A number of multilateral trade agreements have accelerated the pace of global integration which include:
A) NAFTA.
B) GATT.
C) WTO.
D) EU.
E) all of the above
E
You might also like to view...
It is important to learn the language of business in order to understand the impact of economic events on a specific company
Indicate whether the statement is true or false
Exhibit 15.1 Zorn Corporation is deciding whether to pursue a restricted or relaxed working capital investment policy. The firm's annual sales are expected to total $4,400,000, its fixed assets turnover ratio equals 4.0, and its debt and common equity are each 50% of total assets. EBIT is $150,000, the interest rate on the firm's debt is 10%, and the tax rate is 40%. If the company follows a restricted policy, its total assets turnover will be 2.5. Under a relaxed policy its total assets turnover will be 2.2. Refer to Exhibit 16.1. Assume now that the company believes that if it adopts a restricted policy, its sales will fall by 15% and EBIT will fall by 10%, but its total assets turnover, debt ratio, interest rate, and tax rate will all remain the same. In this situation, what's the
difference between the projected ROEs under the restricted and relaxed policies? Do not round intermediate calculations. A. 1.83% B. 1.88% C. 2.21% D. 1.55% E. 2.12%
Ron, the manager of Sav-Mart Discount Store, detains Tina, whom Ron suspects of shoplifting. Tina sues Ron, alleging that the detention was false imprisonment. Ron is liable if Tina
A. did not actually shoplift. B. had not shoplifted in the past. C. had probable cause to leave the premises. D. was detained for an unreasonably long time.
Firms with fewer than 20 employees make up about what percentage of all the businesses in the United States?
a. 10 b. 40 c. 60 d. 85 e. 25