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3 years ago

Select all the descriptions of NAFTA that are true.

2 answers:

8 0

The best and most correct answer among the choices provided by the question are the following:

a trade bloc between Canada, U.S., and Mexico
a trade organization that equally benefits all nations
an agreement to only buy goods from the countries involved
Hope my answer would be a great help for you. If you have more questions feel free to ask here at Brainly.

xxTIMURxx [149]3 years ago

4 0

Answer:

1) A trade bloc between Canada, U.S., and Mexico

2) An organization to lower tariffs

3) A trade organization that equally benefits all nations

Explanation:

The North American Agreement for Free Trade is a trade block between the USA, Canada, and Mexico. NAFTA provides lower tariffs for its members but unlike the European Union that grants free access for Mexican citizens to Canada, and the USA, and vice versa North American workers from the US, Canada and Mexico do not have free access to these countries. In addition to this, it does not restraint the purchases for its members.

In the following years since the NAFTA pact was implemented, the US has exported much more to Canada and Mexico. And Mexico benefited from being a lower cost place for new plants, especially for huge American and Canadian Companies.

Therefore, it's 1,2 and 3.

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Which luxury brand shares its name with the french explorer who is credited with naming canada?

maxonik [38]

Answer:

The luxury brand that shares its name with the french explorer who is credited with naming canada is Cartier.

Explanation:

Cartier is a brand that produces and sells watches and jewelry and it shares its name with the french explorer, Jacques Cartier, who used the word Canada to define an entire area that with time was applied to a larger one and today corresponds to the whole country of Canada.

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3 years ago

A company reports the following amount in its December 31, Year 1, income statement.

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Answer:

Multiple-step income statement for the year ending December 31, year 1

Sales $275,200

Cost of Goods Sold ($185,000)

Gross Profit $90,200

Operating Expenses:

Administrative Expense ($35,000)

Selling expenses ($55,000)

General Expense ($45,000)

Operating Income ($44,800)

Non-Operating Revenue $105,000

Operating Income before tax $60,200

Income taxes ($25,000)

Operating Income after Tax $35,200

Explanation:

Multi-step Income statement segregate the Operating Income and Expenses from non operating Income and Expense. It shows the gross profit and net operating income separately.

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2 years ago

During October, Pharoah Company experiences the following transactions in establishing a petty cash fund. Oct. 1 A petty cash fu

pochemuha

Answer:

The entries are made as follows;

Explanation:

Oct 1. Petty Cash Dr.147

Cash Cr.147

Petty Cash (197-147) Dr.$50

Cash Cr.$50

Supplies Expense Dr.$24.69

Petty Cash Cr.$24.69

Miscellaneous Expense Dr.$14.99

Petty Cash Cr.$14.99

Postage Expense Dr.$14.99

Petty Cash Cr.$14.99

Freight Expense Dr.$5.39

Petty Cash Cr.$5.39

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3 years ago

1. What are the three stages in strategic management? Which stage is more analytical? Which relies most on empowerment to be suc

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Answer:

strategic management: strategy formulation, strategy implementation, and evaluation and control.

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3 years ago

Jacob and Marla were both presented with a complex accounting issue that neither had seen before. Marla was able to look at the

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Answer: Generally, when trying to solve a complex accounting problem in which there are obstacles and little knowledge about the subject, the most advisable thing is to work from a conceptual framework which serves as a guide to find a reasonable answer to the problem in question. In this case Marla was clearly working with a conceptual framework, and instead Jacob was not.

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3 years ago