1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Six-packs of soda, cartons of eggs, and three-packs of paper towels are all examples of products sold using what kind of pricing
cricket20 [7]

Six-packs of soda, cartons of eggs, and three-packs of paper towels are all examples of products sold using a block pricing strategy.

A product is an object, system, or service provided to consumers on demand. That's all we can offer to the market to meet your wants and needs.

Item is for sale. Products are services or items. It can be in physical or virtual or cyber form. All products are made at one price and sold at one price. Calculated prices vary by market, quality, marketing, and target segment.

Learn more about products here:brainly.com/question/25922327
#SPJ4

8 0
1 year ago
Suppose Piranha.com sells 3,500 books on account for $17 each (cost of these books is $35,700) on October 10, 2018 to The Textbo
nadezda [96]

Answer:

The journal entries are as follows:

(1) (i) On October 10, 2018

Merchandise inventory A/c (3,500 × $17) Dr. $59,500

        To Accounts payable (Piranha)                             $59,500

(To record the purchase of books)

(ii) On October 13, 2018

Accounts payable A/c (100 × $17) Dr. $1,700

        To merchandise inventory                     $1,700

(To record the purchase return of book)

(2) (i) On October 10, 2018

Accounts receivable A/c Dr. $59,500

         To sales

(To record the sales of book)

Cost of goods sold A/c Dr. $35,700

            To merchandise inventory    $35,700

(To record the cost of goods sold of book)

(ii) On October 13, 2018

Sales return and allowances A/c Dr. $1,700

              To accounts receivable                  $1,700

(To record the sales return of book)

Merchandise inventory A/c Dr. $1,020

           To cost of goods sold               $1,020

(To record the cost of good return)

5 0
3 years ago
On January 1, 2020, Bonita Company purchased 12% bonds, having a maturity value of $320,000 for $344,260.74. The bonds provide t
Delvig [45]

Answer:

Following are the responses to the given points:

Explanation:

For point a:

Criteria I                                    

Date: 1-1.2020                 Debt Investments                    \$3,44,260.74

                                         cash                                       \$3,44,260.74

For point b:

Criteria  II

Date: 31.12.2020                Interest Account receivable to pay \$38,400.00   \ \ \ \ \ \ \ \ \ \            320000\times 12\%

                                    Debt Investments   \$3973.93

                                   rate of Revenue          \$34,426.07(\$344,261.74 \times 0.10)                                        

31.12-2020                         Fair Value Adjustment                        1713.19

                       Gain or loss - equity unrealized holding          1713.19                          

for point c:

Criteria III

31.12-2021                       Interest Account receivable to pay          \$38,400            

                                    Debt Investments                              \$4,371

                                   rate of Revenue                       \$34,029

 

31.12-2021                   Gain or loss - equity unrealized holding    \$7,927.69

                                   Fair Value Adjustment                          \$7,927.69

                                329700-335914.50=6214.50+1713.19 =7,927.69

Please find the attached table.

8 0
3 years ago
Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $30,000 to
postnew [5]

Answer:

A. $41,120.

Explanation:

Year    Description          Cash flow           Present [email protected]%

0       Equipment cost      ($30,000)                    ($30,000)

1-4      Additional CF           $24,000                    $69,929.10

4        Residual value            $2,000                       $1,184.16

Present value total                                                 $41,113.26

Based on the above calculation, the answer shall be A. $41,120.

8 0
3 years ago
Classify each property according to whether it is displayed by metals or by nonmetals
ElenaW [278]
<span>The following properties can be classified as those associated with metal elements: having a high density, malleable, and having low melting points. The following properties can be classified as those associated with non-metal elements: dull and nonreactive to acids.</span>
3 0
3 years ago
Other questions:
  • Management now needs to determine the number of engines to be produced in each plant in each month, as well as the number of eng
    10·1 answer
  • Qualitative data has been described as voluminous and sometimes overwhelming to the researcher. in what ways could a researcher
    15·1 answer
  • 1. How does excessive money in the economy lead to inflation?
    6·1 answer
  • Year-to-date, Oracle had earned a −1.53 percent return. During the same time period, Valero Energy earned 8.07 percent and McDon
    5·1 answer
  • Sachs Brands's defined benefit pension plan specifies annual retirement benefits equal to 1.6% × service years × final year's sa
    14·1 answer
  • Weekly activity reports by an agent to a client should include:_______.
    15·1 answer
  • GG Inc. uses LIFO. GG disclosed that if FIFO had been used, inventory at the end of 2021 would have been $16 million higher than
    15·1 answer
  • Leeks Company's product has a contribution margin per unit of $12.60 and a contribution margin ratio of 20.0%. What is the selli
    11·1 answer
  • Finley Corporation had income from continuing operations of $10,600,000 in 2014. During 2014, it disposed of its restaurant divi
    7·1 answer
  • What is true regarding long-term and short-term bonds (assume they have the same par value and coupon rate)?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!