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polet [3.4K]
3 years ago
12

If, over a given period, the index of export prices rises by 10% and the index of import prices rises by 5%, the terms of trade

are: 110 x 100 / 105 = 104.8 This means that the terms of trade have improved by 4.8%. When the terms of trade rise above 100 they are said to be improving and when they fall below 100 they are said to be worsening. If a country's terms of trade improve, it means that for every unit of exports sold it can buy less units of imported goods.
A) True
B) False
Business
1 answer:
Scrat [10]3 years ago
3 0

Answer:

B) False

Explanation:

When the terms of trade improve, it means that a country is actually selling more goods and services to foreign countries than the total amount of goods and services it is importing from foreign countries. For every dollar that a country is exporting, it is importing less than 1 dollar. But this improvement in the terms of trade will actually result in an appreciation of the domestic currency. This means that for every dollar that you export, you will be able to import more goods from foreign countries.

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For business and personal finance: What is insurance?
maksim [4K]

Answer:

Insurance is the procedure by which persons or companies exposed to a specific risk agree with an institution specializing in compensation for damage that the institution will indemnify the damage caused when the risk materializes. The resulting contract is called insurance.

From a commercial point of view, insurance can be defined as the means by which the cost of incidental damage can be converted evenly into a continuous annual cost on an annual basis.

5 0
3 years ago
How many hours a week should a student plan to study per credit in a 15-week course?.
svet-max [94.6K]

According to credit in a 15-per week course, one must study 2-3 hours a week with a plan. Because 1 credit is equal to ten hours of study, so 3 credits equal to 30 hours per week.

<h3>What are the benefits of studying daily?</h3>

Good studies give a potential to study, and it builds confidence to students to perform better in the academic.

Studying regularly helps to keep the mind sharp and upgrade the ability of the person to gain more knowledge from other students.

Thus, According to credit in a 15-per week course, one must study 2-3 hours a week with a plan.

For more details about  benefits of studying, click here:

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6 0
2 years ago
When the government of any country restricts the sale of a particular commodity to certain groups — for example, restricting sal
Alla [95]

Answer:

qualified available

Explanation:

Qualified available Market refers to the situation when only customers with specific criteria are able to make a purchase. In most cases, those criteria revolved around age, gender, or group membership.

Alcochol is an example of qualified available market because it created a situation which only allow consumers older than 21 to make a purchase.

Other example would be Waxing salon.  Large portion of waxing salons only allow female customers to purchase their service (since the workers are also females and feel uncomfortable to give their service to male customers.)

8 0
3 years ago
what percentage of loss would a seller in deerfield beach have if he paid $18,000 for a vacant lot, built a home on the lot that
den301095 [7]

Add the cost of the lot and the cost of the house together to get the total cost ($163,000). Next, subtract the sales price from the total cost to get the amount of loss ($10,000) he took. Finally, divide the total cost by the loss amount ($10,000 ÷ $163,000).

The definition of cost is to be valued at something or to lose. A loaf of bread costing $3 is an example of a cost. Giving up your freedom in order to grant freedom to another person is an illustration of the cost.

A company's cost is the amount of money it had to spend to create its goods or services. It is calculated as the sum that the business spends to create a specific number of a product. Simply put, it is the cash that a business spends on things like labour, services, raw materials, and other costs.

Learn more about cost here:

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3 0
2 years ago
You want to save sufficient funds to generate an annual cash flow of $55,000 a year for 25 years as retirement income. You curre
Fynjy0 [20]

Answer:

The correct answer is $7,056.46

Explanation:

Giving the following information:

You want to save sufficient funds to generate an annual cash flow of $55,000 a year for 25 years as retirement income. How much do you need to save each year if you can earn 7.5 percent on your savings?

Final value= 55,000*25= 1,375,000

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,375,000*0.075)/[(1.075^38)-1]= $7,056.46

5 0
3 years ago
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