Answer: One of the major<u> purposes</u> of the World Trade Organization is to encourage free trade among countries.
Explanation:
The World Trade Organization is the only international organization that deals with <u>global standards that regulate trade</u>. Its main function is to <em>ensure that commercial flows circulate as smoothly, predictably and freely as possible.</em>
Also it can :
- Make Trade negotiations.
- Stimulate economic growth and employment.
- Dispute settlement.
- Ensure application and monitoring.
- Contribute to peace and stability
Answer:
The Correct Answer is the Tigris river and the Euphrates river
Explanation:
Hope It Helps!
Transaction exposure deals with cash flows that result from existing contractual obligations.
The degree of uncertainty that businesses engaged in international trade must deal with is known as transaction exposure. It is also known as translation exposure or translation risk .
It is specifically the risk that exchange rates will change after a company has already committed to a financial obligation. These foreign enterprises are extremely vulnerable to changing exchange rates, which can result in significant capital losses.
Transaction exposure often carries only one side of the risk. The only company that might experience this vulnerability is one that completes a transaction in a foreign currency.
To learn more about transaction exposure click here :
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Answer:
W. Edwards Deming
Explanation:
William Edwards Deming was the famous engineer, lecturer, and management of the United States in the twentieth century. His most noted contribution laid in his methods of quality control, better design of product and extensive sale which proved to be a miracle for the economy of Japan after the second world war.
''The WBS provides a hierarchical structure that outlines the activities'' this statement is wrong about the work breakdown structure (WBS)
<u>Explanation:</u>
As clear from the name, work breakdown structure which is mostly used to manage projects of an organisation, is a way in which the project that is to be completed is divided into smaller components among the people of the team working on that project according to their capabilities to bring more efficiency in the project and to finish the project faster. It helps to identify the obstacles and risks related to the project in a better way.
