Suppose that Colombia imports cars from Australia. The free market price is $9,200.00 per car. If the tariff on imports in Colombia is initially 38%, Colombians pay per car. One of the accomplishments of the Uruguay Round that took place between 1986 and 1993 was significant across-the-board tariff cuts for industrial countries, as well as many developing countries. Suppose that as a result of the Uruguay Round, Colombia reduces its import tariffs to 19%. Assuming the price of cars is still $9,200.00 per car, consumers now pay the price of per car.
Based on the calculations and the scenarios presented, the Uruguay Round most likely in Colombia and in Australia.

1) Colombians pay $ 12,696,000 per car.

2) Consumers now pay the price of $10,948,000 per car.

Explanation:

1) Given that Colombia imports cars from Australia, and the free market price is $ 9,200.00 per car, if the tariff on imports in Colombia is initially 38%, Colombians pay $ 12,696,000 per car.

This arises from the following calculation:

9,200.00 x 1.38 = X

12.696.00 = X

2) Since that as a result of the Uruguay Round, Colombia reduces its import tariffs to 19%. Assuming the price of cars is still $ 9,200.00 per car, consumers now pay the price of $10,948,000 per car.

This arises from the following calculation:

9,200,000 x 1.19 = X

10,948,000 = X

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

the correct option is c