was 47%.
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Answer:
Direct material used= $13,200
Explanation:
Giving the following information:
Womble, Inc., has beginning inventory of $200 and an ending inventory of $400 for a given period in which it purchased $13,400 worth of materials.
<u>To calculate the direct material used, we need to use the following formula:</u>
Direct material used= beginning inventory + purchases - ending inventory
Direct material used= 200 + 13,400 - 400
Direct material used= $13,200
Answer: Objective and Specific
Explanation:
According to the given scenario, the Starbucks is basically analyzing the market segments by using the proper marketing search process and it using the objective and the specific base of the segmentation for evaluating the each segments in the given data.
The main component of the segmentation is the objective that helps in reducing the overall risk in the decision process and also increase the overall efficiency of the product in the market.
Therefore, Objective and Specific is the correct answer.
Answer:
Interest
Explanation:
Opportunity cost of the money is the Interest that could have been earned on that money has the borrower saved it in the bank. Thus, the missing word here is Interest.
Explanation; A product is said to have reach its saturation point if such a product is no longer generating new demands due to factors such as competition, decreased need, obsolescence, etc.