In the past 20 years the United States has entered into several "free trade agreements." The commonality of these free trade agreement has been making it easier for foreign companies to sell their goods in the United States (imports) and for American companies to sell their goods overseas (exports). In your initial post, summarize the key points of specific trade agreement the United States has entered into in the last 25 years. Be sure to include the other counties involved and what kinds of trade restrictions and/or tariffs were changed as a result of that agreement. Include citations at the end of your post (should be easy to find info on trade agreements on the web). In your response posts please discuss how you think these trade agreements have impacted the United States. Be sure to include in your response something about which Americans benefit form the agreement, which Americans are hurt by the agreement, and the impact the agreement has had on GDP.
Answers
Answer:
A specific trade agreement would be the US - Colombia trade agreement, which was signed on 2006.
Explanation:
This trade agreement reduced 80% of tariffs that used to applied to goods exported from the U.S. to Colombia, and from Colombia to the U.S.
The agreement benefits consumers in both countries because it allows each country to specialize in the production of those goods that they do best, for example, coffee in the case of Colombia, and industrial goods in the case of the United States.
However, because the United States is a much more powerful country, with a higher level of development, consumers in the US have benefited more than Colombian consumers.
Related Questions
It costs Sunland Company $26 per unit ($18 variable and $8 fixed) to produce its product, which normally sells for $38 per unit. A foreign wholesaler offers to purchase 4400 units at $21 each. Sunland would incur special shipping costs of $2 per unit if the order were accepted. Sunland has sufficient unused capacity to produce the 4400 units. If the special order is accepted, what will be the effect on net income
Answers
Answer:
Effect on income= $4,400 increase
Explanation:
Because it is a special order and there is unused capacity, we will not take into account the fixed costs.
To calculate the effect on income, we need to use the following formula:
Effect on income= number of units*unitary contribution margin
Effect on income= 4,400 (21 - 18 - 2)
Effect on income= $4,400 increase
Suppose that the Federal Reserve Bank announces that it will be making a change to a key interest rate to increase the money supply. This is likely because
Group of answer choices
A.)the Federal Reserve Bank is worried about inflation.
B.)the Federal Reserve Bank is worried about unemployment.
C.)the Federal Reserve Bank is hoping to reduce the demand for goods and services.
D.)the Federal Reserve Bank is worried that the economy is growing too quickly.
Answers
Answer:
A.)the Federal Reserve Bank is worried about inflation.
Explanation:
Give me brainliest if that helped!
Does the number of foreclosures in the early 2000s support the statement that the American Economy has a free financial system?
Answers
Answer:
The number of foreclosures in the early 2000s support the statement that the American Economy has a free financial system is explained below in detail.
Explanation:
Federal Reserve acquisitions of federal agency securities and mortgage-backed agreements have decreased mortgage interest valuations, advancing home-buying more affordable. The Federal Reserve emerged new laws for credit cards, contracts, and other financial outputs following the furrow of the financial crisis.
10 points! Please answer I beg! In a paragraph, How would you describe the brand McDonalds personality? This must be a short-answer paragraph describing the way the brand sounds in communications
Answers
Answer:
mcdonalds yumy and funny
Explanation:
Sự gia tăng về giá cả một loại hàng hóa nào đó không chắc chắn là sự gia tăng của lạm phát.đúng hay sai?
Answers
Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2
Answers
The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1
To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.
Here's how to calculate the marginal product for each worker:
Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.
Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.
Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.
Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.
Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.
Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.
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Financial aid letters show your aid and costs of attendance for _____.
Answers
Financial aid letters show your aid and costs of attendance for an academic year.
What is a financial aid letter?This is a letter that a tertiary institution gives to a student to show the cost of their attendance at the college they are currently enrolled in.
The period covered in the letter is the academic year which means that the costs associated with two semesters of attending the university will be shown to the student.
These costs will include things like tuition fees, room and board fees, transportation and other miscellaneous costs.
