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Aleks [24]
3 years ago
13

The agreements that set terms for various aspects of commercial relations with other countries such as the right to conduct busi

ness in the treaty partner's domestic market are called _____.
a. free trade agreements
b. treaty of establishment, commerce and navigation
c. friendship, commerce, and navigation treaties
d. trade and investment framework agreements
Business
1 answer:
Ivan3 years ago
8 0
The agreements that set terms for various aspects of commercial relations with other countries such as the right to conduct business in the treaty partner's domestic market are called <span>friendship, commerce, and navigation (FCN)  treaties. Correct answer: C
</span><span>This document includes several aspects: human rights, trade and investment protection in international diplomacy.</span>
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Answer:

Income elasticity = 2

Normal good

Explanation:

Below is the given values:

Percentage decrease in consumers income = 10%

Percentage decrease in quantity demanded = 20%

Use the below formula to find the income elasticity:

Income elasticity = % change in quantity demanded / % in income

Income elasticity = -20/-10

Income elasticity = 2

Since the elasticity is 2 that means good is normal good.

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A Is the correct answer I think CFO stands for Chief Financial Officer. 
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