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
likoan [24]
3 years ago
12

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

You might be interested in
Elaborate on any three internal factors of Jessops’ Group Limited that can influence its functioning
Mariulka [41]

Answer:

The internal factors are factors that are under the control of the company and these can be tangible or intangible in nature.

Explanation:

Examples of three internal factors of Jessops’ Group Limited that can influence its functioning are:

1. Assets of the company: the company has over 200 stores around the UK, and also has an online shop and call center. This will make the company to serve a wide base of customers which can increase the revenue of the UK’s premier photographic retailer.

2. Photo and imaging business: This is a business line which is a key part of the company's product portfolio. The decision of the company to focus its attention on making its imaging business the market leader is because of the stability in its margins during the 2008–09 economic recession in the UK.

3. Participation and investment in social responsibility: The response of the company to the Waste Electrical and Electronic Equipment (WEEE) regulations on the disposal of electronic goods at the end of their life by contributing towards a national fund to assist local councils to develop collection facilities for electronic goods is an example of social responsibility. The creation of a convenient battery recycling points in its stores and effort to increase awareness of the WEEE regulations are part of social responsibility functions that will be seen more favorably by consumers. This can therefore increase the sales of the company.

4 0
3 years ago
Suppose the economy begins at potential output when there is a severe and long-lasting stock market crash. In the short run we w
ANEK [815]

Answer:

Spending, production and employment to fall

Explanation:

A stock market crash brings about an economic condition of a recession or a slump.This brings out reduced economic activity and inflationary pressure builds up. This reduces purchasing powers of people and they demand less thus their spending falls. With increasing costs and less demands the firms are forced to cut down on production to combat costs and they also retrench causing unemployment.

Since the economy is at its potential output level, short term expansionary policies may not work.

Hope that helps.

5 0
3 years ago
Susan’s customers are always concerned about what they are receiving in exchange for what they are paying. They are concerned ab
liubo4ka [24]

Answer: Customer value  

         

Explanation: In simple words, customer value refers to the level of satisfaction that the consumer receives from purchasing a commodity. The level of satisfaction highly depends on the price that the customer gives for the commodity.

In the given case, the customer of Susan's were concerned about their utility satisfaction.

Hence from the above we can conclude that the correct option is C.

3 0
3 years ago
Researchers are always interested in the relationships between or among variables. When two variables are
Alexxx [7]

Based on the correlational analysis of X and Y that is given, we can infer that there is a linear relationship between X and Y.

<h3>What does the correlation analysis show?</h3>

The Pearson correlation coefficient shows if there is a linear relationship between given variables.

In the given table, the Pearson Correlation coefficient is not 0 for either variable which means that a linear relationship does in fact exist between the variables.

Find out more on the Pearson correlation coefficient at brainly.com/question/24084533.

#SPJ1

3 0
2 years ago
Calculate the yield to maturity (YTM) for a one-year bond with a purchase price of $8,000, a face value of $10,000, and a curren
Mazyrski [523]

Answer:

yield to maturity YTM = 35%

Explanation:

given data

purchase price = $8,000

face value = $10,000

current yield = 10%

solution

we get here yield to maturity YTM

so first we get Annual Coupon by current yield that is express as

Current yield = annual coupon  ÷ current price   ..............1

put here value we get

Annual Coupon = 10 % ×  8,000

Annual Coupon = $800

now we get YTM by purchase price  that is  

purchase price = Annual Coupon ÷ ( 1+YTM ) + face value ÷ ( 1+YTM )  .......2

put here value we get

8,000 =  \frac{800}{1+YTM} +\frac{10000}{1+YTM}

solve it we get

yield to maturity YTM = 35%

5 0
3 years ago
Other questions:
  • Use the information about Billy's Burgers to answer the following question(s):
    5·1 answer
  • The 2011 income statements of Leggett &amp; Platt, Inc., reports net sales of $3,636.0 million in 2011 and $3,359.1 million in 2
    9·1 answer
  • The final paragraph of a letter of application explains why you are writing the letter
    12·1 answer
  • Determine current portion of long term note payable On January 1, Irving company purchased equipment of 280,000 with a long term
    15·1 answer
  • Preparing a Budgeted Income Statement Oliver Company provided the following information for the coming year: Units produced and
    7·1 answer
  • Porter's Five Forces framework has been around since the 1980's and has been very effective in evaluating industry attractivenes
    15·1 answer
  • Using the information below, calculate the cost of goods manufactured for the period: Beginning Raw Materials Inventory $ 25,000
    7·1 answer
  • Meaning use of proof readers sign​
    14·1 answer
  • Pls sub to my channel ICUsiah​
    10·2 answers
  • Bert just purchased his first property. to what level(s) of government will bert have to pay real estate taxes?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!