Serbia is lacking in the development of natural resources because of low grades of mining and non-favorable political scenarios.
<u>Explanation:</u>
<u>Development of Natural Resources in Serbia</u>
One of the important habitats of natural resources, Serbia is situated in the Southeastern Europe in the mid of Hungary and Macedonia. Being a land of vivacious minerals, Serbia also shows different weather conditions from continental to Mediterranean.
Although Serbia is wealthy with the natural resources of coal, iron ore, oil, gas, gold, silver, copper, zinc, antimony, magnesium, limestone, and marble, yet it failed to develop as an important sources of such resources because it's fluctuating economical states and small mining sectors that can hardly supply the demand.
But, the good news is that Serbia is rapidly recovering from its economical drop due to the Civil War and hopefully it may groom as the heart of natural resources in Europe in the coming years.
Answer:
A. It takes only one Canadian dollar to buy twenty Japanese yen.
Explanation:
For example, let's say that a Canadian want to purchase a good from Japanese through yen which sot 500 Yen.
That Canadian require a :
500 / 20 = 25 Canadian dollar in order to purchase the goods.
Keep in mind that Currency which possess rate does not necessarily mean that the currency has more value. In order to see which currency has more value, you need to compare it with its purchasing power.
Answer:
refers to the organization of a market, based mainly on the degree of ... Economists define market structure according to four main characteristics. ... Many producers and consumers- Having a large number of participants in a market helps ... of their products; in such a market, prices are no longer set by supply and demand.
Explanation:
Answer:
Hope this helps!
Explanation:
Risk transfer is a risk management and control strategy that involves the contractual shifting of a pure risk from one party to another. One example is the purchase of an insurance policy, by which a specified risk of loss is passed from the policyholder to the insurer.
Answer:
Agency
Explanation:
This is an example of the "agency" of humans against the state. Agency is an important concept in anthropological studies. Agency refers to the capacity of individuals to act independently and to make their own free choices. This is generally discussed in opposition to the concept of "structure." It is often a matter of debate how the forces of agency vs. structure operate in various social situations.
