In which three areas did NAFTA reduce or eliminate tariffs?
Answers
Answer: On agriculture, textiles, and automobiles.
Explanation:
The correct answer is U.S., Canada, and Mexico.
The North American Free Trade Agreement (NAFTA) was implemented to promote trade between the U.S., Canada, and Mexico. The agreement, which eliminated most tariffs on trade between the three countries, went into effect on Jan. 1, 1994.
What tariffs did NAFTA eliminate?On January 1, 1994, Mexico eliminated tariffs on nearly 50 percent of all industrial goods imported from the United States, including some of our most competitive products such as machine tools, medical devices, semiconductors and computer equipment, and telecommunications and electronic equipment.
How did NAFTA benefit all 3 countries?NAFTA boosted trade by eliminating all tariffs among the three countries. It also created agreements on international rights for business investors. That reduced the cost of commerce. It spurs investment and growth, especially for small businesses.
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Related Questions
Determine the correct sequence of the following events from start to finish.
-The kitchen staff prepares the dishes.
-Fatima, the expediter,checks the order before the server picks them up.
-Lara then transmits the order to the kitchen
-Lara takes the order from the customer and notes down.
-Brian, the chef, estimates the time each dish will require for preparation
-Lara retrieves the order and delivers it to her customer
Answers
The correct sequence of the events from start to finish is:
-Lara takes the order from the customer and notes down.Lara then transmits the order to the kitchenBrian, the chef, estimates the time each dish will require for preparationThe kitchen staff prepares the dishes.Fatima, the expediter,checks the order before the server picks them up.Lara retrieves the order and delivers it to her customerWhat is the sequence of ordering food in a restaurant?The first thing that happens is that the waiter picks up the order from the customer and takes note of it. The order will then go to the kitchen where the chef will estimate how long the order will take to be prepared.
The expediter will then check the order when the meal is done but before the waiter picks it up. The waiter than delivers to the order.
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Hey everyone, I just thought you all should know that...
you are AMAZING
you are BEAUTIFUL
you are SMART
you are KIND
you are NOT going to give up on your FIGHT
and you better stay ALIVE!!! <33
Answers
Answer:
thanks lol
you too-
Each fire department member has a specific duty to perform. Match each position with the appropriate role or responsibility.
Answers
Answer:
I'm working on this too man. lemme finish it up and ill tell you the answers
Explanation:
after extensive analysis, a mail order company has decided to embark on a policy of multiple-zone pricing. in which step of the price-setting process would the mail order firm have made this decision?
Answers
The answer is Make special adjustments to the list or quoted price, is the step of the price-setting process would the mail order firm have made this decision.
What is the most accurate way to define price?It is the amount of money provided or set as payment for the sale of a specific good. It can also refer to the quantity of something desired in exchange for another item in a sale or barter.
What does the marketing meaning of price mean?Price is the amount of money that consumers are willing to spend on a product. In addition to linking the price to the product's actual and perceived worth, marketers also need to take into account supplier costs, seasonal reductions, competitor prices, and retail markup.
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Hamilton company uses a periodic inventory system. At the end of the annual accounting period, december 31 of the current year, the accounting records provided the following information for product 1:.
Answers
Finishing stock under FIFO=$6,000 and the cost of products sold under FIFO is $36,000
What is FIFO?
The expression "earliest in, earliest out" (FIFO) alludes to a way to deal with information structure control where the most seasoned passage, or "head" of the line, is taken care of first.
Unit cost Absolute expense
Starting Stock 2,000 $5 $10,000
Buy Walk 21 6,000 $4 $24,000
Buy August 1 4,000 $2 $8,000
Absolute 12,000 $42,000
Finishing Stock 3,000
Products sold during the year:
Opening stock + buys - shutting stock
2,000 + 6,000 + 4,000 - 3,000
12,000 - 3,000 = 9,000 units
Products sold during the year = 9,000 units
FIFO,
Here, the prior products are sold first. This implies the completion stock will be structured as the last buys which cost $2.
Finishing inventory= Stock, Dec 31× unit cost
=3000×$2
Along these lines, Finishing stock under FIFO=$6,000
Cost of goods sold: Under FIFP
=[2,000×5 + 6,000×$4 + 1,000×$5]
=[$10,000+ $24,000 + $2,000]
=$36,000
Thus, the cost of products sold under FIFO is $36,000
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This question is not complete , here I am attaching the complete question:
Hamilton company uses a periodic inventory system. at the end of the annual accounting period, december 31 of the current year, the accounting records provided the following information for product 1: units unit cost inventory, december 31, prior year 2,000 $ 5 for the current year: purchase, march 21 6,000 4 purchase, august 1 4,000 2 inventory, december 31, current year 3,000 required: compute ending inventory and cost of goods sold under fifo, lifo, and average cost inventory costing methods.
