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devlian [24]
2 years ago
9

In addition to the positive welfare effects that free trade has on an economy, there are a variety of other benefits of internat

ional trade. Consider the following scenario:
Because of international trade, poorer countries are able to learn about technological advances made by other countries rather than investing scarce resources in developing advanced technology themselves.

The previous scenario represents which of the following benefits of free trade?
a. Increased competition
b. Lower costs through economies of scale
c. An enhanced flow of ideas
d. Increased variety of goods
Business
1 answer:
Pavel [41]2 years ago
4 0

Answer:

c. An enhanced flow of ideas

Explanation:

Enhanced flow of ideas often lead to innovation, which would eventually lead to various creations that increase the production efficiency.

When conducting free trades, people from less-industrialized country can learn from conducting business with people from a more industrialized country. For example, they can learn the type of machines used for production,the marketing method that is used to reach customers, the most efficient way to distribute your product, etc.

After learning all this, the people form less industrialized nation could implement the knowledge in the home country. This is one way they can improve their economy and strengthen their position in on the international level.

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What would be the purchase price for a $5,000, 91-day T-bill paying 3% interest?
Nat2105 [25]
Well, you just need to find it using this formula :

5,000 x [100 % -  (3% x 91/365)]

= 5,000 x [ 100 % - 0.007479]

= 5,000 x 99.992521

= $ 4,962.50 >>> rounded

Hope this help
3 0
2 years ago
Read 2 more answers
Having a savings account can contribute to a person’s overall financial well-being. Which one of the following is NOT a benefit
Elis [28]
The answer is C..............
7 0
2 years ago
On January​ 1, 2017,​ Sophie's Sunlounge owned 4 tanning beds valued at​ $20,000. During​ 2017, Sophie's bought 3 new beds at a
Natali5045456 [20]

Answer:

Net Investment = 4,000

Explanation:

Gross Investment = 10,000

Depreciation = Market Value - Book value

Depreciation =26,000 - 20,000

Depreciation = 6,000

Net Investment = Gross Investment - Depreciation

Net Investment = 10,000 - 6,000

Net Investment = 4,000

NOTE: Gross investment for 2017 will be the 3 new beds that Sophie bought during 2017 at a total cost of 10,000. To calculate Net investment we should calculate depreciation first by deducting book value from market value.

4 0
2 years ago
The two most common pricing alternatives for products in the introduction stage of the product life cycle are:.
Anarel [89]

Answer:

penetration pricing and skimming pricing

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2 years ago
To be​ effective, communication must​ ________. A. benefit both parties B. only involve a sender C. be written D. only involve a
ella [17]

Answer:

Benefit both parties

Explanation:

Communication is the process of transferring information from the sender to the receiver. In a communication process: The sender encodes the information, transmits it via a medium, the sender receives the message, decodes it, perceives it and send feedback to the sender.

It the process mentioned above, communication will become ineffective if any of the things is not done properly. Consequently, it should involve, and therefore, benefit both the parties.

5 0
3 years ago
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