The terms of trade between two countries refers to what price the two countries agree upon for their imports and exports. Because, by definition, terms of commerce refer to the ratio of export prices to import prices.
<h3>What is terms of trade?</h3>
The ratio of the index of export prices to the index of import prices is known as terms of trade.
If export prices rise faster than import prices, a country's terms of trade improve, allowing it to buy more imports for the same quantity of exports.
Thus option A is correct.
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Answer:
$44
Explanation:
The computation of the accrued interest expense is shown below:
= Face value or Principal × rate of interest × number of days ÷ (total number of days in a year)
= $6,600 × 8% × (30 days ÷ 360 days)
= $44
We assume there are 360 days in a year
And, the 30 days is calculated from December 1 to December 31
This is the answer and same is not mentioned in the given options.
Answer: Knowledge
Explanation: IDRC engages in expertise, creativity, and strategies to increase the quality of life in developing countries as a segment of Canada's international affairs and development activities. IDRC aims to address realistic development issues with the brilliant minds in Canada and across the globe.
In addition to promoting global stability and development, partnering with local academic institutions and financing agencies effectively decreases reliance on assistance while establishing political leadership.
Thus, from the above we can conclude that the primary focus in the program is on knowledge.
Answer:
C
Explanation:
A computerized accounting system is a software program that is stored on a company´s computer, network server, or remotely accessed via the internet and it can be a great benefit for a business. It can help streamline ccounting steps and help minimize errors.
Labor saving is the main aim of introduction of computers in accounting. It refers to annual savings in labor cost or increase in the volume of work handled by the existing staff.
Savings in time in another adg¿vantage. Time saved by using computers may be used for other jobs.
Answer:
Statistical inference
Explanation:
Statistical inference is the act of drawing a conclusion about a population which is based on statistics gotten from a sample drawn from that particular population. In this scenario, a sample of boys and girls within the ages of four to eight is used to make a generalization about what every young kids want in their apps. The example given is an example of statistical inference. The right answer is statistical inference.