How is trade in service defined under the GATS?

What will be an ideal response?

The Framework Agreement defines trade in services. It does so in terms of modes of supply. Four modes are described: (1) the cross-border supply of services that do not require the physical movement of either the supplier or the consumer (such as telecommunications), (2) the supply of services that require the consumer to go to the supplier (such as tourism), (3) services supplied by a service supplier from one member state by means of a commercial presence in another member's territory (such as banking), and (4) services supplied in the territory of a member state by a service supplier from another member state by means of the temporary presence of natural persons of another member state (such as construction or consulting work).

Business

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Alexander Corp. has the following balances as of December 31, 2017

Total Assets $110,000 Total Liabilities 67,000 Total Equity 43,000 Calculate the debt to equity ratio. (Round your answer to two decimal points.) A) 0.64 B) 0.92 C) 1.56 D) 2.56

Business

When Reynolds Protection Agency sells the same service to three different types of organizations, the segmentation approach being used is:

A) industry B) size C) geographic D) usage

Business