Which of the following is true of the World Trade Organization (WTO)?

A) It was replaced by the GATT in 1995.
B) It increases tariffs and other international trade barriers.
C) It lacks the power to impose international trade sanctions.
D) It restricts the maximum number of member nations to 100.
E) It mediates global trade disputes.


E

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Norwood, Inc purchased a crane at a cost of $80,000 . The crane has an estimated residual value of $5,000 and an estimated life of 8 years, or 12,500 hours of operation. The crane was purchased on January 1, 2015 and was used 2,700 hours in 2015 and 2,600 hours in 2016. Refer to the information about Norwood, Inc What amount will Norwood, Inc report as depreciation expense over the 8-year life of

the equipment? a. $60,000 b. $72,000 c. $75,000 d. $80,000

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In the case of conducting the t-test on the means of two samples of observations, the samples can be ________ or ________

A) independent; random B) random; exclusive C) exclusive; dependent D) independent; paired E) set-up; breakdown

Business

Which of the following would not be considered a limitation of simulation modeling?

A) Models are typically unstructured. B) Validation of simulation models can be difficult. C) The cost of building simulation can be prohibitive. D) Simulation allows flexibility in analyzing systems.

Business

U.S. laws that prohibit discrimination in employment apply to U.S. em-ployees working for U.S. firms located abroad

Indicate whether the statement is true or false

Business