When a country has a strong currency, generally its export decreases - this is the answer to the first question.
Imagine, a tone of rice costs 100 dollars, that is 100 pounds. With a strong dollar, it's 120 pounds now - the British will be able to afford less of US rice now!
About the second question - I think that if neither has an absolute advantage, this also likely means that neither has more natural resources.
now, country A exports milk to country B, which means that it's cheaper to produce milk in the country A. Therefore, the answer "<span>The opportunity cost of producing milk is lower for Country A" is correct.</span>
Answer: A correlation of 1.00 among demand in two
Explanation:
Answer:
C. The longer you use credit responsibly, the higher your
credit score will be.
Explanation:
A credit card allows its user to access a short term loan. Every payment made via a credit card is considered a loan. The loan attracts interest monthly. Defaulting on credit card payments is similar to defaulting on any other loan type.
Responsible use of a credit card entails using it only when necessary. It means making prompt payments to clear monthly bills.
Credit card history is important information when tabulating an individual's credit score. Anyone who uses their credit card responsibly ends up with a good credit score.
This is FALSE. The fact act does not only focuses on contracts that involves some of the sale in the multimedia products, computer software and other type of computer information. So the answer in this question is FALSE.
Answer:
Consumption ( C ) = $325 million
Explanation:
Given:
GDP = $900 million:
Government Purchases ( G ) = $250 million
Taxes minus Transfer Payments ( T ) = $325 million
Investment ( I ) = $275 million
Find:
Consumption ( C )
Computation:
GDP = C + I + G
$900 million = Consumption ( C ) + $250 million + $325 million
Consumption ( C ) = $900 million - [$250 million + $325 million]
Consumption ( C ) = $325 million