All changes saved
2. It's best for event marketers to have a single official website listing information about the event?
Answers
Answer:
True
Explanation:
Customers have a preference for a one-stop shopping experience. In other words, customers would prefer to shop in a store that provides a variety of all the products and services they need.
For event marketers, it will be advantageous if they list all their services on a single website. Customers requiring a wide range of services are likely to contact them for business. If they list services on different websites, customers will likely view them as different providers, offering varied services. This will make them continue searching for a preferred service provider.
What is an example of how organizations can be inclusive of the diversity group that may not be represented in its own workforce?
Question 2 options:
encourage employees to visit foreign lands
invite minority groups in for an Organization Day where they showcase the organization
attend local church services
job preparation workshops
Answers
To be inclusive of a diversity group that may not be represented in its own workforce, organizations can take various steps. Here are a few examples:
1. Encourage employees to visit foreign lands: By promoting international travel opportunities, organizations can expose their employees to different cultures, perspectives, and experiences. This can help foster a more inclusive and diverse mindset among employees.
2. Invite minority groups for an Organization Day: Organizations can organize events where members of underrepresented minority groups are invited to showcase their talents, culture, and contributions. This can help raise awareness, build connections, and foster understanding and appreciation for diversity.
3. Attend local church services: Actively participating in religious or cultural events within the community can show support for diversity and inclusivity. By attending local church services, for example, organizations can demonstrate their willingness to understand and embrace different religious beliefs and practices.
4. Conduct job preparation workshops: Organizations can organize workshops or training programs aimed at providing job preparation
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If you were a university president, what would be some reasons why you would give incoming students merit scholarships?
Answers
Answer:
Some students should be given scholarships to be effective and if they can not offer the fee
I need advice on Commission prices...so far, I have come up with this:
Shoulders&up = $5, Hips&up = $7, Full body = $10
Line Art = see above prices, Black&White = +$3, Colored = +$5
Pet = +$1, Mounted = +$3, Background = +$5
Is this good? Am I over/underpricing my work? Am I just wasting my time and hopes on this?
Answers
Answer:
It's good
Explanation:
Don't put yourself down you're not wasting your hopes or time. You're doing what you like doing and that's what counts
currently under the ________, firms with more than 50 employees are required to offer their employees insurance.
Answers
Currently under the Affordable Care Act (ACA), firms with more than 50 employees are required to offer their employees insurance. The ACA, also known as Obamacare, was signed into law in 2010 and is designed to improve access to healthcare for Americans.
The requirement for firms with more than 50 full-time employees to provide health insurance is called the Employer Shared Responsibility Provision. This provision aims to ensure that employees have access to affordable health coverage and holds employers accountable for providing this benefit.
Under the ACA, companies that do not offer adequate health insurance to their eligible employees may face penalties. These penalties are based on the number of employees and whether or not any employees receive government subsidies for purchasing insurance on the Health Insurance Marketplace.
It is important to note that this requirement only applies to full-time employees, who are defined as those working an average of 30 hours or more per week. Part-time employees, or those working less than 30 hours per week, do not count toward the 50-employee threshold.
In conclusion, the Affordable Care Act mandates that firms with more than 50 full-time employees must offer health insurance to their workers. This requirement aims to increase access to healthcare for employees and hold employers responsible for providing this vital benefit.
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One concern regarding the cohesiveness of a group is the lack of willingness to share ideas and express opinions.
True
False
Answers
False, One concern regarding the cohesiveness of a group is the lack of willingness to share ideas and express opinions.
Which decision made by a leader is most likely to strengthen team unity?Open communication is key to building a cohesive team. Start putting good communication practises into practise if you wish to strengthen team unity. Give team members the tools they need to speak with one another and promote active, honest dialogue
How motivated they are to stick with the squad and how much they are drawn to it?Cohesiveness among the team members refers to how drawn in and motivated they are to stick with the group. Members of highly cohesive teams love being a part of the team, are dedicated to its goals, and take pride in its accomplishments.
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Do you believe that Nelson Mandela was born a leader or made a leader?
