All categories

3 years ago

Which countries signed in the North American Free Trade Agreement in 1992?

Business

1 answer:

TEA [102]3 years ago

4 0

The correct answer is Canada, the United States, and Mexico

Explanation:

The North American Free Trade Agreement or NAFTA was an economic alliance between three important countries: Canada, the United States, and Mexico (main countries in North America). Additionally, the purpose of this alliance was to facilitate trade between these countries, and in this way promote the development of the economy in these territories. In terms of history, all countries signed for the agreement in 1992, but the alliance was official only in 1993 because of the opposition of some citizens and groups. Thus, in 1992 Canada, the United States, and Mexico signed this agreement.

You might be interested in

Even though it was extra work for the company to implement, Johan was happy that consumers had asked for a better grade of plast

aliya0001 [1]

It should be noted that the competitive advantage of Johan's company is being affected by Demand conditions.

<h3>What are Demand conditions?</h3>

Demand conditions can be regarded as the size and nature of the customer base for products, and this usually bring about innovation and product improvement.

This is why Johan was happy that consumers had asked for a better grade of plastic for the toys his company produced.

Learn more about Demand conditions at:

brainly.com/question/4804206

7 0

2 years ago

Which is most true of an annual rate of 4% compounded quarterly? A) It is equivalent to 4.4% paid annually. B) It is equivalent

Artemon [7]

Answer:

D) It is equivalent to 4.06% paid annually

Explanation:

Since it is not talking about annuity and simple compound interest, therefore assuming investment value = $100 then interest will be as follows:

Interest for each quarter = $\frac{4}{100} \times \frac{3}{12}$ = 1%

But this 1% will be paid on the compounded value

Interest at end of Quarter 1 = $100 X 1% = $1

Compounded value at end of Quarter 1 = $100 + $1 = $101

Interest at end of Quarter 2 = $101 X 1% = $1.01

Compounded value at end of Quarter 2 = $101 + $1.01 = $102.01

Interest at end of Quarter 3 = $102.01 X 1% = $1.0201

Compounded value at end of Quarter 3 = $102.01 + $1.0201 = $103.0301

Interest at end of Quarter 4 = $103.0301 X 1% = $1.030301

Compounded value at end of Quarter 4 = $103.0301 + $1.030301 = $104.060401

Now net return annually = $4.060401/$100 = 4.06%

Final Answer

D) It is equivalent to 4.06% paid annually

6 0

3 years ago

So sánh nên kinh tế tự nhiên và kinh tế thị trường

natita [175]

Kinh tế tự nhiên là trong nền kinh tế tự nhiên, sản xuất nhỏ chiếm ưu thế. Nền kinh tế tự nhiên do nhiều đơn vị kinh tế thuần nhất hợp thành và mỗi đơn vị kinh tế ấy làm đủ việc để tạo ra những sản phẩm cuối cùng.

Thị trường giữ vai trò là công cụ phân bổ các nguồn lực kinh tế. Trong quá trình trao đổi, các yếu tố thị trường như giá cả, có tác động điều tiết quá trình sản xuất hàng hóa phân bổ các nguồn lực kinh tế và tài nguyên thiên nhiên như vốn, tlsx, nguồn vật tiền lương… đều do các cấp có thẩm quyền quyết định

7 0

3 years ago

what is it called when raising the price of a good will increase the firm's total revenue, decreasing the price will decrease th

frozen [14]

Answer:

total revenue test: elastic. If demand is elastic, a decrease in price will increase total revenue, and an increase in price will reduce total revenue. total revenue: inelastic.

Explanation:

6 0

3 years ago

On April 1, 2014, Headland Inc. entered into a cost-plus-fixed-fee contract to construct an electric generator for Altom Corpora

MA_775_DIABLO [31]

Answer:

Gross profit to be recognized = $196,140

Explanation:

Headland Inc.

Gross profit to be recognized by Headland at December 31, 2014 ending

Estimated contract cost $1,962,000

Fixed fee $467,000

Total $1,962,000+ $467,000) $2,429,000

Total estimated cost $1,962,000

Gross profit ($2,429,000- $1,962,000) $467,000

percentage of completion:( $829,900/1,962,000) 42%

Gross profit to be recognized: $467,000*42% $196,140

4 0

3 years ago