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3 years ago

Which group primarily helps settle trade disputes?

Business

2 answers:

mash [69]3 years ago

7 0

World Trade Organization

sveticcg [70]3 years ago

3 0

The correct answer is B. World Trade Organization.

Disputes which are solved mostly by world trade organization are about promises which are broken.

They solve their dispute by making sure that if a member who violates the rules of trade laws will settle the dispute by multilateral system instead of unilaterally way of action.

The main aim of world trade organization to make sure that global trade commences predictably, freely, and smoothly.

It also embodies and creates ground rules for global trade which is among nations.

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Austin Company uses a job order cost accounting system. At the beginning of the year, the company's executives estimated that di

almond37 [142]

Answer:

$7.50 per direct labor hour

Explanation:

Calculation for the predetermined overhead allocation rate

Using this formula

Predetermined overhead allocation rate = Factory overhead/Direct labor hours

Let plug in the formula

Predetermined overhead allocation rate = $1,500,000/200,000 hours

Predetermined overhead allocation rate = $7.50 per direct labor hour

Therefore the predetermined overhead allocation rate is $7.50 per direct labor hour

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3 years ago

If the marginal propensity to consume is 0.50, how much would government spending have to rise to increase output by $10 comma

gizmo_the_mogwai [7]

Answer:

$5,000 billion

Explanation:

We know that

Government spending multiplier = 1 ÷ (1 - marginal propensity to consume)

Government spending multiplier = 1 ÷ (1 - 0.50)

Government spending multiplier = 1 ÷ 0.50

So, Government spending multiplier = 2

If the output is increased by $10,000 billion then, the government spending would rise by

= Output ÷ Government spending multiplier

= $10,000 ÷ 2

= $5,000 billion

5 0

3 years ago

Wetherald Products, Incorporated, has a Pump Division that manufactures and sells a number of products, including a standard pum

algol13

Answer:

Minimum transfer price = $86

Explanation:

Pump Division is operating at full capacity, hence it has no excess capacity

This implies that it can not produce enough to meet both the internal demand (from the Pool Division ) and external buyers.

Hence, it implies that Pump Division cannot accommodate the demands of the Pump Division at a price lower than the external price of $86. Any price lower than $86 would result into a loss in contribution.

To maximize and optimize the group profit, the minimum transfer price should be set as follows:

Minimum transfer price = External selling price at which Pump Division sells to outside customers

Minimum transfer price = $86

7 0

3 years ago

The range for daily sales for the week, $89,000, $75,000, $98,000, $66,000, and $99,000, is ________. a. $33,000. b. $85,400. c.

Ann [662]

Answer:

$33,000

Explanation:

The daily sales for a particular week is given as follows: $89,000, $75,000, $98,000, $66,000, $99,000

Range can be defined as the difference between the highest value and the lowest value within a particular set of number

From the question above;

The highest value is $99,000

The lowest value is $66,000

Therefore, the range for the daily sales for the week can be calculated as follows

Range= Highest value-Lowest value

= $99,000-$66,000

= $33,000

Hence the range is $33,000

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3 years ago

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3 years ago