Answers
Answer:
I believe he was born a leader
Explanation:
Because he stood up for his people and made whatever deal so that his people can be free and live a normal peace way
-Wild, Shew,Chlappetta,7e, Inventories and Cost of Sales Recall the formula for figuring a company's inventory turnover ratio. Click the answer you think is right. r Cost of goods sold/Average inventory V Inventory -Merchandise Inventory/Average inventory nventory turnover- Inventory turnover - Merchandise Inventory/Cost of goods sold Inventory turnover- Cost of goods sold/Gross profit Do you know the answer? Iknow it Think so No ide
Answers
-Wild, Shew,Chlappetta,7e, Inventories and Cost of Sales Recall the formula for figuring a company's inventory turnover ratio. Inventory Turnover = Cost of Goods Sold/ Average Inventory
Inventory turnover ratio is calculated by dividing the period's cost of goods sold by the period's average inventory. Inventory turnover is a measurement of how many times inventory is sold or used in a given time period, such as a year. It is calculated to determine whether a company has an excessive inventory in comparison to its sales level. A high inventory turnover ratio typically indicates that products are selling on time and that sales are strong during a given period. An excessive inventory ratio, on the other hand, may necessitate constant replenishment, which may result in stockouts.
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Helpmeeeeeeeeeeeeeee
Answers
Answer:
18. b : most economic decisions are made by buyer and sellers
19. b : federal income tax
Explanation:
Question 5
If you are using data-driven decision-making, what action steps would you take? Select all that apply.
Answers
If you are using data-driven decision-making, the action steps you would take include collecting and analyzing data to identify trends and patterns. Here option A, B, C, and D are the correct answer.
Using data to inform and guide decision-making (option b), continuously monitoring and evaluating the effectiveness of decisions (option c), and making adjustments to decisions based on data analysis (option d). Options e, ignoring data and making decisions based on intuition, is not a step in data-driven decision-making.
Data-driven decision-making involves using data to make informed decisions. By collecting and analyzing data, you can identify trends and patterns that can help guide your decision-making. Continuously monitoring and evaluating the effectiveness of your decisions allows you to make adjustments based on data analysis. This approach helps ensure that your decisions are based on evidence rather than intuition.
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Complete question:
If you are using data-driven decision-making, what action steps would you take? Select all that apply.
a. Collect and analyze data to identify trends and patterns.
b. Use data to inform and guide decision-making.
c. Continuously monitor and evaluate the effectiveness of decisions. d. Make adjustments to decisions based on data analysis.
e. Ignore data and make decisions based on intuition.
a surfboard manufacturer orders 100 units of fiberglass material and promises to pay the supplier at a later date. the surfboard manufacturer will record the amount to be paid as
Answers
The manufacturer will record the amount to be paid as accounts payable.
Accounts payable are amounts that a company owes to its creditors for goods or services that it has received but has not yet paid for. These amounts are typically recorded on the balance sheet as a liability and are paid off over time, either through the issuance of additional debt or the use of cash on hand.
In general, accounts payable represent short-term obligations that a company expects to pay off within a year or operating cycle. In the given case the manufacturer has already ordered 100 units made of fibreglass material. He has promised to pay the amount at a later date, thus for the manufacturer, the amount will be recorded as an account payable as it is yet to be paid.
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PLEASE HELP Question 21(Multiple Choice Worth 5 points) (04.09 LC) A paid position with specific duties, tasks, and responsibilities in a particular place of work. O Career Interests O Job O Values Question 22 Multiple Choice Worth 5 points) con. PLEASE HELP
Answers
Answer:
Job
Explanation:
A job is any regular and legal activity that one does to earn money. A job is a responsibility, position, or role assigned to a worker/ employee. Each job has a job description which details what duties the employer expects the employees to perform.
A job refers to employment, either full-time or part-time. It is also a piece of work to be performed.
Type the correct answer in the box. Spell all words correctly. Identify the marketing research technique implied in the scenario. A sports beverage company has created a new ad for their product to air on television. After the ad airs, they intend to show the ad to a certain number of customers and then ask them for their feedback regarding the ad. This company is engaging in the __________ market research technique
Answers
This business is using focus groups for market research.
What is market research?Market research, commonly referred to as "marketing research," is the procedure used to assess the viability of a new service or product by conducting research with prospective customers. Market research enables a business to identify the target market and gather input from customers regarding their interest in the good or service as well as opinions.
This kind of research might be carried out internally, by the business itself, or by a different business that specializes in market research. Surveys, product testing, and focus groups are among methods that can be used.
