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frutty [35]
3 years ago
6

The world trade organization envolved from which of the following?

Business
1 answer:
Alexxandr [17]3 years ago
3 0

Answer:

You might want to tape "evolve" in this case the answer is the GATT

Explanation:

The World Trade Organization's predecessor, the General Agreement on Tariffs and Trade (GATT), was established after World War II in the wake of other new multilateral institutions dedicated to international economic cooperation – notably the Bretton Woods institutions known as the World Bank and the International Monetary Fund. A comparable international institution for trade, named the International Trade Organization was successfully negotiated.

The World Trade Organization (WTO) is an intergovernmental organization which regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. The WTO deals with regulation of trade between participating countries by providing a framework for negotiating trade agreements and a dispute resolution process aimed at enforcing participants' adherence to WTO agreements, which is signed by representatives of member governments and ratified by their parliaments.

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Mr. Brown is in the 10 percent federal income tax bracket and wants to invest $10,000 in interest-earning assets. Mr. Black is i
snow_lady [41]

Based on the information given, the corporate bond will be recommended for Mr. Brown while the municipal bond will be recommended for Mr Black.

<u>Mr Brown:</u>

The after-yield tax on corporate bonds will be:

= Before tax yield × (1 - tax rate)

= 4% × (1 - 0.10)

= 3.60%

After tax yield on municipal bond will be:

= 3.5% × 1 = 3.5%

The corporate bond is recommended.

For <u>Mr. Black</u>

The after-yield tax on corporate bonds will be:

= 4% × (1 - 0.35)

= 2.60%

The after-yield tax on municipal bonds will be:

= 3.5% × 1

= 3.5%

Therefore, the municipal bond is recommended.

Red related link on:

brainly.com/question/25379770

5 0
2 years ago
You deposit $100 on a bank 10% interest rate account for one year. How much do you get in one year time?
katen-ka-za [31]

Answer:

$10

Explanation:

10% of 100 is 10. 100÷10=10

8 0
3 years ago
Celine Dion Company issued $600,000 of 10%, 20-year bonds on January 1, 2020, at 102. Interest is payable semiannually on July 1
anzhelika [568]

Answer:

The Journal entries are as follows:

(a) On January 1, 2020

Cash A/c(6,000 bonds × $102) Dr. $612,000

         To Bonds payable                                  $600,000

         To premium on bonds payable             $12,000

(To record the issuance of the bonds)

Workings:

premium on bonds payable = $612,000 - $600,000

                                               = $12,000

(b) On July 1, 2020

Interest expense A/c                  Dr. $29,700

Premium on bonds payable A/c Dr. $300

        To cash A/c                                            $30,000

(To record the interest expense)

Workings:

Cash = $600,000 × (6/12) × 10%

         = $30,000

Premium on bonds payable = $12,000 ÷ 40 periods

                                               = $300

(c) On December 31, 2020

Interest expense A/c                  Dr. $29,700

Premium on bonds payable A/c Dr. $300

        To Interest payable A/c                            $30,000

(To record the accrual of interest expense)

8 0
3 years ago
Which one of the following is a primary benefit of budgeting? It removes the ‘plan ahead’ from lower level managers so that they
nikklg [1K]

Answer:

It provides definite objective for evaluating performance

Explanation:

Budgeting: It can be defined as the process of deciding an efficient way of spending money.

A budget is a financial plan which shows the estimation of income and expenditure over a specified future period of time. A budget can be made by an individual, business organzations or government of a country.

A budget can either be surplus or deficit.

1. A surplus budget is a budget in which the estimate of income is more than expenditure.

2. A deficit budget is a budget in which the estimate of expenditure is more than income.

Benefits of budgeting includes;

1. It provides definite objectives for evaluating performance.

2. It requires all levels of management to plan ahead on a recurring basis.

3. It facilitates the coordination of activities.

6 0
3 years ago
After you collect data on risks and recommendations, you include that information in a report, and you give that report to manag
tangare [24]

Answer:

becauase if you dont then, if that problem ever continues again and you are for some reason not there that day then, your boss would need to know how to fix it

Explanation:

7 0
3 years ago
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