Answer:
Mexico either specialized in the production of high end cars which it exports, while it imports low end cars for its domestic market. Since Mexico is a developing country, most of the cars sold domestically will be low end cars.
Countries manufacture and export the goods which they can produce at a lower opportunity cost since they have a comparative advantage in their production. Mexico probably has a comparative advantage in the production of high end cars (specially vs. the US) which generate higher revenues.
Answer:
The correct answers are a. $1719.00 ; c. 2168.86 ; d. $2218.36.
Explanation:
Zoe deposited $900 in a savings account at her bank.
Her account will earn an annual simple interest rate of 7%.
Time for which the money is deposited for 13 years.
Money Zoe would have in her account in thirteen years is
Principal + Principal × time ×
= 900 + 9 × 13 ×7 = 900 + 819 = $1719
Now, assume that Zoe's savings institution modifies the terms of her account and agrees to pay 7% in compound interest on her $900 balance.
Money Zoe would have in her account in thirteen years is
Principal ×
= 900 ×
= $2168.86.
Suppose Zoe had deposited another $900 into a savings account at a second bank at the same time. The second bank also pays a nominal (or stated) interest rate of 7% but with quarterly compounding.
Time has now changed to 4× 13 = 52.
Money Zoe would have in her account in thirteen years is
Principal ×
= 900 ×
= $2218.36.
Answer:
Is it The email subject line helps recipients decide which messages to read and when to read them
Explanation:
It makes the most sense
Answer:
Pegged exchange rate system
Explanation:
In the pegged exchange rate system, a country ties its currency exchange price to that of a more widely used currency at a fixed rate. The US dollar is the most accepted currency for international trade. Countries that use the fixed exchange system peg their currency price to the US dollar. The government will set a fix the exchange rate of its currency relative to the US dollar value.
A pegged exchange rate is also known as a fixed exchange rate. A pegged or fixed exchange rate keeps the currency value within a narrow range. It gives certainty to exporters and importers and helps the government to keep inflation low.
Answer and explanation:
Here is one of the key notes,
Even the Department of Defense recognizes that getting things done quickly now requires working around the system.
From the article it was stated that bureaucratic processes are agonizingly slow and this problem is being addressed by new defense department organization. These two organizations are the Defense Digital Service and Defense Innovation Unit Experimental.