Which of the following accounts is used for recording merchandise for resale?
A) Purchases
B) Purchase Discounts
C) Purchase Discounts Lost
D) Sales
Answer: A
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Three Mexican retailers Famso, Grupo Gigante SA, and Grupo Comercial Chedraui SA have opened stores in the United States. This is an indication of:
A) U.S. retailers were lagging behind in collecting demographic information. B) the Mexican retailers provide better products than American stores. C) the Hispanic American segments represent a great opportunity for marketers. D) American businesses cannot compete with Mexican retailers. E) the Mexican retailers would like to compete with businesses like Best Buy and Circuit City.
What are some of the concerns if the European Union decides to sign a free trade agreement with the United States?
What will be an ideal response?