What is the purpose of the General Agreement on Tariffs and Trade (GATT)?
A. To devalue currencies and limit cross-border movement of funds.
B. To overcome shortages of private capital to make loans for rebuilding war-torn nations.
C. To raise the cost of imports, making them less competitive with similar domestic goods.
D. To expand trade by eliminating discriminatory barriers.
Answer: D. To expand trade by eliminating discriminatory barriers.
Business
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Orange Electronics Inc. has a profitability ratio of 0.14, an asset turnover ratio of 1.7, a debt to equity ratio of 0.60, and a total asset to equity ratio of 1.60. What is the firm's ROE?
A) 14.28% B) 22.85% C) 38.08% D) 41.76%
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Discuss the contributions of Philip Crosby to quality theory
What will be an ideal response?
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