An international economic and political movement designed to help goods and services flow more freely across international boundaries is referred to as Free Trade.
<h3>What is
Trade?</h3>
- Transferring goods and services from one person or entity to another involves trade, frequently in exchange for cash.
- A system or network that permits trade is referred to as a market by economists.
- Bartering was a primitive type of trade in which commodities and services were directly exchanged for other goods and services.
- Barter is the practice of exchanging goods without using cash.
- Nowadays, most trade agreements are reached using a medium of exchange, like money.
- As a result, selling or earning can be distinguished from buying.
<h3>What are the three different trades?</h3>
- Futures traders that are active employ a range of analyses and methods.
- There are solutions to fit everyone's preferences, ranging from ultra-short-term technical approaches to fundamentals-driven buy-and-hold strategies.
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Answer: Opposing side
Explanation:
Substitutes to the products offered by monopolies are frowned upon by monopolies because it means that they cannot raise prices whenever they want anymore because people could simply switch to the substitutes.
Substitutes therefore reduce the power of monopolies. Marijuana is a substitute to beer as a recreational product so beer companies would be opposed to it being legalized as it would pose a threat to whatever dominance they have in the recreational sector.
Answer:
Distributor.
Explanation:
A distributor is a whole seller nominated by a company to most times exclusively redistribute the company products to all retailers and institutions in a designated territory.
A distribution may be required under three circumstances:
-for entering into a new town.
-for additional coverage in the same town.
-for replacing an existing distributor.
The expectations from the distributors must be defined right at the beginning so that the perspective candidates can be advised and secondly to get the right kind of distributors.
False. Performance ambiguity lowers the cost of control.
Performance ambiguity comes about when the cause of a persons poor performance is not clear. Since this happens due to unclear reasons, it does not lower the cost of control. Performance ambiguity is usually found within international companies and transnational firms. These types of companies are located in many different countries.
Answer:
Please see below
Explanation:
The question above is incomplete. See concluding parts
2. Calculate the activity rates for the four activities . Round your answers to the nearest cent. Processing account per account issuing statement processing transactions per enquiry. If the total number of statement issued was 20,000 calculate the cost of the issuing statements activity.
1. Capacity cost rate
= Total resources / Total checking processing hours
= $396,000 / 22,000
= $18 per hour
2. Calculate the activity rates for the four activity. Round your answers to the nearest cent.
Processing accounts
= 0.20 × $18 = $3.6 per account
Issuing statements
= 0.10 × $18 = $1.8 per statement
Processing transactions
= 0.05 × $18 = $0.9 per transaction
Answering inquiries
= 0.15 × $18 = $2.7 per inquiry
If the total of issuing statement was 20,000 calculate the cost of issuing the issuing statement activity
Issuing statement
= 20,000 × $1.8
= $36,000