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If a firm belives tht some of its debtors may default and it should act on this by making sure tht all possible losses are recorded in the books this is an example of which concept
Answers
Answer: Conservatism
Explanation: The conservatism concept can be ncept may be explained as an accounting principle which ensures that an organization tends to be very careful in handling its finances, with the conservatism concept, financial management often lean towards an approach which tends to play down future gains and concentrate more on potential chances of losses in the future. With such approach the organization tends to be very prudent in its financial management. In other words, conservatism shifts toward a tendency to understate its asset or income rather than overstate its asset.
Which of the following questions would be the best to ask if you were interviewing a candidate for a senior management position?
A)How would you deal with a disrespectful employee
B)What hours do you want to work
C)Tell me what you would do if you found out a worker was stealing office supplies
D)Share an example of a time you had to make a difficult but necessary personnel decision
Answers
Answer: D)Share an example of a time you had to make a difficult but necessary personnel decision.
Explanation:
In an organization hierarchy, after the board of directors, the next lower level is the senior management position.
The best to ask if you were interviewing a candidate for a senior management position will be for the person to share an example of a time that the person had to make a difficult but necessary personnel decision.
The senior management role plays a vital part in the achievement of the objectives of the organization as the person involved will be among the decisions makers for the organization. Hence, option D will be the best question to ask the person.
Clients tend to report satisfaction and self-improvement to the degree that there is:
A. a session frequency of at least two times per week.
B. limited financial hardship experienced as a result of sessions.
C. a trusting relationship with the coach.
D. a repetition to the content of the sessions.
Answers
Among the options provided, a trusting relationship with the coach is the most significant factor in clients reporting satisfaction and self-improvement.
A strong and trusting relationship between the client and the coach forms the foundation for effective coaching outcomes.
While factors such as session frequency, limited financial hardship, and repetition of session content can contribute to the overall coaching experience, they are not as directly linked to client satisfaction and self-improvement as the establishment of trust.
Trust allows clients to feel comfortable and open in sharing their thoughts, feelings, and goals with their coach. It enables the coach to provide personalized guidance, support, and feedback tailored to the client's specific needs. Through trust, clients are more likely to engage actively in the coaching process, implement recommended strategies, and make meaningful progress toward their goals.
It is important to note that individual preferences and circumstances may vary, and different clients may place different emphasis on various factors in their coaching experience. However, overall, a trusting relationship with the coach plays a crucial role in clients' reported satisfaction and self-improvement.
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The United States enjoys a free market economy in which _____. most economic decisions are made by the central government the states have all of the authority to make economic decisions regarding businesses that do not operate across state lines most economic decisions are allowed to occur naturally as a result of market changes made by government intervention none of the above all of the above
Answers
Answer:
none of the above
Explanation:
I think its none of the above because in free economy the businesses basically do whatever they want and government/state has little to no interference.
AJ's Markets is being liquidated. The mortgage holder is owed $830,000, the other secured creditors are owed $128,000, and the unsecured creditors are owed $329,000. Administrative costs of liquidation, wage and benefit payments, and consumer claims amount to $330,000. The firm owes no taxes. The building, which is mortgaged, just netted $794,000 after sale costs. The remaining assets have yielded $467,000 in net proceeds. How much will the unsecured creditors receive per each dollar they are owed?
A. $.027
B. $.025
C. $.333
D. $1.00
E. $.533
Answers
Answer:
B. $.025
Explanation:
Calculation to determine How much will the unsecured creditors receive per each dollar they are owed
First step is to determine the Mortgage unsecured
Mortgage unsecured = $830,000 -$794,000
Mortgage unsecured= $36,000
Second step is to calculate the Funds available after expenses
Funds available after expenses = $467,000 - $330,000
Funds available after expenses = $137,000
Third step is to calculate the Funds available after secured claims
Funds available after secured claims = $137,000 - $128,000
Funds available after secured claims= $9,000
Fourth step is to calculate the Total unsecured claims
Total unsecured claims = $36,000 + $329,000 Total unsecured claims = $365,000
Now let determine Percent unsecured claims paid
Percent unsecured claims paid = $9,000 / $365,000
Percent unsecured claims paid= .025*100
Percent unsecured claims paid=2.5%
Therefore the amount of that the unsecured creditors receive per each dollar they are owed will be $.025
URGENT HELP PLEASE
What are some of the reasons that excel is important in a finance career? Why is it important to learn tricks like shortcuts in excel? How is a program like excel better than doing math by hand or with a calculator?
