The Framework Agreement has a provision that authorizes an exception to the MFN treatment rule when the difference in treatment is the result of ________
A. a member granting monopoly status to a service supplier
B. an agreement for the avoidance of double taxation
C. adopting the guidelines specified by the Council on Trade in Services
D. a member retaining restrictive laws governing services
B
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Language is discriminatory when it ________
A) ?stereotypes, insults, or excludes people B) ?contains grammatical or mechanical errors C) ?lacks clarity and conciseness D) ?is not written in the reader's first language
Short-termism is NOT likely to be an impetus for company managers to
A. avoid stock repurchases made to increase earnings-per-share of a company B. carry business operations with existing technologies in all markets to cut costs and increase profits C. take into consideration all tangible future cash flows over intangible brand value appreciation D. decrease spending on research and development E. maintain and hire critical employees with compensations tied to annual company earnings
What is the exclusionary rule and what are the three exceptions to the rule?
The most recent balance sheet and income statement of Oldaker Corporation appear below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Cash and cash equivalents$31 $29 Accounts receivable 73 79 Inventory 44 45 Property, plant and equipment 728 590 Less accumulated depreciation 253 242 Total assets$623 $501 Liabilities and stockholders' equity: Accounts payable$56 $63 Accrued liabilities 21 22 Income taxes payable 26 28 Bonds payable 121 110 Common stock 33 30 Retained earnings 366 248 Total liabilities and stockholders' equity$623 $501 Income Statement?Sales$921Cost of goods sold 575Gross margin 346Selling and administrative expense 117Net operating income229Income taxes
69Net income $160The company paid a cash dividend of $42 and it did not dispose of any property, plant, and equipment. The company did not retire any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.The net cash provided by (used in) financing activities for the year was: A. $11 B. $(42) C. $3 D. $(28)