Which situation has become more common as a result of globalization?

The World Trade Organization (WTO) has an important role in international trade. From the list below, select all statements abou

AleksandrR [38]

Answer:

Letter A

Explanation:

The main objective of the WTO is to promote the liberalization of world trade, reducing or extinguishing trade and customs barriers to facilitate economic exchanges at the international level. The agreements involve trade in goods, services, and intellectual property.

It is also important to know that currently, the World Trade Organization has 156 member countries.

5 0

4 years ago

Timothy was driving his friend Nick to football practice. While driving, he was hit by a driver who had coverage of 100/300/50.

Art [367]

Answer:

A) The policy would provide a maximum of $100,000 for each person who was injured, and no more than $300,000 for total injuries of all parties in the accident.

Explanation:

The auto liability insurance policy held by the driver is an example of a split limit liability insurance. The split limit insurance of 100/300/50 is explained thus:

$100,000 - bodily injury liability insurance per person

$300,000 - Total bodily injury liability insurance per accident

$50,000 - Property damage liability per accident.

6 0

4 years ago

To sum up international trade theory, we can say that the primary reason for trade is

muminat

Answer:

The primary reason for trade is for the economic development of a country.

Explanation:

Trade makes a significant and necessary contribution to the economy and the country's development particularly in underdeveloped countries. The rapid progress of underdeveloped countries in the Industrial field is due to their exports. In most countries, such would represent a significant share of their gross domestic product (GDP).

6 0

3 years ago

Active endeavors specializes in sporting equipment. recently, it has decided to add to its business units by opening a steakhous

poizon [28]

<span>Active endeavors specializes in sporting equipment. Recently, it has decided to add to its business units by opening a steakhouse near a convention center. This strategy is an example of: conglomerate diversification.

Conglomerate diversification is a growth strategy when organizations add new products or services that are vastly different from anything they've sold prior. These new business opportunities are unrelated to their previous and operate completely different.

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5 0

3 years ago

You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows:

enot [183]

Answer:

a. clinic's projected P&L statement.

Revenues 400,000

Less Expenses:

Wages and benefits (220,000 )

Rent (5,000 )

Depreciation (30,000 )

Utilities (2,500 )

Medical supplies (50,000)

Administrative supplies (10,000)

Net Income or (loss) before tax 182,500

Income tax at 30% (54,750)

Income or (loss) 127,750

b. 9,184 visits

c. 12,125 visits

Explanation:

Fixed Costs = 220,000 + 5,000 + 30,000 + 2,500 + 54,750

= $312,250

Contribution = Sales - Variable Costs

= $400,000 - ($50,000+$10,000)

= $340,000

Contribution per unit = $340,000 / 10,000 visits

= $34

Break even point = Fixed Costs / Contribution per unit

= $312,250 / $34

= 9,184 visits

Units for a Profit target = Fixed Costs + Target Profit / Contribution per unit

= ($312,250 + $100,000) / $34

= 12,125 visits

7 0

3 years ago