AGOA or African Growth and Opportunity Act purpose is to use
a better trade access to the US market as a spur for the growth of economy in
sub-Saharan Africa by urging the governments to build free markets and opening
their economies.
Answer: $21,000
Explanation:
Financing activities refer to those that a company engages in, in relation to capital needed to run the affairs of the business which means it included Equity and Debt.
Financing Activities: Interest paid, dividends paid, money borrowed from bank, stock repurchase
Net cash flows from financing = Money borrowed from bank - Interest paid - dividends paid - Stock repurchase
= 50,000 - 6,000 - 8,000 - 15,000
= $21,000
No. 1. A private company is a company which by its articles restricts the right to transfer its shares, if any, limits the number of its members to 50. A public company means a company which is not a private company. 2. In a Private limited company a minimum number of 2 directors is essential.
The members of OPEC that would be in favor of high prices due to the small oil reserves that they have would be the countries in Africa
- Ecuador
- Angola
- Tunisia
- Gabon
<h3>What is OPEC?</h3>
This is an organization of the petroleum producing countries of the world.
Due to a rise in the oil prices now, these nations would most likely be favored in the sales of their products
Read more on OPEC here: brainly.com/question/26412451
If the exchange rate rises, then the quantity of dollars demanded decreases because with the higher u. S. Exchange rate, u. S. Exports decreases.
What happens when the exchange rate decreases?
- A fall in the exchange rate is known as a depreciation in the exchange rate (or devaluation in a fixed exchange rate system).
- It means the currency is worth less compared to other countries.
- For example, a depreciation of the dollar makes US exports more competitive but raises the cost of importing goods into the US.
What does a rise in exchange rate mean?
- When an exchange rate changes, the value of one currency will go up while the value of the other currency will go down.
- When the value of a currency increases, it is said to have appreciated.
- On the other hand, when the value of a currency decreases, it is said to have depreciated.
Learn more about Exchange rate and export here:
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