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3 years ago

Why does competition among traders affect how much of the gains from trade are given to the countries involved in the trade?

Business

1 answer:

erma4kov [3.2K]3 years ago

5 0

Answer:

As competition increases, traders must offer certain advantage to their clients, e.g. lower prices, credit sales, longer payment terms, etc., which end up benefiting their clients, and also traders will be willing to relinquish some of their gains to keep existing clients.

This is exactly the same thing that occurs in a given market when the number of suppliers increases, decreasing the equilibrium price and increasing consumer surplus.

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On January 8, an applicant filled out an application for a life insurance policy but did not include the initial premium. The in

const2013 [10]

Answer: January 26

Explanation:

A life insurance policy is simply a contract that an individual has with an insurance company whereby the individual makes premium and in turn, the insurance company would have to give a death benefit, to the beneficiaries of the insurance policy once the insured dies.

Based on the information in the question, the coverage become effective on January 26 which was the day the policy was delivered and the first premium was collected.

3 0

3 years ago

a broker enters into a listing agreement with a seller. the seller advertises and negotiates a sale contract on the house. at cl

Aliun [14]

A listing agreement is a contract between the property proprietor and the estate broker. The listing agreement must have been an exclusive right to sell.

<h3>What is Exclusive Right-to-Sell Listing Agreement?</h3>

An Exclusive Right-to-Sell Listing Agreement is one of the types of listing agreement that is a contract signed by the broker and the owner. The broker acts as an agent that has been involved in sales.

The owner has to pay a commission to the broker even if the sales were not through the agent during the time period of the contractual agreement. The property in the time period cannot be listed with another broker.

Therefore, the listing agreement is Exclusive Right-to-Sell.

Learn more about exclusive right-to-sell, here:

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6 0

2 years ago

Market anomaly refers to _______.A. an exogenous shock to the market that is sharp but not persistentB. a price or volume event

Klio2033 [76]

Answer:

the correct answer is C. A trading or pricing structure that interferes with efficient buying and selling of securities.

Explanation:

7 0

3 years ago

Who is this a random girl from the web or some one else

djverab [1.8K]

Random girl from the web.

4 0

3 years ago

Read 2 more answers

Managers today need to look past traditional viewpoints in determining the success of their company's strategy. One such approac

bogdanovich [222]

Answer:

The Balanced Scorecard

Customer satisfaction:

Perspective: Customer: This perspective concentrates on things like customer service.

Goal: Service: This would be the level of customer service.

Measure: How do our customers see us? Survey: This would be the results of an online customer satisfaction survey.

Internal processes:

Perspective: Internal business: This perspective focuses on the things that a company has to do internally to meet and exceed customer expectations.

Goal: Productivity: This would concentrate on changes to the process involved in production.

Measure: How do we look to our shareholders? Analysis: This would use data from the ERP system to look into success levels of company processes.

Innovation and improvement activities:

Perspective: Innovation and Learning: This perspective is concerned with making sure employees learn and grow so they can continually innovate.

Goal: Training: This would focus on providing enhanced training opportunities for employees.

Measure: What do we need to excel at? Results: This would look at changes in the skill level of employees.

Financial measures:

Perspective: Financial: This perspective has to do with the conversion of performance into financial performance and the creation of value.

Goal: Growth: This would concentrate on an increase in sales.

Measure: Can we continue to improve and create value? Sales: This would be the annual sales figures.

Explanation:

The balanced scorecard which Bryan is developing for KanO Mines helps KanO Mines to understand how to create value in the organization. With the balanced scorecard as a strategic planning and management tool, organizational goals are communicated to KanO Mines, so that his daily activities are aligned with the organizational strategy. It also helps him to prioritize his projects, products, and services. The balanced scorecard does not only deal with perspectives and goals, it also helps KanO Mines and his manager, Bryan, to measure and monitor his progress towards achieving the set organizational strategic goals.

4 0

3 years ago