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3 years ago

According to the principle of comparative advantage, trade between two countries will benefit Group of answer choices

Business

1 answer:

tatuchka [14]3 years ago

4 0

Answer: D. Both countries

Explanation:

The options include:

A. neither country

B. the country with lower production costs

C. the country with higher production costs

D. both countries

Comparative advantage occurs when a particular country produces a certain goods based on the fact that it has a lower opportunity cost of its production when compared to the other country. This typically occurs in international trade.

Comparative advantage is beneficial to both countries that are involved as the countries purchase the goods that it doesn't have a comparative advantage in from the other country.

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The current value in today's dollars of a future sum of money is called :______

AleksandrR [38]

Ans: (a) present value

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2 years ago

Use the following compound interest formula to complete the problem. A = P (1 StartFraction r over n EndFraction) superscript n

Tatiana [17]

Credit cards are the card which is given by banks to the customers for withdrawing some amount beyond the account balance. The card I's is increased by $1579.3 than card H.

<h3 /><h3>What is a credit card?</h3>

A credit card refers to a payment mechanism that helps both consumer and commercial business proceedings, including purchases and cash advances.

Computation of credit card's balance:

<u>Amount of </u><u>Card H </u><u>after 3 years:</u>

Given,

Principal(P) = $1,186.44

Interest Rate(r) = 14.74%

Number of time period(n) = 3 years.

Applying the above values in the formula given in the question:

$\text{A} = \text{P}(1+ \dfrac{r}{n} )^n^t\\\\\\\text{A} =\$1,186.44(1+ \dfrac{14.74\%}{3} )^3\\\\\\\text{A}= \$1792.2$

<u>Amount of</u><u> Card I </u><u>after 3 years:</u>

Principal(P) = $1,522

Interest Rate(r) = 12.05%

A number of the time periods (n):

$12\text{Months}\times3\text{Years} = 36 \text{Months}$

Again, apply the above values in the formula given in the question:

$\text{A} = \text{P}(1+ \dfrac{r}{n} )^n^t\\\\\\\text{A} =\$1,522.16(1+ \dfrac{12.05\%}{12} )^3^6\\\\\\\text{A}= \$3,371.58$

Now we take the difference between both the credit cards, we have:

$\text{Amount of Credit Card I}-\text{Amount of Credit Card H}\\\\=\43,371.58-\$1,792.2\\\\=\$1,579.38$

Therefore, card H's balance is decreased by $1579.3 than a card I.

Learn more about credit cards, refer to:

brainly.com/question/14716152

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3 years ago

Describe what a petty cash fund is by completing the following sentence. A petty cash fund is used for (large/small) payments in

exis [7]

A petty cash fund is used for small payments in order to avoid the time and cost of writing checks for small amounts.

<h3>What is petty cash?</h3>

A petty cash fund is a small amount of cash, used to pay for minor expenses, such as office supplies or employee reimbursements.

It is the pet a actual ledger book, rather than a computer record.

Hence, a petty cash fund is used for small payments in order to avoid the time and cost of writing checks for small amounts.

Learn more about petty cash here : brainly.com/question/6893535

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2 years ago

Suppose you bought 100 shares of IBM at $200 per share. What is the maximum loss if you place a stop-loss order at $165

Lynna [10]

Answer:

$3,500

Explanation:

Placing a stop-loss order at $165 means that the last amount that the stock traded, it had a price of $165 per share.

Based on that, it is evident that each stock has lost $35 when compared to the price at which the stop-loss order was placed and the initial cost per share of $200.

Loss per share=$200-$165=$35

The loss incurred on 100 shares of IBM=loss per share*number of shares owned

The loss incurred on 100 shares of IBM=$35*100

The loss incurred on 100 shares of IBM=$3,500

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3 years ago

E-mails that rouse strong emotions like anger should always be responded to immediately

docker41 [41]

Answer:

False

Explanation:

Strong emotions, especially violent or vengeful ones like anger, can cloud logical judgement and cause inappropriate outbursts. Writing an email while angry, especially in a professional environment, can have consequences and affect the receiver's impression of you. It is better to wait until the anger has subsided so you can explain why you may disagree politely, or choose the best course of action with a clear mind.

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4 years ago