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vova2212 [387]
3 years ago
12

Explain the life of King Otto I.

History
1 answer:
Veronika [31]3 years ago
6 0

\huge\boxed{\fcolorbox{red}{orange}{Answer }}

King Otto l was was German king from 936 and Holy Roman Emperor from <em><u>962</u></em> until his death in <em><u>973</u></em>. He was the oldest son of Henry I the Fowler and Matilda.

Otto inherited the Duchy of Saxony and the kingship of the Germans upon his father's death in 936. He continued his father's work of unifying all German tribes into a single kingdom and greatly expanded the king's powers at the expense of the aristocracy. Through strategic marriages and personal appointments, Otto installed members of his family in the kingdom's most important duchies. This reduced the various dukes, who had previously been co-equals with the king, to royal subjects under his authority. Otto transformed the Roman Catholic Church in Germany to strengthen royal authority and subjected its clergy to his personal control.

Father -- Henry the Fowler

Mother -- Matilda

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NAFTA has six main advantages. According to a Congressional Research Service report prepared in 2017, the act has more than tripled trade between Canada, Mexico, and the United States since it was enacted.1  The agreement reduced and eliminated tariffs. Second, greater trade increased economic output. While it is challenging to weigh the impact of NAFTA given the variety of factors involved, experts estimated that full NAFTA implementation would U.S. growth by as much as 0.5% a year.2  Third, while there are varying estimates, stronger growth created jobs. According to a 2010 report, U.S. free trade agreements – the lion's share of which stemmed from the NAFTA agreement – directly supported 5.4 million jobs, while trade with these countries supported 17.7 million.3   Fourth, foreign direct investment (FDI) more than tripled. The United States increased FDI in Mexico from $15.2 billion in 1993 to $104.4 billion in 2012, and from $69.9 billion in Canada in 1993 to $352.9 billion in 2015. Mexico ramped up investment in the United States by 1283% over the same time period, while Canada's FDI increased by 911%. Fifth, NAFTA lowered prices. U.S. oil imports from Mexico cost less because NAFTA got rid of tariffs. That reduces America's reliance on oil from the Middle East. Low-cost oil reduces gas prices, which reduces transportation cost. Food prices are lower in turn. 4  Sixth, the agreement helped with government spending. Each nation's government contracts became available to suppliers in all three member countries. That increased competition and lowered costs.

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Despite these advantages, the United States, Mexico, and Canada renegotiated NAFTA on September 30, 2018. The new deal is called the United States-Mexico-Canada Agreement. It must be ratified by each country's legislature. Trump has called for Congress to ratify it within six months.14  If not ratified, it the U.S. will revert to pre-NAFTA trade conditions. If ratified, it will go into effect in 2020. The Trump administration renegotiated with the aim of lowering the trade deficit between the United States and Mexico.15  The new deal changes NAFTA in six major areas.16  

Explanation:

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