+1-415-670-9189
info@expertsmind.com
General agreement on tariffs and trade
Course:- Business Economics
Reference No.:- EM13795698




Assignment Help
Assignment Help >> Business Economics

In the 1950s, imports and exports of goods and services constituted roughly 4% to 5% of U.S. GDP. In recent years, exports have accounted for approximately 12% of GDP, while imports have more than tripled to over 15% of GDP.

Which of the following help to explain the increase in international trade and finance since the 1950s? Check all that apply.

An increasing number of import quotas

Better high-speed rail lines

Improvements in telecommunications

International trade agreements such as the General Agreement on Tariffs and Trade (GATT)




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
Suppose you are the manager of the only theatre in town that plays Shakespeare. You found that the quantity demanded for your tickets decreases from 160 to 150 when the ticket
How much interest is payable each year on a loan of $1000 if the interest rate is 9% per year when half of the loan principal will be repaid as a lump sum at the end of 3 year
Suppose that the inverse demand curve is: p(q) = a - bq; and the cost function is: c(q) = cq: Draw a graph showing the demand curve and marginal cost curve, with dollars on th
The average girl on this planet walks 4 miles a day carrying 5 gallons of water for her entire family to use (for the day). How far did you (apx) have to walk this morning to
Petunia is receiving $43328.0 semi-annually (twice a year) from an annuity that pays a nominal annual rate of 5.0% compounded semi-annually. She will receive this for 15.0 yea
Why is it possible to have a stable equilibrium with two competitors in the Hotelling model but not three? What we happen if there were four competitors. The usual assumptio
"In a recent 'earnings call,' a teleconference call to shareholders in which the CEO reports and discusses quarterly earnings per share, Coca-Cola's CEO Muhtar Kent bragged ab
From an economic standpoint, evaluate the effect of a minimum wage on the market for low-wage labor. Include the following: Discuss what economic theory predicts will happen.