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4 years ago

Global trade provides consumers with

Business

1 answer:

n200080 [17]4 years ago

5 0

Global trade provides consumers with MORE OPTION AND LOWER PRICES.

Explanation:

Global trade provides consumers the opportunity to be exposed to goods and services not available in their home countries. Products that are sold within an international trading market are considered exports, while those purchased from the global trade market are labeled as imports.

It is thought that Global trade provides consumers with a great variety of goods and more options delivered at lower prices. Global trade allows countries to exchange goods and resources. Some countries specialise in producing some goods, while other countries specialise in producing other goods. By doing so, there are lower opportunity prices for consumers and a greater choice of goods.

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What can give working people information about their fields, including conferences and leadership opportunities in those fields?

Semenov [28]

Answer:

a professional organization

Explanation:

A professional organization is formed to promote the growth of the profession and advance the interest of people working in that profession.

A professional organization is also known as a professional association. It facilitates communication and connection among its professionals. It supports innovations and creativity that help develop and grow the profession. Through their regular meeting, members of a profession share information on the trending issues, opportunities, and challenges affecting the profession.

8 0

3 years ago

Read 2 more answers

Matt is considering the purchase of a condo on a mortgage. However, he is not sure on the amount of mortgage he is eligible for.

Rudiy27

Answer:

A. Prequalification

Explanation:

First, the Options to the Question

a. Prequalification

b. A contingency clause

c. A Multiple Listing Service

d. Due diligence

What is a PreQualification in Mortgage Processing

Because most persons who are interested in buying a home do not have hundreds of thousands of dollars in cash to purchase the home of their dreams, the concept of mortgage is to approach a lender who will then advance the needed sum for the purchase and then the borrower will pay the advanced sum over some time (most times up to 30 years) at an interest rate.

A PreQualification is a process through which the lender evaluates the creditworthiness of the borrower and also decide the amount of loan the borrower is entitled to. This is done through the financial documents and records made available to the lender by the borrower

One important takeaway from a prequalification is that it is an approximation of what a borrower is entitled to base solely on the information given to the lender. It is, therefore, an approximation which can be less or more when the official application for the loan is submitted.

As stated in the question, getting a prequalification helps Matt to identify and understand the areas of problems and credit report errors that may arise and then he can use the prequalification information to attend to these errors and ensure a proper application is submitted that will allow him to maximise the amount of loan that can be made available to him.

Once Matt has corrected errors and identified problems that may arise on his mortgage application, he then gathers the relevant document and goes for the first formal process in mortgage processing which is the preapproval.

6 0

3 years ago

Read 2 more answers

The crowding out effect will be greater than

ELEN [110]

Answer:

The correct answer to the following question is option B) .

Explanation:

Crowding effect refers to a situation where due to the increase in interest, there is a decrease in investment ( private investment spending ), which in turn leads to decrease in initial increase in investment. Here the interest rate have increased because of the expansionary fiscal policy implemented by the government, where they have increased their spending. A high magnitude of crowding effect can lead to decrease in the money supply in economy.

6 0

3 years ago

""The average daily rate charged by member banks for overnight loans of reserves" best describes the:"

Elodia [21]

Answer:

Federal funds rate

Explanation:

Federal funds rate is the interest rate at which commercial banks borrow and lend their excess reserves to each other overnight.

8 0

3 years ago

You are given the following long-run annual rates of return for alternative investment instruments: U.S. Government T-bills 3.10

Dvinal [7]

Answer:

The real rate of return is 0.10%

Explanation:

For computing the real rate of return, we need to apply the formula which is shown below:

( 1 + nominal rate) = ( 1 + real rate) × (1 + inflation rate)

So,

The real rate = {(1 + nominal rate) ÷ (1 + inflation rate)} - 1

= ((1 + 3.10%) ÷ (1 + 2%)} - 1

= (1.031 ÷ 1.02) - 1

= 1.0107 - 1

= 0.10

The Government T-bills is only the nominal rate so we considered this only

5 0

4 years ago