Norway embassies in 82 countries. 60 countries maintain an embassy in Norway, all of them in the capital, Oslo. Norway is a founding member of the United Nations (UN), the North Atlantic Treaty Organization (NATO), the Council of Europe and the European Free Trade Association (EFTA). Norway issued applications for accession to the European Union (EU) and its predecessors in 1962, 1967 and 1992, respectively. While Denmark, Sweden and Finland obtained membership, the Norwegian electorate rejected the treaties of accession in referenda in 1972 and 1994. After the 1994 referendum, Norway maintained its membership in the European Economic Area (EEA), an
Organic composition of capital in the Marxian literature. One is formula_2. This is the ratio of constant capital to newly produced value (roughly, what modern economists call "value added"), i.e., surplus-value + variable capital and close to the concept of a capital/output ratio. Less common is the measure used by Paul M. Sweezy, i.e., formula_3, the ratio of constant capital to the total capital invested. The total capital tied up by a capitalist enterprise includes more than fixed assets, materials and wages/salaries; it also includes liquid funds, reserves and other financial assets. For instance, an employer must normally reserve funds to pay for ongoing