All categories

2 years ago

What is the most common method of measuring flows of trade?

1 answer:

4 0

The most common method to measure flows of trade is the comparison between the exportation of merchandise, services, and the capital of the countries.

<h3>What is trade?</h3>

Trade is the situation where the countries buy (import) from or sell (export) to the countries outside the boundaries of their own territories.

Exports referred to the scenario where one country provides goods and services to another country abroad. The comparison of goods, services, and monetary capital of foreign countries with respect to their own countries can be used as a common method to measure the trade flows.

Therefore, the exporting of goods, services, and capital to other countries is the method to determine trade flows.

Learn more about the trade from the related link:

brainly.com/question/3617318

#SPJ4

You might be interested in

Handling inventory materials and parts, and supervising the shipping process belongs to the ______ career pathway.

Sonja [21]

I believe it is inventory

7 0

3 years ago

Read 2 more answers

You are the project manager of the BHY Project. Your project customer has demanded that the project becompleted by December 1. D

son4ous [18]

Answer:

A. Constraint

Explanation:

A project constraint is a limit to a project. The three most common types of project constraints are:

Scope constraint - the project can be very ambitious and try to become a market leader, or it can be very niche and limited in scope.
Budget constraint - the project can have a very large budget, or it could be limited by very scarce economic resources.
Time constraint - the project might have to be completed in a long or in a short period of time.

In this case, as a project manager of BHY, your project has a time constraint: you must completed it by December 1, no matter what.

3 0

3 years ago

The jackson family is undecided about whether or nara buy a new car of the

ICE Princess25 [194]

The question is incomplete. The complete question is :

The Jackson family is undecided about whether or not to buy a new car. If the probability is .9 that they will buy one, and if the probability is .3 that they will buy a Ford, and if the probability is .4 that they will purchase a car getting more than 20 miles per gallon, what is the probability that they will buy either a car getting more than 20 miles per gallon or a Ford, if all Fords get more than 20 miles per gallon?

Solution :

Given that :

The probability of buying a new car, $P(NC) = 0.9$

Probability of buying Ford = 0.3

That is, if Jackson family buy a car that is a ford car, $P(F) = 0.9 \times 0.3$

= 0.27

The probability for getting more than 20 miles per gallon = 0.4

That is if Jackson family buy a car that have more than 20 miles per gallon mileage, $P(20) = 0. 9 \times0.4=0.36$

The conditions

All of the car have more than 20 miles per gallon mileage.

It means that buying a ford car is subset of getting more than 20 miles per gallon.

$P(20 \text{ miles per gallon}\ \cap \ \text{Ford})=P(F)$

Therefore, the probability of buying a car either getting more than 20 miles per gallon or ford = $P(20 \text{ miles per gallon}\ \cup \ \text{Ford})$

Therefore,

$P(20 \text{ miles per gallon}\ \cup \ \text{Ford})=P(20) + P(F) - P(20 \text{ miles per gallon }\cap \ \text{Ford})$

$P(20 \text{ miles per gallon}\ \cup \ \text{Ford})=P(20) + P(F) - P(F)$

$P(20 \text{ miles per gallon}\ \cup \ \text{Ford})=P(20)$

= 0.36

Thus the probability that Jackson family is buying a car either getting more than 20 miles per gallon or ford is 0.36

3 0

3 years ago

– are illegal markets that emerge in response to price controls. A few buyers are able to obtain the good at the open-market pri

kirill [66]

Answer:

TRUE

Explanation:

Because the price is below equilibrium the quantity will fall and shortage will ocour. Because of that the price in the black market will become even higher than it was before the price control, making the price control counter productive.

So this additional demand is met at much higher prices than legal market.

8 0

3 years ago

Read 2 more answers

Rodarta Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company's predetermin

maksim [4K]

Answer:

$329 unfavorable

Explanation:

The fixed manufacturing overhead volume variance shows how much the actual production differs from the budgeted production.

Fixed manufacturing overhead volume variance is computed as;

= Actual output at budgeted rate - Budgeted fixed overhead

= (4,830 × $4.70) - ($4.70 × 4,900)

= $22,701 - $23030

= $329 unfavorable

Therefore, the overall fixed manufacturing volume variance for the month is $329 unfavorable

7 0

3 years ago