Answer:
What are the major regions and industries that the agreement would positively affect?Major regions this agreement would positively affectis Europe and the United States.
What are some of the current tariffs or barriers to trade?Specific tariffs.
Ad valorem tariffs.
Licenses.
Import quotas.
Voluntary export restraints.
Local content requirements
How will consumers benefit from this trade agreement?A central tenet of international economics is that lowering trade barriers increases welfare. Trade agreements between countries lower trade barriers on imported goods and, according to theory, they should provide welfare gains to consumers from increases in variety, access to better quality products and lower prices.
Explanation:
Answer:
16 chocolate bars
Explanation:
first subtract 15-3=12
the equation would be 12x/0.75 and x represents the number of chocolate bars
divide 12/0.75=16
so the answer is 16 chocolate bars
The probability of the teenager owning a skateboard or a bicycle will be 0.46 or 46%. And the events are mutually exclusive.
<h3>What is the
addition rule of size for two subsets?</h3>
For two subsets A and B of the universal set U, we have:
P(A ∪ B) = P(A) + P(B) - P(A ∩ B)
The probability of a new york teenager owning a skateboard is 0.37, of owning a bicycle is 0.36, and of owning both is 0.27.
Then the probability of the teenager owning a skateboard or a bicycle will be
P(A ∪ B) = 0.37 + 0.36 - 0.27
P(A ∪ B) = 0.73 - 0.27
P(A ∪ B) = 0.46
Thus, the probability of the teenager owning a skateboard or a bicycle will be 0.46 or 46%.
The events are mutually exclusive.
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Answer:
The correct answer drun-ken-ness
Explanation:
You didn't give the answer choices, but since I already done this question, it's drun-ken-ness.
The formula to determine the multiplier(M) is:
M = 1 / (1 – MPC)
where:
MPC=Marginal propensity to consume
What Is a Multiplier?
A multiplier is a broad term in economics that refers to an economic factor that, when increased or changed, causes increases or changes in many other related economic variables. In terms of GDP, the multiplier effect causes total output gains to be greater than the change in spending that caused it.
Typically, the term multiplier refers to the relationship between government spending and total national income. The deposit multiplier is another multiplier used to explain fractional reserve banking.
Often the multiplier formula is considered to be too simple because it ignores some real-world complications. The Reason is:
Option A. The formula ignores the impact of an increase in GDP on consumption.
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