Business, 19.07.2021 17:20 9826zed

The international trading framework was developed after World War II as a way of supporting free trade. In 1947, 19 governments concluded an intergovernmental agreement, General Agreement on Tariffs and Trades (GATT), to facilitate their trade cooperation by committing to a set of trade rules along with its enforcement mechanism. Its successor, the World Trade Organization (WTO), which currently has more than 150 member-countries, has carried on the mission since 1995. The GATT was a multilateral agreement with the objective of liberalizing trade, such as eliminating tariffs, subsidies, and import quotas The early years for GATT were very successful, but during the 1980s and early 1990s, it faced opposition from an increase in greater protectionism around the world. The WTO operates on the same basis of consensus as GATT, but it has been more effective at policing and enforcing its rules. Additionally, it has expanded trade rules on services and intellectual property rights in addition to industrial goods.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 11:30

Amano s preguntes cationing to come fonds and consumer good 8. why did the u.s. government use rationing for some foods and consumer goods during world war ii?

Answers: 1

Answer

Business, 22.06.2019 21:20

Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was:

Answers: 2

Answer

Business, 22.06.2019 22:00

In 2018, laureen is currently single. she paid $2,800 of qualified tuition and related expenses for each of her twin daughters sheri and meri to attend state university as freshmen ($2,800 each for a total of $5,600). sheri and meri qualify as laureen’s dependents. laureen also paid $1,900 for her son ryan’s (also laureen’s dependent) tuition and related expenses to attend his junior year at state university. finally, laureen paid $1,200 for herself to attend seminars at a community college to her improve her job skills.what is the maximum amount of education credits laureen can claim for these expenditures in each of the following alternative scenarios? a. laureen's agi is $45,000.b. laureen’s agi is $95,000.c. laureen’s agi is $45,000 and laureen paid $12,000 (not $1,900) for ryan to attend graduate school (i.e, his fifth year, not his junior year).

Answers: 2

Answer

Business, 22.06.2019 23:30

Miller company’s most recent contribution format income statement is shown below: total per unit sales (20,000 units) $300,000 $15.00 variable expenses 180,000 9.00 contribution margin 120,000 $6.00 fixed expenses 70,000 net operating income $ 50,000 required: prepare a new contribution format income statement under each of the following conditions (consider each case independently): (do not round intermediate calculations. round your "per unit" answers to 2 decimal places.) 1. the number of units sold increases by 15%.

Answers: 1

Answer

You know the right answer?

The international trading framework was developed after World War II as a way of supporting free tra...

Questions