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Dmitriy789 [7]
3 years ago
8

Which one of the following is not an assumption for the law of one price? a. There is free competition b. There is no transporta

tion cost c. There are no tariffs d. The skill level of workers is identical in both countries
Business
1 answer:
icang [17]3 years ago
8 0

Answer:

d. The skill level of workers is identical in both countries.

Explanation:

The Law of One Price is an economic theory which explains that the price of identical or similar goods in different markets must be the same after taking the currency exchange into consideration. In law of one price, there is perfect competition and It ensures that buyers have the same purchasing power across global markets.

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Your cousin, who is in his early thirties, owns his own internet marketing company. before starting the internet marketing compa
Nadya [2.5K]

Answer:

This is an example of expertise

Explanation:

Expertise can be seen with the wide range of knowlege. Expertise can be seen in how the knowlege is applied as well.

5 0
3 years ago
Indicate whether each of the following is counted in the United States gross domestic product for the year 2006. Explain your an
iVinArrow [24]

The value of used textbooks sold through an online auction in 2006 is the gross domestic product for that year.

<h3 /><h3>Which of the following variables is used when computing GDP?</h3>

The calculation of a country's GDP takes into account both total private and public consumption, government spending, investments, increases in private inventories, paid-in building expenses, and the international balance of trade. (Imports are deducted from the total, while exports are added.)

<h3>What are the gross domestic product's four components?</h3>

The four primary parts of the gross domestic product are government spending, corporate investment, personal consumption, and net exports. 1 That tells what a country is best at producing. GDP is a measure of a country's annual total economic production.

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3 0
11 months ago
A country's overall level of interest rates should have an impact on the financial account of the BOP. Relatively low real inter
Alex777 [14]

Answer: a. True

Explanation: Higher interest rates tend to attract foreign investment, increasing the demand for and value of the home country's currency. Foreign investment involves capital flows from one country to another, granting extensive ownership stakes in domestic companies and assets. Foreign investment denotes that foreigners have an active role in management as a part of their investment. One major spur of this inflow and outflow is the existing interest rate a country offers. Higher interest rates increases inflow of capital. The opposite is true for countries with lower interest rates, as there is an outflow of capital to countries having higher interest rates.

5 0
2 years ago
In her presentation on improving employee morale, Jillian makes this statement: So far, you've heard only about the problems we
devlian [24]

Answer: Switching Directions

Explanation:

Jillian made use of the Switching direction verbal signpost during her presentation.

A verbal signpost is a statement made during a public speech, that gets the audience attention and helps them to know the direction in which the speech is going.

7 0
3 years ago
Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
Anettt [7]

Answer:

$5,472

Explanation:

Calculation for Alison record of purchase :

First step

Invoice price ×Percentage of payment term

Where:

Invoice price =$5,700

Percentage of payment term =96%

(100%-4%)

Second step

$5,700×96%

=$5,472

Therefore Alison should record the purchase at: $5,472

4 0
3 years ago
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