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3 years ago

Write the importance of WTO

2 answers:

6 0

It does this by implementing, regulating and operating trade agreements between countries, and provides a fair forum for trade negotiations between member countries, mediating on disputes as they arise. It aims to help with imports, exports and conducting trade fairly.

Sveta_85 [38]3 years ago

4 0

Answer:

In brief, the World Trade Organization (WTO) is the only international organization dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.

Explanation:

this is the importance I think it could have.

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On January 1, 2018, Gillock Climbing Academy instituted a defined benefit pension plan for its employees. The annual service cos

Licemer1 [7]

Answer:

Pension Expense = EBE = $593440 for income statement

Explanation:

The opening balance of the Plan asset is made by the 40000 from 2018 plus interest of 32000 and the new 400000 made this year. Why include it? Because an opening balance are the funds in an account at the beginning of the year either from last year or are from current year but should be the first entry in the books of the current year.

DBO plan asset EBE

opening balance (600000) 832000 -

interest ( 60000) 66560 6560

current year's service cost (600000) (600000)

( 1260000 ) 898560  593440

balance sheet liability = 361440

5 0

4 years ago

Read 2 more answers

A principal real estate broker is responsible to review and initial all documents written by his associated real estate brokers

slamgirl [31]

Answer:

The correct answer is 7 banking days from the date the document was accepted, rejected or withdrawn.

Explanation:

A real estate agent is a natural person who is dedicated to providing mediation, advice and management services in real estate transactions related to: the sale, rental, exchange or transfer of real estate and their corresponding rights, including the constitution of these rights.

In each country, the activity is governed by a particular law, so far there is no law that regulates real estate issues worldwide, despite the fact that many real estate agents carry out transactions in countries other than their headquarters.

8 0

3 years ago

A manufacturer estimates that its product can be produced at a total cost of C(x) = 50,000 + 100x + x3 dollars. If the manufactu

timofeeve [1]

Answer:

The level of production x that will maximize the profit is: 22,966

Explanation:

C(x) = 50,000 + 100x + x³

R(x) = 3400x

P(x) = R(x) - C(x)

= 3400x - [50,000 + 100x + x³]

= 3400x - 50,000 - 100x - x³

= 3300x - 50,000 - x³ .................... (A)

P'(x) = 3300(1) - 0 - 3x²

= 3300 - 3x²

At a critical point, P'(x) = 0

∴ 0 = 3300 - 3x²

3x² = 3300

x² = 1100

x = ± $\sqrt{1100}$

P"(x) = -6x

P( $\sqrt{1100}$ ) = -6 ( $\sqrt{1100}$ ) < 0

by second derivative, 'P' max at x = $\sqrt{1100}$ = 33.17 (rounds)

since x = $\sqrt{1100}$ ,

recall that P(x) = 3300x - 50,000 - x³ from equation (A)

Therefore, Maximum Profit

P( $\sqrt{1100}$ ) = 3300 $\sqrt{1100}$ - 50000 - $\sqrt{1100} ^{3}$

= 3300(33.17) - 50,000 - 33.17³

= 109461 -50,000 - 36495.26

= 22,965.74

Maximum profit is 22,966 to the nearest whole number

5 0

3 years ago

Pendleton Company, a merchandising company, is developing its master budget for 2015. The income statement for 2014 is as follow

Amanda [17]

Answer:

Budgeted functional income statement for 2015

Gross sales ($2,000,000 × 1.04 × 1.06) $2,204,800

Less: Estimated uncollectible accounts ($2,204,800 × 2 %) ($44,096)

Net sales $2,160,704

Cost of goods sold (1,100,000 × 1.03) ($1,133,000)

Gross profit $1,027,704

Operating expenses (475,000 × 1.10) ($522,500)

Depreciation ($25,000)

Net income $480,204

Explanation:

Make the adjustments stated on the 2014 Income Statement.

For Operating Expenses, it is wise to first remove the depreciation expense and apply the increment of 10% to reflect Operating Costs for 2015.

Treat Depreciation Expense separately and at the same amount as for 2014, since depreciation is calculated on straight line method.

3 0

4 years ago

Describe why most countries are described as having a mixed economy

Tamiku [17]

Explanation:

A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.

8 0

3 years ago

Write the importance of WTO​

Write the importance of WTO