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natka813 [3]
3 years ago
8

What did passage of NAFTA do?

Business
2 answers:
Dovator [93]3 years ago
6 0

Answer:

It reduced tariffs and quotas among the United States, Canada, and Mexico.

Explanation:

balu736 [363]3 years ago
3 0

Answer:

It reduced tariffs and quotas among the United States, Canada, and Mexico.

Explanation:

NAFTA is an abbreviation for the North American Free Trade Agreement.  NAFTA is trade agreement  between Mexico, Canada and the United States. The effective date of the treaty was January 1, 1994.

Before Nafta, the three counties held other previous agreements. Nafta came to broaden trade among these countries.  By Eliminating tariffs, establishing standards among other agreements, Nafta made The US, Mexico, and Canada the most extensive free market in the world.

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Net working capital decreases when: A. a dividend is paid to current shareholders. B. a new 3-year loan is obtained with the pro
dsp73

Answer:

A. Dividend is paid to current shareholders.

Explanation:

This is simply said to be the aggregate amount of all current asset and also all current liability of an investment. It is used in measuring the short term liability of a business by subtracting the current liability from the current asset.

In some cases, it can be tagged a company’s current assets, such as cash, accounts receivable, inventories of goods etc. Many companies sum their's by calculating cash plus accounts receivable plus inventories, less accounts payable and less accrued expenses. This is why it is seen to decrease when dividend is paid to current shareholders.

5 0
3 years ago
The principle of monetary neutrality implies that an increase in the money supply will
8090 [49]

Answer:

The correct answer is letter "B": increase the price level, but not real GDP.

Explanation:

The neutrality of money principle states that fluctuations in the money supply affect the prices of <em>goods, services, </em>and <em>wages</em> but not the growth in an economy or its real Gross Domestic Product (GDP). Austrian economist Friedrich A. Hayek (1899-1992) coined the term "<em>neutrality of money</em>" referring to a characteristic of money playing a neutral role in the growth of an economy.

Nowadays, specialists in the field believe the neutrality of money is a concept that applies in the long-run analysis of the productivity od a country.

8 0
3 years ago
What kind of economy did the Soviet Union have after the russian revolution?
myrzilka [38]

After the Russian Revolution, the Soviet Union became a communist state. Communism is a type of government as well as an economic system (a way of creating and sharing wealth). In a Communist system, individual people do not own land, factories, or machinery. Instead, the government or the whole community owns these things. Everyone is supposed to share the wealth that they create.

3 0
3 years ago
In property insurance terminology, all of the following are considered hazards except: a. a steam iron left on unattended. b. a
Cloud [144]

Answer: fire which is started in a waste paper basket.

Explanation:

Hazard is simply defined as the condition that will lead to an increase in loss. Property insurance are policies that can either offer liability coverage or property protection.

Property insurance include flood insurance, homeowners insurance, and earthquake insurance etc. In property insurance terminology, all of the options in the question are considered hazards except fire which is started in a waste paper basket. This is not a hazard as this is a waste that'll be disposed off

4 0
3 years ago
​Nick, the director of manufacturing at a large electronics​ company, has created a team of eleven employees from quality contro
Aleksandr [31]

Answer:

Self-managed Work team.

Explanation:

As Nick has created a team of eleven employees from quality control for working on high priority projects. Nick has given the team members the responsibility of planning and scheduling their own work and making all functional decisions.​ Also, members of this team can evaluate each​ other's performance. This is an example of a​ self-managed work team. Self-managed work team are self-organized group of people who can plan, manage, organize, evaluate, control their own tasks, goals and daily day to day activities under less, reduced or almost no supervision. These teams are also referred to as self-directed teams.

4 0
3 years ago
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