The letter will also include all the financial aids that the student may receive including federal grants, college grants, state grants, and federal loan options that a person may be eligible for.
In conclusion, financial aid letters show the costs of attendance in an academic year and the aid that comes with it.
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In which country and economic system are ALL the decisions about
production, consumption, business creation, exchange rates, and the
overall economy made by the government?
Answers
A socialism is an economic system in which all the decisions about production, consumption, business creation, exchange rates, and the overall economy are made by the government. An example of the country with socialism as the economic system includes North Korea, Soviet Union.
What is a socialism?
It refers to the political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
This system calls for a public ownership rather than a private ownership or control of property and natural resources.
Therefore, the socialism is an economic system in which all the decisions about production, consumption, business creation, exchange rates, and the overall economy are made by the government.
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what is the reading about?
Answers
"Group decision making is better". Do you agree or disagree with the statement? Give 3 reasons why do you say so?
Answers
Answer:
I agree because it make the group bring out more ideals
sometimes group decision make some people to voice out their problems
group decision help organization and firms to operate in good aims
which of the following is the mission of the federal reserve bank? i. preserve price stability ii. foster economic growth and employment iii. promote a stable financial system
Answers
Answer:
Explanation:
iii. promote stable financial system....or maybe
ii. foster economic growth and employment
becz........
The mission of the Federal Reserve System is to foster the stability, integrity, and efficiency of the nation's monetary, financial, and payment systems so as to promote optimal macroeconomic performance. to the public....
The objective of the Federal Reserve Bank is to support a stable financial system, encourage economic growth, and create jobs. The right answers are therefore (ii) and (iii).
What do you know about federal reserve bank?The most recent organizations established by the American government to fulfill the duties of a central bank are the Federal Reserve Banks. Previous organizations include the Independent Treasury (1846–1920),
the National Banking System, the First (1791–1811) and Second (1818–1824) Banks of the United States, among others (1863–1935).
With respect to these institutions, there are several policy issues that need to be addressed, such as the extent to which private interests can sway decisions, how to balance regional and national economic concerns,
how to avoid financial panics, and what kind of reserves should be used to support currencies.
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which of these industries is among the fastest growing today?
Answers
Today, the health care industry is among the fastest growing today. The Option B is correct.
Why is health care industry fast growing?Medical advances and advancements in medicine and technology have a significant impact on the growth of the healthcare industry, affecting demand for healthcare services.
All these creates more opportunities for workers who are required to provide these services. Those with a master's degree in healthcare management will have many opportunities to fill these positions.
Missing options " A. the Postal Service B. health care C. manufacturing D. education
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Grace is a self-employed sales consultant who spends significant time entertaining potential customers. She keeps all the appropriate records to substantiate her entertainment. She has the following expenses in the current year:
Meals where business was conducted $5,000 Greens fees (all business) 500
Tickets to baseball games (all business) 500
Country Club dues (all business use) 6,000
What are the tax-deductible meals and entertainment expenses Grace may claim in the current year? On which tax form should she claim the deduction?
Answers
Answer:
any options?
Explanation:
Answer: Schedule C
Explanation:
The Interior Design Educators Council works for the advancement of interior design education. True False
Answers
Answer:
true
Explanation:
Which Thomas says generic action options for managing diversity is most illustrated in the case?
Answers
The person in history named Thomas who is often associated with discussing generic action options for managing diversity is Thomas Roosevelt. He was an American sociologist and advocate for civil rights who emphasized the importance of promoting diversity and equal treatment in society. However, please note that without further context or specific information about a case, it is difficult to provide a more precise answer.
Last year sales of XYZ company are Rs. 900,000 and 80% sales are on credit. Gross profit margin is 25% on sales. The closing stock value is Rs. 90,000. What must be the inventory turnover ratio and age of inventory of the firm?
Answers
The inventory turnover ratio of the firm is 7.5 times, and the age of inventory is 48.67 days.
