Any contractual arrangement between governments addressing their trading interactions is referred to as a trade agreement. Trade treaties can be bilateral or multilateral, that is, among two or more states.
<h3>Why are trade agreements important?</h3>
Countries engage in international trade because there are financial benefits to be had. These benefits include expanded product diversity, cheaper pricing, superior quality, enhanced technological spread, and increased consumption by the country as a whole. Increased trade openness has been associated with higher GDP growth.
Thus Option C is correct about the trade agreement.
For more information about the Trade agreement refer to the link:
brainly.com/question/1550074
i would think every one of them expect for 1 and 4.. Because 4 is just something we all learn
Answer:
$50 billion
Explanation:
To find the change in aggregate expenditures, we need to find the change in consumption. For this, we will use the marginal propensity to consume formula:
MPC = ΔC/ΔY
Where:
MPC = Marginal propensity to consume
ΔC = Change in consumption
ΔY = Change in output (GDP)
We know that out MPC is 0.5, and our ΔY is $billion. We plug these amounts into the formula:
0.5 = ΔC / 100 billion
And we rearrange the equation to solve for ΔC
ΔC = $ 100 billion x 0.5
ΔC = $50 billion
So the change in consumption is $50 billion, which is also the change in aggregate expenditure.
The answer to this question is the term prices. Prices are the value of a certain product or services. A price is the value or amount of money being paid in exchange of the product being bought. In pricing a product or service, a markup is being set to the price.
Answer:
$702,400
Explanation:
Data provided in the question:
Cost of the machine acquired = $1,110,000
Useful life of the machine = 5 years
Residual value = $91,000
Method of depreciation is straight line
Now,
Annual depreciation = 
or
⇒ Annual depreciation = 
or
⇒ Annual depreciation = $203,800
Book value = Cost of the machine - (Total depreciation in the given period)
now,
Duration of period from January 1, 2018 to end of 2019 = 2 years
Therefore,
The total depreciation = 2 × Annual depreciation
= 2 × $203,800
= $407,600
Hence,
Book value at the end of 2019 = $1,110,000 - $407,600
or
Book value at the end of 2019 = $702,400
