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3 years ago

What was the significance of NAFTA?

Business

1 answer:

Vesna [10]3 years ago

8 0

Answer:

a. It allowed freer trade opportunities for the United States, Canada, and Mexico.

Explanation:

NAFTA is North American Free Trade Agreement.

NAFTA is a trade agreement that was formed to encourage increased economic activity among the three countries in North America. The deal came into force on January 01, 1994. It involved the countries of Canada, Mexico and the United States of America.

The formation of NAFTA created the second-largest free trade area in the world in geographic coverage. Its purpose is to encourage trade corporation in the region. To achieve that, NAFTA proposed a reduction or elimination of tariffs, particularly those related to the automobile, agriculture and textile industries. The tariffs were gradually phased out between Jan 1. 1994 and Jan 1. 2008

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Katie had a high monthly food bill before she decided to cook at home every day in order to reduce her expenses. She starts to s

Orlov [11]

Answer:

The c orrect answer is A.

Explanation:

Giving the following information:

Annual deposit= 1,410

Annual interest rate= 5%

Number of years= 8 years

To calculate the future value of her investment, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {1,410*[(1.05^8)-1]}/ 0.05

FV= $13,464.24

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3 years ago

We've talked a lot about "fixed" and "variable" expenses. We've talked about the way these expenses impact your budget and your

eimsori [14]

Answer:c

Explanation:

6 0

3 years ago

Why is it difficult to compare relative job growth for different-sized businesses? staff size of small businesses tends to chang

Talja [164]

It is difficult to compare relative job growth for different-sized businesses because it is hard to determine the cutoff point at which a small business becomes a large business. It is not easy to know the comparative job development amongst businesses of different sizes. There are not the same parameters leading the size of a small business versus a big business. Moreover, there is no defined point where such a variation can be clearly identified.

5 0

3 years ago

Read 2 more answers

when designing a supply chain that meets customer requirements and aligns with strategy, what are the two goals that firms try t

wolverine [178]

Designing a supply chain that meets customer requirements and aligns with strategy to be more effective to be more responsive.

What is supply chain?
A supply chain is a group of people and businesses responsible for producing a product and getting it to the consumer. The raw material producers are the first links in the chain, and the last is the van that delivers the finished product to the customer. The importance of supply chain management can be seen in the reduced costs and improved productivity that come from an optimised supply chain. Companies work to enhance their supply chains in order to lower costs and maintain competitiveness. Each step taken to deliver a finished good or service to the customer is considered to be part of the supply chain. The process may involve obtaining raw materials, transferring them to the production stage, and then transporting the finished goods to a distribution facility or a retail location where the consumer may pick them up.

To learn more about supply chain
brainly.com/question/25160870
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5 0

1 year ago

Suppose Cute Camel Woodcraft Company is evaluating a proposed capital budgeting project (project Alpha) that will require an ini

UNO [17]

Answer:

$996,267.41

Explanation:

The Net Present Value of Alpha`s project can be determined by using the CFj Function of a Financial Calculator as follows :

- $400,000 CF0

$325,000 CF1

$500,000 CF2

$400,000 CF3

$475,000 CF4

I/YR = 8%

Then, SHIFT NPV gives $996,267.41

Thus, Alpha's net present value (NPV) is $996,267.41.

8 0

3 years ago