Under the MFN rates the United States can grant lower tariff rates to a less developed country in order to stimulate economic growth?

Indicate whether the statement is true or false


True

Business

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A firm is offered credit terms of 1/10 net 45 EOM by a major supplier. The firm has determined that it can stretch the credit period (net period only) by 25 days without damaging its credit standing with the supplier

Assuming the firm needs short-term financing and can borrow from the bank on a line of credit at an interest rate of 14 percent, the firm should ________. A) give up the cash discount and finance the purchase with the line of credit B) give up the cash discount and pay on the 70th day after the date of sale C) take the cash discount and pay on the first day of the cash discount period D) take the cash discount and finance the purchase with the line of credit, the cheaper source of funds

Business

A financial plan is only concerned with your future earnings and expenses. An examination of your current financial situation is not so important

Indicate whether this statement is true or false.

Business

An object cannot be an instance of numerous classes

Indicate whether the statement is true or false

Business

Which of the following is a reason for the growth of the World Wide Web?

A. The microcomputer revolution. B. Advancements in networking hardware. C. Web pages being easy to create and flexible. D. All of the above.

Business