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erastovalidia [21]
4 years ago
6

Money facilitates trade because: the division of labor allows goods to be produced at a lower cost. it serves as a medium of exc

hange. it prevents people from taking advantage of each other. it eliminates the need for specialization. it is considered less valuable than the goods it is used to buy.
Business
1 answer:
Sergeeva-Olga [200]4 years ago
5 0

Answer:

it serves as a medium of exchange

Explanation:

<em>Money facilitates trades because it serves as a medium of exchange.</em>

<u>Trade generally involves the exchange of goods/services for another goods/services or money. The exchange of goods/services for another goods/services is termed trade by barter.</u>

Generally, all over the world, money is recognized as a medium of exchange. Each good/service can easily be evaluated in terms of money and the amount is exchanged during trading.

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Suppose in the spot market 1 U.S. dollar equals 1.3750 Canadian dollars. 6-month Canadian securities have an annualized return o
myrzilka [38]

Answer:

$1 = 1.372 CD

Explanation:

Spot rate, 1$ = 1.3750  Canadian dollars

Canadian securities annualized return = 6%

U.S. securities annualized return = 6.5%

Term = 6 month ≅(180 days)

Forward exchange rate in 180 days, 1$ = Spot rate * (1+US rate*6/12) / (1+CD rate*6/12)

= 1.3750 CD * (1 + 6%*6/12) / (1 + 6.5%*6/12)

= 1.3750 CD * (1 + 0.03) / (1 + 0.0325)

= 1.3750 CD * 1.03/1.0325

= 1.371670702179177 CD

= 1.372 CD

So, the the U.S. dollar-Canadian dollar exchange rate in the 180-day forward market is $1 = 1.372 CD

4 0
3 years ago
Which of the following is not a reason for redesigning a product or service? Multiple Choice to attract and increase customer de
Wewaii [24]

Answer:

to increase the level of employee satisfaction

Explanation:

Redesigning a product or service does not necessarily have to do with improving employee satisfaction, but it would be great if it does it as a side effect.

Redesigning a product or service costs money, and usually a lot of money, so c company must perform a cost benefit analysis before doing so. The main reason why a company would carry out a redesign is simply to increase consumer demand and total sales. This is generally achieved by increasing the quality of the product or service, and therefore consumer satisfaction. It can also do it to lower production costs, which also increases profits.

4 0
3 years ago
Which of the following provides a statistical representation of survey data?
Reptile [31]

Answer:

chart

Explanation:

Its the right answer

7 0
3 years ago
In a(n) ________, an individual or firm contracts with a parent company to set up a business or retail outlet.
strojnjashka [21]

There are different kinds of businesses. In a franchise system. an individual or firm contracts with a parent company to set up a business or retail outlet.

  • Franchising is simply known to be a type of contractual system. It is often used to commercialize products, services or technology.

There are five major types of franchises. They are: job franchise, product franchise, business format franchise, investment franchise and conversion franchise.

A franchise (or franchising) is simply known as a process of sharing products or services involving a franchisor, who establishes the trademark of the brand of a business system, and a franchisee, who is responsible for paying a royalty under the franchisor's name and system.

Learn more about Franchise from

brainly.com/question/12879015

5 0
2 years ago
If a firm enjoys economies of scale up to a certain output​ level, and cost then increases proportionally with​ output, what can
Len [333]

Answer:

D. decreases initially and then is horizontal.

Explanation:

A horizontal long run average cost curve reflects increase in cost proportionate to output, so the firm's long run average cost curve will fall initially and then become horizontal.

8 0
3 years ago
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