Answers
Answer:
Excel is an important tool in finance as it allows for efficient organization, calculation, and analysis of large amounts of data. The ability to perform complex calculations and present data in a clear and organized manner can save time and increase accuracy compared to doing math by hand or with a calculator. Additionally, shortcuts in Excel allow users to work faster and more efficiently, enabling them to handle larger amounts of data and perform more advanced analysis. Overall, proficiency in Excel is a valuable skill in finance as it enables professionals to perform their job duties more effectively and efficiently.
Hope this helps.
Determine the characteristic for each market segment. This segment contains a common element that unifies its members. This segment contains an element that separates it from other segments. This segment is based on the response of members with a certain outlook. distinction arrowRight homogeneity arrowRight reaction
Answers
Answer:
Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action. Market segmentation enables companies to target different categories of consumers who perceive the full value of certain products and services differently from one another.
KEY TAKEAWAYS
Market segmentation seeks to identify targeted groups of consumers to tailor products and branding in a way that is attractive to the group.
Markets can be segmented in several ways such as geographically, demographically, or behaviorally.
Market segmentation helps companies minimize risk by figuring out which products are the most likely to earn a share of a target market and the best ways to market and deliver those products to the market.
With risk minimized and clarity about the marketing and delivery of a product heightened, a company can then focus its resources on efforts likely to be the most profitable.
Explanation: I was Just taking a test on this
Answer:
Got this correct on the Test.
Explanation:
distinction--->this segment contains an element that separates it from other segments.
homogeneity--->this segment contains a common element that unifies its members.
reaction--->this segment is based on the response of members with a certain outlook.
identifying an example of the factor of production labour used in producing the Nano
Answers
Answer:
The Four Factors of Production
Land Labor Capital
The physical space and the natural resources in it (examples: water, timber, oil) The people able to transform resources into goods or services available for purchase A company's physical equipment and the money it uses to buy
Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation?
Answers
Answer:
Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.
Which aspect of writing business reports relates to the component of credibility known as competence?.
Answers
Providing facts that help decision makers' aspect of writing business reports relates to the component of credibility known as competence.
Competence is the capacity to perform an action successfully. You have the ability to complete a task or job successfully. The knowledge and abilities required to solve a quadratic equation are examples of competence. Alternately, it could include the considerably more extensive and varied sets of talents required to run a multinational organization.
The objective and subjective aspects of a source's or message's plausibility are included in credibility. The concept of "Ethos" is concerned with the speaker's persona.
Trustworthiness and expertise, which both have objective and subjective components, are the two main components of credibility. Although established reliability is an objective criterion, trustworthiness is primarily based on subjective criteria.
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Wavetel, a hardware company based in Europe, acquires Telior, its competitor in a neighboring country. Identify the market-entry strategy that best describes Wavetel's move. Joint venture Direct foreign investment Franchising Indirect exporting
Answers
Answer:
Direct foreign investment.
Explanation:
A foreign direct investment commonly used by abbreviation FDI refers to a cross border investment in a business venture by a firm or individual of the country. In a broad sense, FDI occurs when a stockholder establishes overseas business activities or possesses foreign stock holdings in a foreign firm. FDI is a crucial component of global economic development since it establishes secure and long term trade linkages. FDI is an essential factor for the transfer of technology and infrastructure development and between different nations of the world. As per the question, Wavetel acquires a business firm in a neighboring country and it is a classic example of FDI.
Suppose Andy deposits $45,000 into an account earning 6 % annual interest, compounded monthly. How long will it take for his account balance to reach $67,000? A. 80 months B. 100 months C. 90 months D. 70 months
Answers
The time it will take for his account balance to reach $67,000, given that it is compounded monthly, is approximately c) 90 months (or 7.5 years).
To solve this problem, we need to use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where A is the final amount, P is the initial amount, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the time in years.
In this case, we know that P = $45,000, r = 6% (or 0.06 as a decimal), n = 12 (since the interest is compounded monthly), and we want to find t when A = $67,000.
So, we can plug in these values and solve for t:
$67,000 = $45,000(1 + 0.06/12)^(12t)0
Divide both sides by $45,000:
1.489 = (1 + 0.06/12)^(12t)
Take the natural logarithm of both sides:
ln(1.489) = ln[(1 + 0.06/12)^(12t)]
Simplify:
ln(1.489) = 12t ln(1.005)
Divide both sides by 12 ln(1.005):
t = ln(1.489) / (12 ln(1.005)) ≈ 90 months
Therefore, the correct answer is C. 90 months.
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