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Luba_88 [7]
2 years ago
11

The trade agreement that began as advocating for free trade among nations and ended up as a confusing repository for a multitude

of bilateral agreements that established quotas on textiles and apparel is known as_______.
Business
2 answers:
Sati [7]2 years ago
8 0

Answer:

The correct answer is: General Agreement on Tariffs and Trade (GATT).

Explanation:

The General Agreement on Tariffs and Trade (GATT) born as a need to have a set of rules regulating international trade after World War II (1939-1945). In 1995 the GATT was replaced by the World Trade Organization (WTO) which is an organization with wider member contribution. The GATT was seen as confusing for some countries.

As a result, countries with a better understanding of GATT would impose levies on others but those others would not know why exactly because of their poor knowledge of the guidelines. They were simply prone to retaliate under such a scenario with more taxes.

Vera_Pavlovna [14]2 years ago
4 0

Answer:General Agreement on Tariffs and Trade(GATT)

Explanation:

The General Agreement on Tariffs and Trade (GATT) can be referred to as legal agreement between two or more nations, whose overall purpose is to promote international trade by reducing or eliminating trade barriers such as tariffs etc

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The VP of Customer Experience at an international hotel chain is constantly looking for ways to improve customer service, whethe
mojhsa [17]

Answer:

The correct answer is Points of interaction.

Explanation:

The term touchpoint refers to all the points of contact between the client and a brand “that imply an interaction with a human need, at a specific time and place” (Risdon, 2013).

If there is an interaction then there is also an exchange of value between the individual and the organization. And professionals in Customer Experience have to understand what kind of value flows. We must ensure that the perceived value is greater than the cost.

On the other hand, the fact that an interaction occurs before a specific human need tells us that we must know what drives it. The need is what marks the nature of the interaction. In other words, the design of an experience changes radically depending on the needs involved.

8 0
3 years ago
A profit-maximizing firm in a competitive market that is producing on a production curve where the marginal product of labor is
wlad13 [49]

Answer: A. a downward-sloping labor demand curve.

Explanation:

If the marginal product of labor is diminishing then that means that for every extra worker hired, less products are made than the last worker. As a result of this, companies will not want to pay high wages to workers because they would be bringing in less revenue when hired.

This will cause a downward-sloping labor demand curve that shows that as more workers are hired, the company would like to pay less wages because each new worker is only producing less than the last worker.

8 0
3 years ago
Motorcycle Manufacturers, Inc., projected sales of 54,500 machines for the year. The estimated January 1 inventory is 6,860 unit
MrRa [10]

Answer:

55,060 machines

Explanation:

Projected sales = 54,500

Estimated opening balance = 6,860

Desired ending balance = 7,420

Budgeted production = ?

Let the budgeted production be B

Using the formula

Opening balance + Budgeted production - Sales = Closing balance

6,860 + B - 54,500 = 7,420

B = 7,420 + 54,500 - 6,860

B = 55,060

The budgeted production for the year is 55,060 machines.

4 0
3 years ago
Money market mutual funds invest in a. corporate stock. b. federal government Treasury bonds. c. corporate bonds. d. federal gov
Alekssandra [29.7K]

Answer:

the asnwer is A

Explanation:

Have a wonderful day

5 0
2 years ago
Use the following information of VPI Co. to prepare a statement of cash flows for the year ended December 31 using the indirect
Ann [662]

god help you with this homework

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2 years ago
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