The answer here is incoterms are standardized
international terminologies. Incoterms which is the short term for “international
commercial terms” are made so that there is an easier way for which the traders
in the international trade can understand each other. These are trade terms by
the International Chamber of Commerce (ICC) which are used by both
international and domestic trade contracts. In 1936, these terms were first
used and from time to time, these incoterms are updated especially in the
current trade practices. Due to the updates every now and then, contracts must
then be specified as to what version of incoterms are they using.
Answer:
I think Miguel should chose "b"
Explanation:
Reason is because he saving up to buy a car and probably won't be saving after he buys it
Answer:
Explanation:
Solution-
According to Senator Jones, the elasticity of taxable income is larger, which means that due to a certain percentage rise in taxes, the taxable income rises by a greater percentage. Also, according to Senator Smith, the elasticity of taxable income is small, which means that due to a certain percentage rise in taxes, the taxable income rises by a smaller percentage.
(I) Under Senator Jones assumptions, due to rise in taxes, the taxable income has risen considerably as compared to Senator Smith assumptions. Thus the estimates of additional revenue from the tax increase will be larger under Senator Jones assumptions, compared to Smith's assumptions.
(ii) Since under Senator Jones assumptions, elasticity of taxable income is large. So due to rise in taxes, there is a significant proportional rise in taxable income under Jone's assumptions compared to Senator Smith assumptions. Thus the costs of the tax increase is borne more under Senator Jones assumptions , compared to Smith's assumptions.
I would go with C)it's harder to get credit if you have filed bankruptcy
