The Given Statement is TRUE. Banks helped international trade by allowing merchants access to money in different locations.
<h3>
What is International Trade?</h3>
International Trade is the exchange of goods and services across international borders. It usually comes with additional risks caused by changes in exchange rates, government policies, laws, judicial systems, and financial markets.
International trade drives a country’s growth. Import-export figures are one of the top contributors to a country’s gross domestic product. Thus, every country tries to strengthen its global trade relationships with world leaders.
<h3>What is the role of the banks in International Trade?</h3>
Banks facilitate international trade by providing financing and guarantees to importers and exporters. While access to external funds is important for domestic production, it is especially important for exporting firms.
<h3>What did a Merchant do?</h3>
Merchants were those who bought and sold goods, while landowners who sold their own produce were not classed as merchants.
Thus, we can conclude that the above statement is TRUE.
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NPV stands for net present value, which refers to the amount of money that is invested today and how much it could potentially be worth in the future. If Alby Ldt. decided they did not want to invest after calculating the potential NPV, it's likely that the future value of the purchase would not be worth the investment.
Answer:
He has a teenage daughter that was pregnant or with a little child.
Explanation:
The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) vouchers are vouchers provided by the federal government to states to ensure that low income pregnant teenager or women, infants and children have access to supplemental food, healthcare, etc. This is in a bid to ensure that every pregnant woman, their children or infants are well taken care of and have access to better health system among other things.
These vouchers cater for over millions of people through their over 40,000 merchants all over the world.
Cheers.
Answer:
Beta= 1.133
Explanation:
Giving the following information:
Coke:
beta= 1.1
Investment= $10,000
Wal-Mart:
beta= 1
Investment= $20,000
<u>First, we need to calculate the proportion of investments:</u>
Coke= 10,000/30,000= 0.33
Wal-Mart= 20,000/30,000= 0.77
<u>Now, to calculate the beta of the portfolio, we need to use the following formula:</u>
Beta= (proportion of investment A*beta A) + (proportion of investment B*beta B)
Beta= (0.33*1.1) + (0.77*1)
Beta= 1.133
Answer:
The answer is;
Deviation is the difference between the observed value of a quantity and the true value, residual is the difference between the observed value of a quantity and the mean of the observed values
Explanation:
The error of an observed value is the deviation of the observed value from the true value of a quantity of interest (for example, a population mean).
The residual of an observed value is the difference between the observed value and the estimated value of the quantity of interest (for example, a sample mean)
