Answer:
Please find the detailed answer as follows:
Explanation:
International trade provides many benefits:
1. Technology differences, some countries are capital intensive and some are labor intensive. So the countries produce the good according to their intensivity. And export and import take place which is beneficial for the countries.
2.differentiated products.
When trade take place between the countries, then all the opportunity to consume different products. And countries produce their goods according to their labor and capital ratio and produce different variety of goods.
3.Specialisation in production
Countries specialise in the goods in which they have a comparative advantage.
Answer:
$ 226.04
Explanation:
Given:
Paying fund, FV = $ 30000
Interest rate, i = 2%
Time, t = 10 years
Now,
![\textup{PMT}=\textup{FV}[\frac{i}{(1+i)^n-1}]](https://tex.z-dn.net/?f=%5Ctextup%7BPMT%7D%3D%5Ctextup%7BFV%7D%5B%5Cfrac%7Bi%7D%7B%281%2Bi%29%5En-1%7D%5D)
since, the payment is made monthly
thus,
n = 10 × 12 = 120 months
i = 2% / 12 = 0.02 / 12
on substituting the values in the above equation, we get
![PMT={30000}[\frac{\frac{0.02}{12}}{(1+{\frac{0.02}{12}})^{120}-1}]](https://tex.z-dn.net/?f=PMT%3D%7B30000%7D%5B%5Cfrac%7B%5Cfrac%7B0.02%7D%7B12%7D%7D%7B%281%2B%7B%5Cfrac%7B0.02%7D%7B12%7D%7D%29%5E%7B120%7D-1%7D%5D)
or
PMT = $ 226.04
Answer: at all times
Explanation: To compete and stand out in today's market, there is need for proper marketing planning and this should be done AT ALL TIMES. This is because the more you plan, the more you discover new strategies of making your market stand out, the more your goals are attainable.
