Answer:
Option e: Increased opportunities for growth
Explanation:
Global trade is simply the exchange of goods between different countries.Trade is an exchange of items between people or countries.Countries are able to obtain goods they need from other countries.
four major risks in international business includes Country risk, commercial risk, cross-cultural risk, and currency risk.
Increased opportunities for growth is not an effect of risk in global trade.
Answer:
A. to the company's system of internal controls.
Explanation:
The statement of responsibility is a statement that is usually in line with the laid down rules and the regulation of the governing body. It is a statement of the procedures that shows that the management is able to maintain a good and effective internal controls over financial reports. These are to show how reliable the informations are and to see that proper authorizations are given for transactions and that assets are safe.
Answer:
a. - 3. an ideal randomized controlled experiment
b. - 2. an observational cross a sectional data set.
c. - 1. an observational time series data set.
d. - 4. an observational panel data set.
Explanation:
a. Choose a random group of employees to receive ten hours per week in additional training for a period of four weeks. Then, estimate the difference in productivity between workers who received the additional training and those that did not.
Option 3. an ideal randomized controlled experiment best describes this statement.
b. Data on hours spent on training a group of ten different employees in a certain day.
Option 2. an observational cross â sectional data set best describes this statement.
c. Data on hours spent on training the same employee for seven consecutive days.
Option 1. an observational time series data set best describes this
d. Data on hours spent training for a group of ten individual employees for seven consecutive days.
Option 4. an observational panel data set best describes this statement.
Answer:
The correct answer is option d.
Explanation:
Absolute advantage refers to the situation when a firm can produce more of a commodity at the same cost, or same level of commodity at a lower cost.
Morocco can produce 25 metric tons of grain and 75 metric tons of date.
While France can produce 20 metric tons of grain and 10 metric tons of date.
We see that Morocco can produce more of both the commodities so it has an absolute advantage in production of both grain and dates.
Comparative advantage refers to the situation when a country is able to produce a commodity at a lower opportunity cost.
The opportunity cost of producing a metric ton of dates for Morocco is
= 
= 
= 0.2
The opportunity cost of producing a metric ton of dates for France is
=
= 
= 2
Morocco has a lower opportunity cost in producing dates so we can say that it has comparative advantage in producing dates.
The opportunity cost of producing a metric ton of grain for Morocco is
=
= 
= 5
The opportunity cost of producing a metric ton of grain for France is
=
= 
= 0.5
France has a lower opportunity cost in producing grains so we can say that it has comparative advantage in producing grains.
Countries that are in this state are measured according to the said three major areas. If it performs below the average, it means that the Gross National Product (GNP), Gross Domestic Product and Gross National Income are all low. The countries are categorized as Least Developed Countries (LDC's). The United Nations identified the following countries in Asia as LDC; Afghanistan, Bangladesh, Bhutan, Cambodia, East Timor, Laos, Myanmar Nepal and Yemen.
