Answer:
D. Incomplete
Explanation:
The information supplied by the furniture manufacturing can be described as incomplete because it fails to state how big or how small the wooden logs should be to serve the purpose of what it is wants to be used for. It only states the kind of quality that the wood should be and that it should be of the same size.
Answer:
$15.625
Explanation:
The computation of the no-arbitrage U.S. price of one ADR is shown below:
= Euro U.S. dollar spot exchange rate × closing price per share × number of shares
= €.625 × €5 per share × 5 shares
= $15.625
Simply we multiply the Euro U.S. dollar spot exchange rate with the closing price per share and the number of shares so that the correct price of one ADR can be come
Answer:
a. other countries have a comparative advantage over Vietnam and Vietnam will import textiles.
Explanation:
A country has comparative advantage if it produces a good or service at a lower opportunity cost when compared to other countries.
The price of textile in Vietnam is higher when compared with other countries, this shows that Vietnam doesn't have a comparative advantage in the production of textile.
Vietnam should import textiles and use its resources to produce other goods for which it has a comparative advantage.
I hope my answer helps you.
A ‘con’ maybe? only thing i can think of
