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wlad13 [49]
2 years ago
5

The terms of trade between two countries refers to Multiple Choice what price the two countries agree upon for their imports and

exports. the rules governing trade between the two countries. the amount of Good A given up for Good B. the terms set by the World Trade Organization for trade.
Business
1 answer:
Fofino [41]2 years ago
3 0

The terms of trade between two countries refers to what price the two countries agree upon for their imports and exports. Because, by definition, terms of commerce refer to the ratio of export prices to import prices.

<h3>What is terms of trade?</h3>

The ratio of the index of export prices to the index of import prices is known as terms of trade.

If export prices rise faster than import prices, a country's terms of trade improve, allowing it to buy more imports for the same quantity of exports.

Thus option A is correct.

For more details about terms of trade, click here

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General motors’ stand against apartheid in south africa was based upon what came to be known as _____. the human rights moveme
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When you purchase an turn in a store, you may be charged with
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You have recently won the super jackpot in the Washington State Lottery. On reading the fine print, you discover that you have t
icang [17]

Answer:

should choose option a

Explanation:

option a)

annuity due, 31 payments of $180,000 per year, 6.25% discount rate

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option b)

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6 0
3 years ago
When Paul arrived at work in the morning, he promised his co-workers that he would buy dinner for all of them that evening. He m
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Answer: No, Paul has not breached a contract.

Explanation: To answer this, we must first we must define what a contract is.

A contract is an agreement between two or more people that is legally binding, and which guides or governs the actions or conducts of the parties involved.

A quality that makes a contract legally binding is that it is enforceable by law.

In the scenario given in the question above, Paul has not breached any contract because there isn't one. The promise to buy dinner has not been legally bound, therefore, it is not enforceable by law, in essence, it is not qualified to be called a contract.

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If the majority of service customers are satisfied, it is likely that all service customers will be satisfied.
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 If the majority of service customers are satisfied, it is likely that all service customers will be satisfied. False

Customer service is the provision of service to customers before, during, and after purchase. This makes it an important part of the customer's value chain. Different industries require different levels of customer service [1], but ultimately, the idea of ​​a well-delivered service is to increase revenue. Awareness of a successful customer service interaction depends on employees who are “adaptive to the customer's personality”. [2] Customer service is often practiced in a way that reflects the company's strategy and values. Good customer service is usually valued by customer loyalty. Customer service is part of a company's intangible assets for some companies and can differentiate them from others in their industry. A great customer service experience can change a customer's overall perception of your company. [3]

Good customer service means consistently meeting customer expectations. Good customer service is fast, easy, personal, and caring. Companies that provide excellent customer service take the time to understand the needs of their unique customer base. J.

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