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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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When required, the information provided to the data subject in a HIPAA disclosure accounting …
Lana71 [14]

Answer:

A. must be more detailed for disclosures that involve fewer than 50 subject records.

Explanation:

The Health Insurance Portability and Accountability Act (HIPAA) of 1996 was a bill enacted by the 104th U.S Congress and was signed in 1996 by President Bill Clinton. It is a federal law that protects sensitive patient health information from being disclosed without their knowledge, approval or consent and payment of health care insurance for employees.

For example, an employee or worker can receive health insurance from his or her former employer even after changing job because of the Health Insurance Portability and Accountability Act (HIPAA).

When required, the information provided to the data subject in a HIPAA disclosure accounting must be more detailed for disclosures that involve fewer than 50 subject records.

3 0
2 years ago
The Wet Corp. has an investment project that will reduce expenses by $25,000 per year for 3 years. The project's cost is $20,000
Jlenok [28]

Answer:

c. $20,416.50

Explanation:

Cost of assets = 20,000

Depreciation year 1 = 33% * 20,000 = $6,666

Annual cost saving = 25,000

Tax rate = 25%

Operating cash flow Year 1 = Cost saving*(1 - tax) + Tax*Depreciation

Operating cash flow Year 1 = 25,000*(1-0.25) + 0.25*6,666

Operating cash flow Year 1 = 25,000*0.75 + 0.25*6,666

Operating cash flow Year 1 = 18750 + 1666.5

Operating cash flow Year 1 = $20,416.5

So, the cash-flow from the project in year 1 is $20,416.50

8 0
2 years ago
1. Assume the football team is set up as a C corporation and that Lenny, Sarah, and Sam are the shareholders. The team is sued f
Butoxors [25]

Answer:

The corporation may have liability, but not the individual owners.

Explanation:

A c-corporation have a limited liability which means that the liability of the company cannot be extended to shareholders. It is only limited to the amount invested by the shareholders.

Therefore, the shareholders of the c - corporation won't be personally affected by the law suit.

A c- corporation is a form of corporation where the shareholders are taxed separately. In addition to taxing shareholder, corporate income is also taxed which leads to a double taxation.

3 0
3 years ago
Refries Refrigerator Company manufactures ice-makers for installation in refrigerators. The costs per unit for 20,000 units of i
Elis [28]

Answer:

c. $600,000 vs. $528,000.

Explanation:

The computation of the relevant cost of make & buy is given below:

Total relevant cost of making the product is

= (cost per unit - unavoidable fixed cost per unit ) × 20,000 units

= ($34 - $4 ) × 20,000 units

= $600,000.

And, Total relevant cost of buying is

= (cost of buy per unit × 20,000 units ) - Contribution sale of water filtration = ( $28 × 20,000 units ) - ($80,000 - 60% of $80,000)

= $528,000

hence, the option c is correct

4 0
3 years ago
why profit maximization happens at the point where MR = MC, and not where MR is greater than MC. Refer to Figure 7.2. in the tex
qwelly [4]

Answer:

loadinghhggggggggbbhhgff

hhhhhhhjjjjjjjjhytrtttyy6yyy

hhhhhhhhhhhhhhh

3 0
3 years ago
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