What is turnover?
In business and finance, turnover refers to the total amount of revenue generated by a company through its operations over a specific period of time, typically a year. It can also refer to the rate at which a company's inventory is sold and replaced over a given period of time, usually a year. Turnover can be measured in terms of sales revenue, number of units sold, or number of transactions processed.
In accounting, turnover can also refer to the number of times a particular asset, such as inventory or accounts receivable, is replaced or converted into cash over a specific period of time. This is commonly referred to as the inventory turnover ratio or accounts receivable turnover ratio, respectively.
In general, turnover is an important metric used to evaluate a company's financial performance and efficiency, as it indicates how effectively a company is able to generate revenue from its operations and manage its assets.
To calculate the inventory turnover ratio and age of inventory of the firm, we need to use the following formulas:
Inventory turnover ratio = Cost of goods sold / Average inventory
Age of inventory = 365 days / Inventory turnover ratio
To calculate the cost of goods sold, we first need to calculate the total sales and the gross profit.
Total sales = Rs. 900,000
Credit sales = 80% of total sales = 0.8 x Rs. 900,000 = Rs. 720,000
Cash sales = Total sales - Credit sales = Rs. 900,000 - Rs. 720,000 = Rs. 180,000
Gross profit = Gross profit margin x Total sales = 0.25 x Rs. 900,000 = Rs. 225,000
Cost of goods sold = Total sales - Gross profit = Rs. 900,000 - Rs. 225,000 = Rs. 675,000
To calculate the average inventory, we need to add the opening and closing stock values and divide by 2.
Closing stock value = Rs. 90,000
Assuming that the opening stock value is the same as the closing stock value, the average inventory is (Rs. 90,000 + Rs. 90,000) / 2 = Rs. 90,000
Now we can calculate the inventory turnover ratio and the age of inventory:
Inventory turnover ratio = Cost of goods sold / Average inventory = Rs. 675,000 / Rs. 90,000 = 7.5 times
Age of inventory = 365 days / Inventory turnover ratio = 365 days / 7.5 times = 48.67 days
Therefore, the inventory turnover ratio of the firm is 7.5 times, and the age of inventory is 48.67 days. This means that the company sells its entire inventory 7.5 times in a year, and it takes around 48.67 days to sell its inventory.
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Elliptical Consulting is a consulting firm owned and operated by
Jayson Neese. The following end-of-period spreadsheet was
prepared for the year ended June 30, 2019.
Based on the spreadsheet below, prepare an income statement,
statement of owner's equity, and balance sheet for Elliptical
Consulting.
Please submit your completed assignment in Blackboard.
F
G
A
1
2
3
4
5
6 Account Title
B. Tc D
E
Elliptical Consulting
End-of-Period Spreadsheet
For the Year Ended June 30, 2019
Unadjusted
Trial Balance Adjustments
Dr. Cr. Dr. Cr.
Adjusted
Trial Balance
Dr. Cr.
27,000
53,500
3,000
30,500
8 Cash
9 Accounts Receivable
10 Supplies
11 Office Equipment
12 Accumulated Depreciation
13 Accounts Payable
14 Salaries Payable
15 Jayson Neese, Capital
16 Jayson Neese, Drawing
17 Fees Earned
18 Salary Expense
19 Supplies Expense
20 Depreciation Expense
21 Miscellaneous Expense
22
23
27,000
53,500
(a) 2,100
900
30,500
4,500
(b) 1,500
6,000
3,300
3,300
(C) 375
375
82,200
82,200
2,000
60,000
60,000
(c) 375
32,375
(a) 2,100
2,100
(b) 1,500
1,500
2,000
150,000 3,975 3,975 151,875 151,875
2,000
32,000
2,000
150,000
Answers
Answer:
Please submit your completed assignment in Blackboard.
