Answer:
Price will be 6.6
Explanation:
You can find the attached file.
A common market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among member nations.
<h3>Why was the common market formed?</h3>
Through the removal of the majority of trade barriers and the development of a unified external trade strategy, the EEC was created with the goal of establishing a common market among its members. In order to shield EEC farmers against agricultural imports, the treaty also called for the creation of a unified agricultural policy, which was implemented in 1962.
A free trade zone with a reasonably unrestricted circulation of goods and services is referred to as a common market. When it was a regional organization from 1958 to 1993, the European Economic Community was known as the "Common Market."
In a customs union, all or almost all of a country's imports, exports, and transiting commodities are subject to the same set of processes, regulations, and tariffs. Customs union participants typically have similar trade and competition laws.
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Non of the above all of the others take from you or make problems.
Answer:
The real GDP increased by 44%.
Explanation:
The nominal GDP is the measure of economic growth which measures change in output at the current market price.
While, the real GDP calculates the change in output at constant prices. It is inflation adjusted method and does not include change in price level. It purely measures the change in economic output.
The consumer price index = Nominal GDP/Real GDP
In other words, Real GDP= Nominal GDP/consumer price index
Real GDP in 2009=
=$1
Real GDP in 2010=
=$1.44
So, the GDP growth rate will be, $(1.44-1)*100=44%
Answer:
11.3%
Explanation:
O'Brien has the following data
rRF= 5%
RPM= 6%
b= 1.10%
Therefore the cost of equity can be calculated as follows.
= 5% + 6%(1.05)
= 5% + 6.3
= 11.3%
Hence the cost of equity is 11.3%
