Answer: A.) duopoly
Explanation:
Memory trick: duo means two.
Answer:
The correct answer is C. refers to a situation where a government does not attempt to influence through quotas or duties what its citizens can buy from other countries
.
Explanation:
Free trade is a characteristic of a market through which some "freedoms" are granted in order to encourage the transit of products and services in order to offer it to a greater number of people. Governments establish a series of rules to achieve fair competition within a specific market, always seeking to protect the national industry from abroad. These treaties allow a greater movement of merchandise flows and encourages trade at the local, national and international levels.
Answer:
C.
Explanation:
The Gross national product (GNP) is a tool used to measure the nation's total economic activity. Therefore it can be said that these accounts should not only include imports and exports of final goods and services received from and sold to other countries instead the total values and imports and exports should be included in the calculation of the GNP
Answer:
option (D) Transaction broker
Explanation:
According to the given statements it can be concluded that the best brokerage relationship suited to this couple is
" option (D) Transaction broker "
In a brokerage involving the transaction broker relationship, both the main parties involved in the transaction i.e the buyer and the seller are not responsible for the act of licensee.
The transaction broker acts as an inter mediator for the whole transaction for the negotiations and the exchange of information.
The debt of state and local government is mostly an external debt.
The financial obligations of the government sector are known as a nation’s gross government debt, often known as public debt or sovereign debt Government borrowing over time is mostly due to prior shortfalls in the budget. When a government’s expenses exceed its receipts, a deficit results. Both domestic and foreign residents may be subject to government debt.
Public debt management is the process of creating and implementing a strategy for managing the government's debt to raise the required amount of funding, and meet other goals of government.
Global government debt in 2020 was estimated to be worth $87.4 US trillion, The percentage of government debt in total debt (which includes corporate and family debt) reached its highest level since the 1960s, close to 40%.
To learn more about public debt , refer this link.
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