Answer: Experiencing declining production capacity because net investment is negative
Explanation:
Investment in a country includes capital Expenditure such as buildings, roads, inventory and etcetera which contribute to the production capacity of the Nation.
Net Investment is calculated by subtracting Depreciation from the Gross Private Domestic Investment. When Net Investment is negative, it means that the Production capacity of the nation is weakened and declining because the Investment available is not able to produce as much.
In the country described, the Net Investment is,
= Gross Private Domestic Investment - Consumption of Fixed Capital (Depreciation)
= 46 - 52
= -$6 billion
The Net Investment for this Economy is negative showing a declining production capacity.
Answer:
spending more to improve quality of product according to customers expectations
Answer:
the total general and admin expense is $8,200
Explanation:
The computation of the total general and admin expense is given below:
Administrative salaries $4,300
Other cash administrative expenses $1,700
Depreciation $2,200
General and administrative expenses budget $8,200
hence, the total general and admin expense is $8,200
We simply added the above 3 items so that the correct value could come
Answer:
a. It allowed freer trade opportunities for the United States, Canada, and Mexico.
Explanation:
NAFTA is North American Free Trade Agreement.
NAFTA is a trade agreement that was formed to encourage increased economic activity among the three countries in North America. The deal came into force on January 01, 1994. It involved the countries of Canada, Mexico and the United States of America.
The formation of NAFTA created the second-largest free trade area in the world in geographic coverage. Its purpose is to encourage trade corporation in the region. To achieve that, NAFTA proposed a reduction or elimination of tariffs, particularly those related to the automobile, agriculture and textile industries. The tariffs were gradually phased out between Jan 1. 1994 and Jan 1. 2008
