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Vinvika [58]
3 years ago
15

Which of the following, indicate whether each statement about regional trade agreements is true or false. Statement True False

Business
1 answer:
Svetach [21]3 years ago
3 0

Answer: Please refer to Explanation

Explanation:

Under regional trade agreements, several countries eliminate tariffs among themselves and lower tariffs against all other countries.

FALSE.

Under regional Trade Agreements, countries do indeed eliminate tariffs amongst themselves but there is no obligation to reduce tariffs against countries not part of the agreement.

Regional trade agreements contradict GATT’s most favored nation principle.

TRUE

Regional Trade Agreements do indeed violate the GATT's and the WTO's most favoured principle which states that rights granted to 1 nation of GATT must be granted to all nations in GATT.

The countries in the European Union (EU) keep their own tariffs with the countries outside the EU.

FALSE.

As a political and economic union, the EU maintains a common tariff against countries outside the EU.

A good imported into Mexico from China will not be granted duty-free access to the U.S. market if no value is added to this good in Mexico.

TRUE.

Agreements between China and Mexico do not bound the US if they are not in the agreement as well. Seeing however, as there is an agreement between Mexico and the US, Mexican products can come into the US duty free so for a Chinese product to do tge same, it needs to have been added value to in Mexico.

Rules of origin specify the types of goods that can be shipped duty-free within a free trade area.

TRUE

Rules of origin are made to decide which goods can be shipped duty free.

Rules of origin specify the types of goods that can be shipped duty-free within a customs union.

FALSE.

Rule of Origin do not necessarily apply in a Customs Union as they are supposed to maintain a fixed tariff rate against all countries outside the Customs Union.

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You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 4.4 percent indefinitely
aleksandr82 [10.1K]

Answer: $50.83

Explanation:

Based on the information given in the question, the following can be deduced:

r = required return = 10.6% = 0.106

D0 = Dividend = 3.29

g = growth rate = 4.4% = 0.044

The price per share of the company's stock will be:

= D0(1 + g)/(r - g)

= 3.29(1 + 0.044)/(0.106 - 0.044)

= 3.29(1.044)/(0.062)

= 3.15134/0.062

= $50.83

6 0
3 years ago
South Beach Insurance is about to begin using a program that will change the way its adjusters settle insurance claims. Adjuster
klasskru [66]

Answer:

The correct answer is letter "A": innovative.

Explanation:

Innovative changes allow companies to use new strategies and technologies to improve the efficiency of their operations. Sometimes those changes are processes or technological devices created by the company itself while in other cases they are adopted from other entities with similar approaches and accomplish almost the same goal.

4 0
3 years ago
Question 7 Which combination of factors would result in the lowest monthly mortgage payment? A Big down payment, a longer term l
Sauron [17]
<span>A combination of a big down payment, a longer term loan, and a lower interest rate is expected to result into a low monthly mortgage payment.</span><span />
3 0
3 years ago
describe the difference in economic profit between a competitive firm and a monopolist in both the short and long run. which sho
bogdanovich [222]

A company in monopolistic opposition produces an allocatively green output degree even as a company in best opposition produces a productively green output degree.

The long-run equilibrium answer in monopolistic opposition usually produces 0 monetary income at a factor to the left of the minimal of the common overall value curve. The life of excessive limitations to access prevents corporations from coming into the marketplace even withinside the long run.  

Therefore, it's far viable for the monopolist to keep away from opposition and hold making tremendous monetary income withinside the long run. One feature of a monopolist is that it's far a income maximizer. Since there's no opposition in a monopolistic marketplace, a monopolist can manage the charge and the amount demanded. The degree of output that maximizes a monopoly's income is calculated through equating its marginal value to its marginal revenue.

Learn more about company in monopolistic here:
brainly.com/question/25717627

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8 0
1 year ago
Do you agree with the​ argument? Should the government treat kidneys like other goods and allow the market to determine​ price?
kow [346]

Answer:

No.

Explanation:

The market should determine the price of goods and services only. The commercialization of human organs would increase the existing social inequality. This is because poor people would only be able to sell their organs, meaning they would not have the ability to buy a kidney if they needed it. On the other hand, it would increase the sale of kidneys for material survival itself, which is morally reprehensible.

8 0
3 years ago
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