Answer:
The Court would hold the contract was a restraint on trade and leave the parties where it found them
Explanation:
The contract was a restraint on trade as Fred has tried to build a monopoly by paying his competitors to avoid competition in his line of business. Barney takes the offer by Fred but Fred doesn't pay up, however the contract isn't legally binding on any party(even if breached) as the court won't rule in any party's favour
Answer: India's rice production would increase by 12.8%
Explanation:
Note that India's production in 2004 is approximately 88,000,000 tons and this is the starting value.
China's production is approximately 112,000,000.
If y is the annual percentage increase, written as a decimal, then the multiplier for a y percent increase is
(1 + y).
India's value of 88 million tonnes must be multiplied by this multiplier twice in order to equal China's output.
Therefore:
y = 0.128 = 12.8%.
Answer: Friction
Explanation: Friction is a metaphoric concept for understanding globalization in particular places and times.
According to Tsing, culture change is continually co-produced through the interconnection characterized as "friction". It is an important element in sustaining global connections because it makes global connections relevant to local.
