An economic community is a set of countries organized to work towards commonplace goals inside the law of international trade.
International trade is the trade of goods and services among nations. trading globally gives clients and countries the opportunity to be uncovered to items and services no longer to be had of their very own nations, or extra highly-priced regionally.
International trade is known as the exchange or alternate of products and services between exclusive nations. This type of change contributes to and will increase the sector economy. The maximum usually traded commodities are tv units, garments, machinery, capital goods, food, uncooked cloth, and so forth.
Popular worldwide change fashions universally do not forget maximizing the supply of less expensive items as the objective of worldwide change. They then cross on to expose that price lists and different impediments to exchange reason for a loss of monetary performance.
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Answer:
Explanation:
The problem requires excel work so that is why the below picture is attached for good explanation and I hope it helps you. Thank you.
Answer:
$2,000
Explanation:
Calculation for Pita Pit Interest amount
Borrowed Amount = $100,000
Interest Amount at December 31st 2021
= $100,000*12/100*2/12
= $2,000
Therefore Pita Pit should report interest expense at December 31, 2021, in the amount of:$2,000
Answer:
$-22,000
Explanation:
The sales price variance is a measure of the difference between what a firm expected to make in sales revenue, and what it actually made.
The formula is:
(Actual Selling Price - Expected Price) x Units Sold
Plugging the amounts into the formula we obtain:
= (15,000 - 16,000) x 22
= -1,000 x 22
= -22,000
Thus, the price variance is -22,000
1. Paying her bill late( messes up your credit score)
2. Overspending ( self-explanatory)
3. Using her credit card on unknown website( increases risk of fraud)