Nipennie and Mirasa, two developing countries, bartered cotton for jute rather than for currency. In this scenario, the two countries engaged in counter-trade.
Explanation:
Counter-trade is an internal mode of trade through which products and services are traded instead of hard currency for any other products or services. For developing nations with restricted exchange or credit services, this form of global trade is more prevalent.
Counter-trade can be divided into 3 main categories: trade, counter purchase and reimbursement.
The earliest counter-trade practice is bartering. An important advantage of counter trade is that it makes foreign exchange savings simpler. Complex agreements, increased costs and logistic problems are rising drawbacks of counter trade.
<span>The answer is net present
value. It is the difference between the present value of cash inflows and the
present value of cash outflows. NPV is used in capital budgeting to examine
the effectiveness of a projected investment or
project. A net present value that is positive stipulates that the
projected earnings produced
by a project or investment surpasses the anticipated costs. In general, an
investment with a positive NPV will be a profitable one and the one with a
negative NPV will result in a net loss. </span>
In most societies, resources are allocated by the combined action of millions of households and firms.
Resources are very important to setup and build societies. Resources are scare and this is the reason why societies and households faces many decisions. How societies manage scare resources, we study this in economics.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Division A has a profit of $199,000 on sales of $2,340,000. Division B is able to make only $32,500 on sales of $368,000
Gross profti margin= gross profit/revenue
Division A:
Gross profit margin= 199,000/2,340,000= 0.085= 8.5%
Division B:
Gross profit margin= 32,500/368,000= 0.088= 8.8%
Answer:
cyclical unemployment.
Explanation:
Unemployment that results because the number of jobs available in some labor markets may be insufficient to give a job to everyone who wants one is called cyclical unemployment.
