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Answer:
C. To avoid having to pay for hospital bills resulting from an accident they cause
Explanation:
The purpose of any sort of insurance is to limit or eliminate the policy-holder's liability. Medical insurance in an auto policy pays for medical bills the policy-holder might otherwise be liable for as a consequence of an auto accident.
Answer:
Option (a) is correct.
Explanation:
The law of comparative advantage states that a country is producing and exporting a good in which it has a comparative advantage and importing a good in which it has a comparative disadvantage.
Therefore, this will make the countries more specialized and there is an exchange of goods among the trading nations.
Each country is then specialized in the production of a good in which it has a comparative advantage and hence, the joint output of the trading nations increases.
Answer:
Exporting
Explanation:
Exporting refers to the sale of goods and services to a country different from the one in which they were produced. According to this, the answer is that in this scenario, Infinite Coffee's activities best illustrate exporting because the company sells the coffee to merchants in foreign markets.
Answer:
The answer is: D
Explanation:
Program trading is the use of computer programs or algorithms to trade a portfolio of stocks at a high frequency and in large numbers. These algorithms, essentially 'machine traders', are created to make trades on behalf of humans and are anticipated to have more precision and speed than human traders. However, these trades are created, monitored and analysed by human traders. The New York Stock Exchange classifies the coordinated trading of a group of 15 or more stocks with a combined market value of $1, 000, 000 as program trading.
