If it costs $5.10 to get $4.10 from Friendly's then the loanee would pay about 24% which is a pretty high interest rate and presumably the interest rate would decrease with a higher amount loaned as on a larger amount the actual amount of interest earned would still be significant with a lower interest rate.
Answer:
Brazil has comparative advantage in Ethanol.
Both US & Ethanol can gain from trade, if they specialise in their good of comparative advantage & import the other at lower opportunity cost.
Explanation:
Comparative advantage is when an economy can produce a good with lesser opportunity cost than other economy.
Brazil can produce ethanol at lower opportunity cost, as it uses lesser resources to produce Ethanol, compared to US.
So, Brazil has comparative advantage in producing ethanol. Both US & Brazil can gain from specialisation : As, US can get more ethanol at lesser than domestic opportunity cost. And, Brazil can also gain from trade by importing the good in which US has better opportunity cost & comparative advantage, in exchange of exported ethanol. It would imply Brazil would get more of the other good at lesser than domestic opportunity cost.
They can be described as traumatized, horrified, mortified, etc.
Answer:
a. A multinational cooperation
Explanation:
A multinational organization is a company that carries out its business activities in many different countries at the same time.
As such, it is a company that operates in various countries.
Examples of such companies are Google, Microsoft, Shell, Mobil etc.
Since Fadeson, Inc., reported that it owns and operates 265 companies worldwide with 23% of its sales coming from Europe, 18% from Asia, 46% from the U.S., and 13% from other parts of the world, Clearly, Fadeson exemplifies a multinational cooperation.
Answer:
A. e-commerce
Explanation:
E-Commerce or Electronic Commerce or internet commerce refers to the transacting of economic goods from the producer and the consumers; this includes buying of goods, selling , products, or services via the internet. The avances in technology has reduced the distance between the producer and consumer. You will websites, online stores etc have redefined commerce as a whole as business can be transacte over several continents/nations. E-Commerce is therefore the fastest growing form of retail trade in the United States, Europe, and Asia