Explanation:
In a job shop, effective capacity is 60 percent of design capacity, and actual output is 90 percent of effective capacity.
a. What is the utilization? _____ (enter the exact value rather than the percentage)
b. What is the efficiency? _____ (enter the exact value rather than the percentage)
c. What design capacity would be needed to achieve an actual output of 108 jobs per hour? ______ jobs/hour
Answers
The utilization is 54 and the efficiency is 90.
The utilization will be calculated thus:
= Effective capacity × Actual output
= 60% × 90%
= 0.60 × 0.90
= 0.54
= 54
The efficiency is 90 percent.
The design capacity that's needed will be:
= Desired output / (0.54 × 0.9)
= 108/ (0.54 × 0.9)
= 108 / 0.486
= 222 jobs.
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If consumers start saving more rather than spending, what is most likely to happen? A Decrease in Savings, B Increase in the real interest rate, C Decrease in the Supply of loanable funds, D Decrease in the real interest rate
If the Federal Reserve institutes Contractionary Policy, which of the following is most likely to increase? A Interest rates ,B Gross Domestic Product ,C Government spending , D Tax rates
Answers
If consumers start saving more rather than spending, the most likely outcome would be a decrease in the real interest rate (option D).
If the Federal Reserve institutes Contractionary Policy, the most likely outcome would be an increase in interest rates (option A).
What happens If consumers start saving more rather than spendingThis happens because an increase in savings means that there is more supply of loanable funds in the market, which can lead to a decrease in the cost of borrowing and, consequently, a decrease in the real interest rate.
What happens if Federal Reserve institutes Contractionary PolicyIf the Federal Reserve institutes Contractionary Policy, the most likely outcome would be an increase in interest rates (option A). Contractionary policy is designed to reduce the money supply and slow down economic growth to combat inflation.
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In cell D13, use the keyboard to enter a formula that uses the SUM function to calculate the total of the values in range D4:D11
Answers
To add in Excel we must use the following formula =SUM (cell name: cell name).
How to add in Excel?In the Microsoft Excel computer program we have the possibility to add the values of different cells using a formula. To perform a sum we can use the following formulas:
We must put the equal symbol (=), then write "SUM" and put in parentheses the names of the cells that we want to include in the sum, for example:=SUM(A2:A10), with this formula we will add the values of cells A2:10.On the other hand, we have the possibility of adding the cell values of different rows with the following formula:
=SUM(A2:A10, C2:C10) Sums the values in cells A2:10, as well as cells C2:C10.Learn more about Excel in: https://brainly.com/question/23501096
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Match each of the economic sanctions below with an example of its use.
Boycott
?
Consumers refuse to buy
goods from companies
that use child labor.
Trade sanction
?
The U.S. government
prevents U.S. businesses
from trading with Iranian
businesses.
Embargo
?
The European Union
imposes a high tariff on
agricultural products
imported from the United
States.
Answers
It's correct?
Explanation:
It looks correct and even says correct? Don't understand the problem with this.
Consumers refuse to buy goods from companies that use child labor is the example of Boycott as the child labor is the crime and government has boycott the child labor.
What is child labor?Child labor is defined as work that harms children or stops them from attending school.
In recent decades, growing differences between rich and poor have pulled millions of young children out of school and into labor around the world, including in the United States.
Thus, option A is correct.
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Karen owns a designer clothing store in a small town. Since her store is the only store that offers designer outfits, she charges high prices for them. In the same town, another store deals in similar apparels but offers them at cheaper rates. Karen wants to maintain the exclusivity of her store. She is planning to slash prices. This move may incur losses. However, she is determined to give a tough competition to her competing store and ensure that it goes out of business.
Answers
Answer:
Antitrust law
Explanation:
The government uses Antitrust laws to prevent creation of monopolies. These laws ensure that no single firm prevents competition unreasonably. So, Karen's action of cutting down prices to eliminate the competitor will come under government scrutiny.
