<span>Which of the following is a significant decline in general economic activity over an extended period that includes declining real income and rising unemployment? Recession. Not only does a recession decline real income and unemployment rise, trade and industrial activity are also reduced because of the fall of GDP. GDP is gross domestic product and it is the value of all goods and services produce over a set amount of time. Recessions can last for a few weeks or months and sometimes it can turn into years. When a country is in a recession it is in a very bad economic state. </span>
Answer:
-$104.79
Explanation:
Current Mortgage Payment:
P/Y = 12,
N = 360,
I/Y = 6.5,
PV = $200,000,
Solve
for PMT = $1,264.14
Current Mortgage Balance:
P/Y = 12,
N = 300,
I/Y = 6.5,
PMT = $1,264.14,
Solve
for PV = $187,221.9
New Mortgage Payment:
P/Y = 12,
N = 240,
I/Y = 4.25,
PV = $187,222.54,
Solve
for PMT = $1,159.35
Current Payment - New Payment
= $1,159.35- $1,264.14
= -$104.79
Nipennie and Mirasa, two developing countries, bartered cotton for jute rather than for currency. In this scenario, the two countries engaged in counter-trade.
Explanation:
Counter-trade is an internal mode of trade through which products and services are traded instead of hard currency for any other products or services. For developing nations with restricted exchange or credit services, this form of global trade is more prevalent.
Counter-trade can be divided into 3 main categories: trade, counter purchase and reimbursement.
The earliest counter-trade practice is bartering. An important advantage of counter trade is that it makes foreign exchange savings simpler. Complex agreements, increased costs and logistic problems are rising drawbacks of counter trade.
Answer:
the correct answer is 2 page layouts, 1 record type, 2 profiles
Explanation:
The importance of records types is they allow you to offer different business processes, business solutions and answers to different consumers and customers.
Having the option to Customize is useful during the sales processes as each new user/customer has a different set of needs and wants.
Answer:
protectionism
Explanation:
The country could overtax import products such as manufactured products in order to protect its own products and industries. This is very common in trade markets. Nowadays, through the globalization and China´s high development protectionism is ending.
