All categories

3 years ago

What are the advantages of being a member of World Trade Organization

Business

1 answer:

frutty [35]3 years ago

8 0

Answer:

Explanation:

Every member country of the world trade organization enjoys the following benefits;

1. They enjoy more support for the development of their local industry

2. Member countries have access to get loan and incentives.

3. There is an existence of peacefully trading among member countries.

4. World trade organization helps members to grow their economy.

5. Through the growth of the economy, unemployment is reduced.

6. World trade organization also helps to resolve disputes among member countries

You might be interested in

Năm trước, doanh thu đạt được 1 triệu $, trong đó 250.000 là doanh thu bán chịu; số dư khoản phải thu khách hàng trung bình là 4

12345 [234]

punda mavana Umbi. posddajh jzushl Unni Sunni nayye mayiru

6 0

3 years ago

A data warehouse is one or more very large databases containing both detailed and summarized data for a number of years and from

navik [9.2K]

Answer:

True

Explanation:

Data warehouse involves combining different data/ information which is heterogeneous from various sources in order to have a comprehensive/large data base, it usually involves analytical reporting as well as decision making. For instance customer information from the point of sales system of the firm can be found in the database.

It should be noted that data warehouse is one or more very large databases containing both detailed and summarized data for a number of years and from numerous sources used for analysis rather than transaction processing.

8 0

3 years ago

Fortune, Inc., is preparing its master budget for the first quarter. The company sells a single product at a price of $25 per un

Elenna [48]

Answer:

Fortune, Inc.

Budgeted Income Statement

For the first quarter, 202x

January February March Total

Sales revenue $1,125,000 $1,375,000 $1,250,000 $3,750,000

Cost of goods sold $630,000 $770,000 $700,000 $2,100,000

Gross profit $495,000 $605,000 $550,000 $1,650,000

S&A expenses:

Rent $14,000 $14,000 $14,000 $42,000
Office salaries $75,000 $75,000 $75,000 $225,000
Sales comm. $90,000 $110,000 $100,000 $300,000
Advertising $168,750 $206,250 $187,500 $562,500
Depreciation $40,000 $40,000 $40,000 $120,000

EBIT $107,250 $159,750 $133,500 $400,500

Income taxes $32,175 $47,925 $40,050 $120,150

Net income $75,075 $111,825 $93,450 $280,350

4 0

3 years ago

Suppose that the adult population in the town of Springfield is 225 million. If 40 million are unemployed and 100 million are em

amid [387]

Answer:

a) 29%

Explanation:

The formula to compute the unemployment rate is shown below:

Unemployment rate = (Number of Unemployed workers) ÷ (Total labor force) × 100

where,

Number of unemployed = 40 million

Total labor force = Number of unemployed + number of employed

= 40 million + 100 million

So, the unemployment rate would be

= (40 million) ÷ (140 million) × 100

= 29%

5 0

3 years ago

2. When the economy is in a recession, the Federal Reserve usually cuts interest rates. Why would the federal government do this

Airida [17]

The purpose of the Federal Reserve cutting interest rates during a recession is to encourage borrowing (borrowing becomes cheaper) and in this way especially for companies they may spend more money then on improvements, new products etc so the economy theoretically will be stimulated to counteract the recession.

7 0

3 years ago

What are the advantages of being a member of World Trade Organization​

What are the advantages of being a member of World Trade Organization