Partial income statements of Schneider Products Inc. are reproduced below: 2019 $50,000 20,000 $30,000 2020 $50,000 23,000 $27,000 Sales Cost of goods sold Gross profit The 2019 ending inventory was overstated by $2,000 during the physical count. The 2020 physical inventory count was done properly. Required: 1. Calculate the impact of this error on the gross profit calculated for 2019 and 2020. 2. What is the impact of this error on total assets at the end of 2019 and 2020? Net assets?
Answers
Answer:291929
Explanation:
When your father was born 48 years ago, his grandparents deposited $250 in an account for him. Today, that account is worth $36,500. What was the annual rate of return on this account
Answers
Answer:
10.94%
Explanation:
Your father was born 48 years ago
His grandfather deposited $250 in an account for him
Today the money is worth $36,500
The annual rate of his return can be calculated as follows
= 36500/250 ×1/48= (1+r/100)
= 146^0.020833= (1+r/100)
= 1.1094-1
= 0.10940×100
= 10.94%
my bunnies Lola (gray and white) and Sylvester (brown)
Answers
Answer:
cute
Explanation:
theyre so cute
Answer:
omg your bunnies are SO cute!
Explanation:
:D
Interest will gather on all of the
following EXCEPT which one?
A. a cash purchase
B. an automobile loan
C. a home loan
D. a credit card loan
Answers
Which education and qualifications are most helpful for Revenue and Taxation careers? Check all that apply.
leadership skills
customer-service skills
adaptability and flexibility
integrity
math skills
foreign language skills
knowledge of finance laws
CORRECT ANSWERS:
Customer service skills
Integrity
Math skills
Knowlage of finance
Answers
Answer:
Customer service skills
Integrity
Math skills
Knowledge of finance
Explanation:
Answer:
1. Customer service skills 2. Integrity 3. Math skills
4. Knowledge of Finance
Explanation:
I got it right on edg
United States Steel Corporation’s (X) 7.5% bonds due in 2022 were reported as selling for 103.2.
Icon Were the bonds selling at a premium or at a discount? Why is United States Steel able to sell its bonds at this price?
Answers
Answer:
because they are able to create it at a lower price
Explanation:
As a result of the lower market interest rate for bonds of comparable quality, the bonds were being sold for a premium.
What are bonds?The loan given by an investor to a debtor is represented by a bond, a fixed-income financial instrument. The terms of the loan and the payments are outlined in a bond, which can be compared to an I.O.U. between the lender and borrower.
The amount the bank charges the borrower when making a loan of any kind is referred to as the interest rate. This interest rate-based loan amount must be repaid by the borrower along with the principal sum.
Keeping in mind that investors are prepared to pay more for securities that have lesser potential risk, the bonds are going to sell for more than their nominal value if the market rate of return is lower than the contract rate of interest.
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Do high risk or low risk investment have a higher return potential?
Answers
Although there is a chance that high-risk investments will produce greater returns than other types, they also pose a higher danger to your capital.
Why do you use the term "investment"?
An asset or item purchased with the intention of creating income or recognition is said to as an investment. A buy of goods that aren't consumed immediately but will be used to generate wealth later on is referred to as an investment in an economic outlook.
Which four sorts of investments are there?
There are four basic asset classes, or investment types, from which you can select. Each has unique characteristics, dangers, and benefits.
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A decrease in the Supply of Loanable
Funds increases the interest rate. With
which of the following does this
correlate?
A. leftward shift in supply
B. rightward shift in supply
C. no shift in supply
Answers
A decrease in the supply of loanable funds causes a leftward shift in the supply curve.
Hence, Option A is CorrectA movement to the left on the demand curve indicates a decline in the demand for loanable funds. The amount of loanable money will decline, and real interest rates will rise, as a result of these two changes.
The actual interest rate will decline as loanable funds become more plentiful.
The actual interest rate will rise as the availability of loanable money declines.
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