Business, 01.07.2019 23:30 natimike10
What will be your response to this article. the article "what's going on with weak global trade? " suggest that global trade has hit it's peak. "global trade hit historic lows after the financial crisis, but by 2011, it seemed trading volume between countries had improved, with growth in that year reaching 6.2 per cent - not far off from the pre-crisis average of 7.1 per cent. but in the following years, trade started slumping again. in 2012, growth was only 2.8 per cent, while in 2013, it averaged three per cent." (gazzete, 2015). when i look at data from the world bank i don't see evidence that global trade has weakened. merchandise exports reached a high in 2014 of $19.085 trillion (usd) and in 2017 was at $17.82 trillion. over the last 3 years there has been a drop off, but when you look at numbers from 2005 merchandise exports were just at $10.58 trillion. according to the standard international trade classification there are 9 categories of high technology: aerospace, computers & office machines, electronics-telecommunications, pharmacy, scientific instruments, electrical machinery, chemistry, non-electrical machinery and armament."either china or the united states was the largest provider in all nine of them and also occupied five of the second spots. china was the leading provider in electronics-telecommunications (eur 64 billion), computers-office machines (eur 45 billion) and electrical machinery (eur 4 billion). the united states was the leading provider in the aerospace (eur 46 billion), pharmacy (eur 18 billion), scientific instruments (eur 12 billion), non- electrical machinery (eur 4 billion), chemistry (eur 1 billion) and armament (eur 0.2 billion). second places other than those for the united states or china where held by switzerland (pharmacy and non-electrical machinery), vietnam (electronics-telecommunications) and japan (aerospace)".(eurostat, 2018) high technology exports have steadily increased from 2005 to 2014. technology is advancing everyday and eventually will take us to a better standard of living. right now most of the high technology that's being traded is between big market countries. this is an area of international trade that is dominated by the u. s. and china. i think having a more balanced market across the board would in the growth of world trade. i don't agree with the article "what's going on with weak global trade? ", world trade hasn't reached it's peak. post your response to this article
Answers: 1
Business, 22.06.2019 04:10
Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.
Answers: 1
Business, 22.06.2019 08:20
Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand
Answers: 3
Business, 22.06.2019 10:30
Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner
Answers: 1
Business, 22.06.2019 11:00
On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.
Answers: 1
What will be your response to this article. the article "what's going on with weak global trade? " s...
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