Answer:
Explanation:
Don't worry he will become successful.
An international economic and political movement designed to help goods and services flow more freely across international boundaries is referred to as Free Trade.
<h3>What is
Trade?</h3>
- Transferring goods and services from one person or entity to another involves trade, frequently in exchange for cash.
- A system or network that permits trade is referred to as a market by economists.
- Bartering was a primitive type of trade in which commodities and services were directly exchanged for other goods and services.
- Barter is the practice of exchanging goods without using cash.
- Nowadays, most trade agreements are reached using a medium of exchange, like money.
- As a result, selling or earning can be distinguished from buying.
<h3>What are the three different trades?</h3>
- Futures traders that are active employ a range of analyses and methods.
- There are solutions to fit everyone's preferences, ranging from ultra-short-term technical approaches to fundamentals-driven buy-and-hold strategies.
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Answer:
Correct answer is TRUE
Explanation:
Cost-based pricing is a method used to determine the selling price of the product based on the cost of production and selling expenses incurred based on the previous production or on the same industry then add the desire margin that the firm wants to attain. It is important that the firm will account properly the total cost of the product before they will add the profit element that they wished to attain.
Answer:
a person's regular occupation, profession, or trade.
Explanation:
Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the most appropriate answer is option (B) because when there is a shortage of a product, the demand for the product remains the same and hence this can result in price to rise of that product.
While the other options are not correct because of the following reasons:
- Option (A) is not that appropriate because when there is a shortage of any product, it is obvious to decrease in quantity supplied but it doesn't show any tendency.
- Option (C) is not correct because when there is a shortage of any product there is no chance of price to fall.
- Option (D) is not correct because when there is a shortage of any product, it doesn't matter to increase in quantity.