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4 years ago

NAFTA eventually eliminates all tariffs on goods produced and traded between the United States, Mexico, and Brazil. True False

Business

1 answer:

Nata [24]4 years ago

7 0

Answer:

The statement is: False.

Explanation:

The North American Free Trade Agreement (<em>NAFTA</em>) is a treaty signed by Canada, Mexico, and the United States to create a free-trade area between those regions. Besides eliminating tariffs on imports and exports between the three countries, thanks to the NAFTA procedures to resolve trade disputes can be established. Also, according to the NAFTA, the three countries must respect the patents trademarks and copyrights of each of them.

Brazil does not belong to this bloc.

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Smith Inc. purchased a piece of equipment for $850,000 on March 1, 2019 paying $80,000 in down payment and signing a note for th

Wewaii [24]

Answer:

$469,938

Explanation:

To determine the carrying value of the note (principal's balance), I will prepare a payment schedule in excel:

principal = $850,000 - $80,000 = $770,000

n = 20

interest rate = 2.5%

payment = ?

I will first determine the payment using PMT function =PMT(2.5%,20,770000) = $49,393.29

In June 1, 2021, after the payment has been made, the balance will be $469,938

Download pdf

5 0

3 years ago

با ما

Eddi Din [679]

Answer:

Because of product's use of natural resources in its input (1) and dependence on the supply chain system of other companies.

Explanation:

The reason is that all of the companies rely on natural resources that the companies are processing and making it available for the other companies to utilize it to control its cost and complete the production of the products. The energy is a natural resource which every company utilizes and due to this its production is largely dependent on the firms that are processing natural resources to make it available for companies to utilize it.

The next most important thing is supply chain system of natural resource companies that helps the companies like AEC and even an individual to make the use of these natural resources in an efficient and effective manner. If I don't have access to fuel, then I cann't travel and traveling by using horses would be expensive and time consuming. So supply chain system of the other businesses play key role here.

5 0

3 years ago

Agnessa let the management of Acme Global know that she will retire next year. Agnessa job requires specialized skills. Rather t

Anettt [7]

Please see the complete question below.

Agnessa let the management of Acme Global know that she will retire next year. Agnessa job requires specialized skills. Rather than advertise the job, management has the human resource management department look through its files for people in the organization who have the needed skills. This recruitment method is known as ______.

A. open recruitment

B. employee referrals

C. closed recruitment

D. targeted recruitment

Answer:

The answer is closed recruitment (option C)

Explanation:

Closed Recruitment can be defined as the type of recruitment that takes place 'in house'. In other words, there is no need for an external advertisement of vacancy because candidates needed to fill in vacant job roles or positions of a firm are selected from the existing pool of employees in the firm. Firms carry out closed recruitment by looking into the files of people who have the skills needed to occupy the vacant role and selecting/appointing who is best fitted for the role.

6 0

4 years ago

Hugh, Frank, and Luis are the only three buyers of gold in a small mining town. Their inverse demand functions for gold are as f

saveliy_v [14]

Answer:

Explanation:

Hugh p= 480 - 48Qh

Frank p= 80 - 8Qf

Louis p= 20 - 2Ql

1. price of an ounce of gold = $20

Hugh will demand: 20 = 480 - 48Qh; Qh = 460/48 = 9.58 ounce

Frank will demand: 20 = 80 - 8Qf; Qf = 60/8 =7.5 ounce

Louis will demand: 20 = 20 - 2Ql; Ql = 0 ounce

Total demand = 9.58+7.5+0=17.08 ounce

2. quantity demanded of gold in this market is 16.50

Hugh Demand function: p=480-48Q , Q=10-p/48

Frank Demand function: p=80-8Q , Q= 10-P/8

Lius Demand function: p=20-2Q , Q= 10-p/2

Hugh will demand 0 quantity at , p=480-48*0 = $480

Frank will demand 0 quantity at , P=80-8*0 = $80

Lius will demand 0 quantity at , p=20-2*0 = $20

So when Price is between 80 to 480 only Hugh will participate in market. The demand function will be Q= 10-P/48

When Price is between 20 to 80 only Hugh and Frank will participate in market. The demand function will be Q=10-p/48 + 10-P/8 = 20-7p/48

When Price is between 0 to 20 all three will participate in market. Hence demand function will be Q=20 - 7p/48 + 10 - p/2 = 30 - 31p/48

When Demand is 16.5 ounce and if Price is between 80 to 480, then 16.5=10-P/48

P/48=-6.5

This is not possible

When Demand is 16.5 ounce and if Price is between 20 to 80, then

16.5=20-7p/48

7p/48 = 20-16.5

p = 48*3.5/7 = $24

Market price of an ounce of gold must be $24

6 0

4 years ago

When you state exactly when you must complete your goal, this is which part of the SMART goal?

nirvana33 [79]

T for timely. Hope this helps!

5 0

4 years ago