An estimated ________ of all international trade is conducted among the 70 nations that were signatories to the CISG as of April 2009
A) 20 percent
B) one-third
C) 45 percent
D) two-thirds
D
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The following information is available for Richardson Company for its first year of operations: Sales in units 5,000 Production in units 8,000 Manufacturing costs: Direct labor $3 per unit Direct material $5 per unit Variable overhead $1 per unit Fixed overhead $100,000 Net income (absorption method) $30,000 Sales price per unit $40 Refer to Richardson Company. If Richardson Company were using
variable costing, what would it show as the value of ending inventory? a. $120,000 b. $64,500 c. $27,000 d. $24,000
Acme Corporation saw an opportunity in the electric car industry. The company had studied major electric car brands such as the Chevrolet Volt and the Nissan Leaf. It believed it could avoid many of the challenges these companies had encountered with a new technology that would reduce costs. Acme also knew from watching competitors that it would have to work hard to convince skeptics that the electric car was a viable and dependable method to get around. By avoiding these mistakes and using its technology, Acme quickly gained market share once it began launching its vehicles. What type of advantage did Acme have?
A. first-mover advantage B. core advantage C. late-mover advantage D. strategic advantage E. market share advantage
In the context of keyeconomic considerations when entering a foreign market, the transportation infrastructure in a country most likely includes _____.
A. power plants B. the Internet C. roads D. banking
The difference between the asked price and the bid price is known as the spread
Indicate whether the statement is true or false