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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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Cougar Corporation bought inventory on account on August 23rd. Cougar paid its supplier for the inventory on August 28th. Cougar
Aloiza [94]

Answer:

"B"

Explanation:

Expenses are recognized under the accrual accounting principle.

Before expenses can be recognized under accrual method , it must be matched to a particular revenue.This means that expenses are recognized in the period that the expense was able to generate a revenue. In other words , it in recorded in the period in which it was sold and not the period it was bought.

This is done to improve the quality , accuracy  of financial statement to give a true representation of an organization.

4 0
3 years ago
Rollins Corporation is constructing its marginal cost of capital (MCC) schedule. Its target capital structure is 30 percent debt
MrRissso [65]

Answer:

The After Tax Cost of Debt = 0.072 or 7.2%

Explanation:

The question is to determine the After Tax Cost of Debt for Rolling Stone.

This is carried out as follows

Step 1: When we decide to calculate the Yield to Maturity, it should be noted that Market Value = Par Value

Therefore,

Coupon Rate which is the same as the Yield to Maturity (YTM) = 12%

Step 2: Based on this derivative, therefore,

After Tax Cost of Debt = Yield TO Maturity Rate (1-Marginal Tax Rate)

= 12% (1-40%)

= 0.12 (1-0.4)

The After Tax Cost of Debt = 0.072 or 7.2%

6 0
3 years ago
Which of the following is an example of an activity undertaken by an​ entrepreneur? A. being promoted to the position of Chief o
luda_lava [24]

Answer:

C) starting a snow cone business

Explanation:

An entrepreneur is someone who decides to start his own business, usually a small business. Only option C refers to starting a new business.

Option A and B refer to positions where you are employed by the government (being a government employee is the opposite of being an entrepreneur).

Option D refers to painting your kitchen not opening a new business.

5 0
3 years ago
You notice that you always make your transaction at the very beginning of the round. Although​ it's nice to transact every​ time
Mazyrski [523]

Answer:

you're receiving too small of a gain

Explanation:

Based on the information provided within the question it can be said that offering a price so low that buyers immediately accept it might mean you're receiving too small of a gain. That is because if a buyer is immediately accepting it, then it can be because they realize that it is a great deal and that they will most likely not find a better price anywhere else and immediately decide to buy it from you. Therefore you can be selling it for an increased profit margin by increasing the price.

4 0
3 years ago
Which of the following is a difference between flow shops and job shops? a. Unlike flow shops, job shops require little or no se
andrew11 [14]

The difference between flow shops and job shops is that unlike flow shops, job shops require frequent machine changeovers and delays.

<h3>What is a job shop?</h3>

The shops, which specialize and are involved in the manufacturing and production processes, which are typically medium-sized enterprise, and conduct different types of job after the completion of one, are job shops.  

Hence, option C holds true regarding a job shop.

Learn more about a job shop here:

brainly.com/question/15222686

#SPJ1

5 0
2 years ago
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