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2 years ago

What is balance of trade and balance of payment?

Business

1 answer:

vodka [1.7K]2 years ago

4 0

Answer:

the difference in value between a country's imports and exports.

is an accounting of a country's international transactions for a particular time period.

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drag the tiles to the correct boxes to complete the pairs. compare the sources of consumer credit travel and entertainment credi

lesya [120]

Travel and Entertainment Credit - Consumers use cards with no interest and non-revolving balance.
Revolving Check Credit - Consumers use prearranged loan using special checks.
Closed-End Credit - Consumers pay off dept and credit is automatically renewed.
Revolving Credit - Consumers take out a loan with a repayment date and have a specific purpose.

<h3>What is meant by Consumer Credit?</h3>

Consumer credit refers to debt incurred by an individual to pay for products and services. An example of consumer credit is a credit card.

Consumer credit might refer to any sort of personal loan, although it is more frequently used to denote unsecured debt that is incurred to pay for regular products and services. Consumer debt can, however, also refer to secured loans like mortgages and auto loans.

Installment credit is given for a predetermined time period and is utilized for a specified purpose.

Open-ended revolving credit is a type of loan that can be applied to any kind of transaction.

To learn more about consumer credit from given link

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4 0

11 months ago

When Florence joins her father’s construction business, she realizes all the transactions are still done and maintained on paper

natima [27]

Answer:

She should create a database of company's projects, contractors and customers.

Explanation:

By creating a database within the company, every worker within the company would be able to access any information from that source faster and easier which would lead to a more productive and transparent working environment

6 0

2 years ago

If a firm has a limited capital budget and too many good capital projects to fund them all, it is said to be facing the problem

nexus9112 [7]

Answer:

"Capital rationing" would be the appropriate answer.

Explanation:

Capital rationing is a systematic process for allocating remaining cash through various alternative investments, thus growing the bottom line of a financial institution.
It consists of calculating profitability economic indicators across all projects as well as choosing the best ventures which result in the highest present value especially when associated.

8 0

2 years ago

At a price of $200, a cell phone company manufactures 100000 phones. At a price of $300, the company produces 300000 phones. Wha

valkas [14]

Answer:

2.5

Explanation:

P1=$200

P2=$300

S1=100000

S2=300000

The percentage change in price is:

$\Delta P =\frac{300-200}{\frac{200+300}{2}}=0.4=40\%$

The percentage change in supply is:

$\Delta S =\frac{300000-100000}{\frac{100000+300000}{2}}=1=100\%$

The price elasticity of supply is given by:

$E=\frac{\Delta S}{\Delta P}=\frac{100\%}{40\%}=2.5$

The price elasticity of supply is 2.5.

4 0

2 years ago

Maurice and Stanley's train store has grown to the point that they need more capital to expand the current location and to open

harina [27]

Answer:

b. sole proprietorship.

Explanation:

A sole proprietorship is a single business entity that is responsible for all profits and losses and may use a sole name or a business name as a private company is known for its flexibility and thus does not need to take large loans from the government.

Have an advantage of less administrative paperwork and record-keeping than a corporation, have less risk of being stolen by investors.

6 0

2 years ago

What is balance of trade and balance of payment?​

What is balance of trade and balance of payment?