A researcher’s spouse holds equity in a publicly-traded pharmaceutical company that is also the sponsor of the researcher’s study.
So, the relationship is the spouse of the researcher.
Conflicts of interest in research are present when a Significant Financial Interest directly affects, or could appear to affect, the professional judgment of a researcher when designing, conducting, or reporting research.
If the spouse/ wife of a researcher holds equity in a publicly-traded pharmaceutical company, then a COI may arise.
It is because if his wife is the sponsor of the financial interests of the researcher, it may influence the research process by affecting the whole structure of the research.
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Answer:
must be supported by several evidence,
Answer:
- Gains from trade
- Consumer Satisfaction
- Greater Efficiency
- Growth Opportunities
Explanation:
According to Investopedia, specialization is a method of production where an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency.
A country can specialize on the production of a particular commodity or service that is peculiar to their part of the world giving them the opportunity to become very efficient and have more opportunities for growth. Some of the benefits of specialization in a country include;
- Economies of scale/ greater efficiency: A country that is involved in specialized production will have very efficient production because the more focus they have on one task, the more efficient they become at this task which reduces the time and money involved in producing a good.
- Gains from trade: Two countries that both have comparative advantages on different products will benefits greatly if they continue in their specialized products and trade. For example country X produces fabric at a very cheap rate and country Y produces rice at a very cheap rate. It will cost country X a greater amount to start rice production than to just trade and get rice from country Y and vice versa. So both countries benefit from specializing and trading.
- Growth Opportunities: A country can gain access to the world market which allows them to grow bigger and in turn increase their efficiency.
- Consumer Satisfaction: Specialization means that cost of production is lower which makes the cost of goods relatively cheaper.
Answer:
The trustee is under a duty to the beneficiaries to invest and mange the funds of the trust as a prudent investor would, in light of the purposes, terms, distribution requirements, and other circumstances of the trust. ... Trustees may have a duty as well as having the authority to delegate as prudent investors would.
Explanation:
