Answer: It was believed by some politicians and unions that NAFTA poses more harm to the United States economy unlike TTIP.
Explanation:
The North American Free Trade Agreement (NAFTA) is an agreement entered into by Canada, United States, and Mexico that ensures free trade among the countries as it was created to remove tariff barriers to different sectors of the economy and ensure free trade.
The Transatlantic Trade and Investment Partnership (TTIP) is a trade agreement which is proposed between the United States and the European Union with the aim of promoting economic growth and trading activities.
Some politicians and trade unions were in disagreement with NAFTA because it led to job losses especially in the manufacturing firms in the U.S. Companies also threatened to relocate to Mexico in order to keep their workers from joining trade unions and this suppressed wages as workers could not negotiate for better wages.
NAFTA allowed trucks from Mexico to enter the United States. These Mexican also entered the United States illegally by crossing the border. These were some of the reasons some people were not in agreement with NAFTA.
Crispin Mattresses doing business in Florida is known as a Domestic corporation.
<h3>What is Domestic corporation?</h3>
A domestic corporation is a business that operate its business transactions within a country. A domestic corporation would typically conducts its affairs in its home country.
An example is if a company is formed in a particular state, the business is a domestic corporation in that state. However, the state where the business is incorporated is a foreign business in any other state.
Hence, Crispin Mattresses doing business in Florida is known as a Domestic corporation.
Learn more about Domestic corporation here: brainly.com/question/913870
Answer:
The question is missing the amount of output units that each additional unit of labor generates, but we can calculate how many units each additional unit of labor should produce in order to maximize profit.
In order for a firm to maximize its profit, the marginal revenue product (MRP) = marginal cost (MC).
MRP = output units per additional unit of labor x price per unit = U x $9
MC = $700
U x $9 = $700
U = $700 / $9 = 77.78, so we round up to 78 units
In order to maximize profit, each additional unit of labor must generate 78 additional units of output.
The market for carbon allowances is set by the regulatory authority.
The answer is true bc businesses depend on consumers buying their product
