All categories

3 years ago

The World Trade Organization (WTO): __________

Business

1 answer:

Vilka [71]3 years ago

7 0

Answer:

B , E are correct.

Explanation:

World Trade Organisation is an international organisation - that regulates, supervises, attempts to liberalise & world trade.

So, it is the world's most powerful institution for reducing trade barriers and opening markets.

It has 164 member countries. China and Russia are the members, which joined on 11 dec 2001 & 22 Aug 2012 respect.

'A' is false, as many countries joined after the preliminary Uruguay Round. Its an inter governmental organisation, is not controlled by any single government (like US)

You might be interested in

King Nothing is evaluating a new 6-year project that will have annual sales of $410,000 and costs of $284,000. The project will

motikmotik

Answer:

Option (a) is correct.

Explanation:

Given that,

Sales = $410,000

Costs = $284,000

Depreciation Expense = $510,000 × 0.1920]

= $97,920

Therefore,

Operating Cash Flow:

= [(Sales - Variable Costs - Fixed Costs) × (1 - Tax Rate)] + [Depreciation × Tax Rate]

= [($410,000 - 284,000) × (1 - 0.35)] + [$97,920 × 0.35]

= [$126,000 × 0.65] + [$97,920 × 0.35]

= $81,900 + $34,272

= $1,16,172

7 0

3 years ago

If you have a credit card limit of $1,000, you should never carry a balance of more than $800 T/F

borishaifa [10]

The answer would be true

7 0

3 years ago

Don Howard is a trader who likes to make money based on changes in the foreigncurrency exchange market. Currently the spot rate

IrinaVladis [17]

Answer:

Don profit in the forward market can be USD 48,152.37

Explanation:

Spot rate currently is at 24.0239 MXN/USD

Sell USD forward at 26.5693 MXN/USD

Profit on settlement after 3 months = (Selling price - buying price)*Number of units

Profit on settlement after 3 months = (26.5693 - 25.3487)*1,000,000

Profit on settlement after 3 months = MXN 1,220,600

The exchange rate is expected to move to 25.3487 by Clint

Hence, 1,220,600/25.3487 = USD 48,152.37

Don profit in the forward market can be USD 48,152.37 if hewants to trade USD 1,000,000

3 0

3 years ago

What was ireland's greatest export during the 1840s?

Viefleur [7K]

People was the greatest export

8 0

3 years ago

Read 2 more answers

Bad Debt Expense info:Allowance for Doubtful Accounts has a credit balance of $1,000. Credit sales are $500,000. Cash sales are

kow [346]

Answer:

Bad Debt Expense $24,000 Dr

Allowance for Doubtful Accounts $24,000 Cr

Explanation:

Data:

BB = Beginning Balance = $1,000

CS = Credit Sales = $500,000

CH = Cash Sales = $500,000

SM = Percentage Sales Method = 5% = 0.05

U = Uncollectible = $25,000

AR = Accounts Receivable = $200,000

ADA = Allowance for Doubtful Accounts = ?

Calculations:

ADA = U - BB = $25,000 - $1,000 = $24,000

Net Realizable Cash Value = AR - ADA = $200,000 - $24,000 = $176,000

Balance in the Allowance Account after the adjusting entry = BB + ADA = $1,000 + $24,000 = $25,000

Journal entry:

Bad Debt Expense $24,000 Dr

Allowance for Doubtful Accounts $24,000 Cr

Hope this helps!

8 0

3 years ago