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andriy [413]
3 years ago
14

Three countries enter into an agreement to remove all tariffs and trade barriers between them. They decide on a common trade pol

icy with regard to nonmembers. Faced with political backlash, the countries stop short of allowing mobility of factors of production such as labor and capital. Which of the following levels of economic integration best describes this arrangement?
A. Political union
B. Customs union
C. Common market
D. Economic union
E. Political union
Business
1 answer:
sveta [45]3 years ago
8 0

Answer:

B. Customs union

Explanation:

Custom Union is a trade relationship agreed on by two or more countries in which they decided to remove barriers to free trade, such as removing heavy cost duties, high tariffs, between agreeing nations. It is considered a form of economic Integration.

The main aim of custom unions is to allow free trade between member Sates. It also helps to reduce administrative bottle neck and financial burdens which could be barriers to trading.

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es $ 160,000 Accounts receivable increase $ 10,000 Expenses: Inventory decrease 16,000 Cost of goods sold 100,000 Salaries payab
BARSIC [14]

Answer:

                                   Statement of Cash Flows

Cash from operating activities

Net Income                                                                                         $24,000

Adjustments to reconcile net income with

net cash flow from operating activities:

Depreciation                                                                12,000

Increase in accounts receivable                                (10,000)

Decrease in inventory                                                 16,000

Salaries payable increase                                      <u>     1,000             $19,000</u>

Net cash flow : Operating activities                                                  $43,000

8 0
4 years ago
Convertible bonds are attractive to investors because a.they can be converted into stock at a future time. b.they carry a conver
german

Answer:

a. they can be converted into stock at a future time.

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time.

Generally, the bond issuer is expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

A convertible bond can be defined as a type of bond that avails the bondholder the opportunity, right or obligation to convert the bond into a predetermined (fixed or specific) number of shares of common stock in the company issuing the bond. Thus, this feature or characteristics of convertible bonds make them attractive to bondholders (investors) because they can be converted into stock at a future time or at the issuer's option.

6 0
3 years ago
Why is segmentation for a small business more refined than for a large business?
andrew-mc [135]

Answer:

d. identifying local market characteristics can help the business owner better reach the market​

Explanation:

Market segmentation is classifying customers into smaller groups based on various characteristics.  The characteristics may include age, gender, income levels, preferences, lifestyles, and geographical locations.

Small business operates within a certain geographical area. The business owner or managers probably live in that area. The owner understands the culture, needs, and wants of the customers.  The small business can, therefore, provide the goods and services that will satisfy the needs of different groups of customers.

Because a small business operates in a smaller area, its customer's needs are less likely to extremely divergent. Small businesses can, therefore, create more refine segments than a large enterprise serving customers in different regions.

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Answer:

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3 years ago
What can a producer gain by specializing?
IgorC [24]

Answer:

Specialization is when a country or producer limits the types of goods they make to specialize in one item and make so much of it that they can send it to other countries. For example, USA specializes in corn becuase we can easily make it so we send it to other countries all over the world.

6 0
3 years ago
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