How do trade agreements of international organizations affect trade? by incentivizing the development of trade policies by eliminating tariffs and taxes on imports and exports by encouraging countries to provide open access to trade by helping smaller countries compete in the world market
A trade agreement (sometimes known as a trade pact) is a comprehensive tax, tariff, and trade treaty that frequently contains investment guarantees.
What are the benefits of international trade and agreement?Some of the advantages of a trade agreement include reduced tariff barriers, increased exports, economies of scale, increased competition, use of surplus raw materials, and so on. These are some of the benefits gained by international traders as a result of trade agreements.
Thus Option C is correct about the trade agreement.
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Answer:
How do trade agreements of international organizations affect trade?
by incentivizing the development of trade policies
by eliminating tariffs and taxes on imports and exports
by encouraging countries to provide open access to trade The answer
by helping smaller countries compete in the world market
2. What does a correlation coefficient of 0.76 between two assets indicate?
(1 point)
Answer:
The two assets are highly correlated
Explanation:
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Kelly is purchasing a property that has an assessed value of $160,000. If the tax rate is 2.5%, what will Kelly likely pay annually in property taxes
Given that the tax rate is 2.5%, then, the amount that Kelly will likely pay annually in property taxes is $4,000.
What is a property tax?This is a type of tax imposed on the purchase of property in a particular region.
Given data
Assessed value is $160,000
Tax rate is 2.5%
Tax payable = $160,000 * 2.5%
Tax payable = $4,000
Therefore, the tax payable on the property is $4,000.
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