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swat32
3 years ago
13

Why banks exist as financial intermediaries.

Business
1 answer:
omeli [17]3 years ago
4 0

Answer:

Banks act as financial intermediaries because they stand between savers and borrowers. Savers place deposits with banks, and then receive interest payments and withdraw money. Borrowers receive loans from banks and repay the loans with interest.

Explanation:

;)

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A higher level of material well-being. checked Reducing the threat of war. checked Deterring monopoly. checked Promoting competi
olchik [2.2K]

Answer: The answer is benefits of international trade

Explanation:

In the question, no specific question was asked. But I think the question is about the benefits of international trade.

International trade is a trade between one country and the other.it can also be said to be the buying and selling of goods and services across national boundaries. The following are the benefits of international trade

A higher level of material well being : international trade leads to increased standard of living among nations of the world. In the sense that, it increases output and the opportunity to acquire goods that we would otherwise have been unable to produce ourselves, it would lead to increase in national income which will in turn lead to increased in investment which will enhance the welfare of all citizens

Reducing the threat of war: international trade bring about a better understanding among nations of the world. It promotes international friendship and world peace.

Deterring monopoly : international trade helps in preventing monopoly by ensuring that goods comes from other countries of the world.

Promoting competition : international trade helps in promoting competition among nations of the world. In the sense that,countries compete for trade in order to increase their own volume of the world trade as a measure to avoid balance of payment deficit.

Gains from specialization : international trade help countries to specialize in commodities which they can best produced. It leads to increased output and employment throughout the world from which every nation can benefit.

A more efficient allocation of resources : international trade help countries to allocate their resources efficiently. In the sense that, each country will specialize in the production of those commodities in which the country has comparative cost advantage over other countries by directing their resources to those areas of comparative lower cost, world output will be increased.

6 0
3 years ago
YALL ARE SO MOTHER FUCĶING DRAMATIC OVER A QUESTION
natima [27]

Answer:

I'm answering for points

8 0
3 years ago
look-alike tasteeos sell for far less than the market-leading cheerios brand. which market follower strategy is being employed b
Taya2010 [7]

Look-alike Tasteeos sell for less price than the market-leading Cheerios brand. Cereal manufacturer has employed a cloner marketing strategy.

Cloner marketing strategy refers to creating a product by copying features of an already existing brand product. A manufacturer might copy the same features of distribution, production, labeling, ingredients, advertisement, and looks but the quality will differ from the leading brand.

Cloner is a parasitic marketing strategy that thrives on the investment of the major brand that another firm is copying to sell its products. To escape the copyright issue, these cloner firms make sure the name of the product is slightly different from that of the major brand.

Learn more about marketing strategy here brainly.com/question/25492268

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8 0
1 year ago
During its first year of operations, mack's plumbing supply co. had sales of $630,000, wrote off $10,100 of accounts as uncollec
Reil [10]
<span>The answer is 516,250 by first calculating expenses (6,500,000-40,000-expenses=590,000), net income = revenue-expenses.</span>
3 0
4 years ago
People choose to hold a larger quantity of money if a. the interest rate rises, which causes the opportunity cost of holding mon
Eddi Din [679]

Answer:

b. the interest rate falls, which causes the opportunity cost of holding money to fall.

Explanation:

the demand for money (the declension to hold money) is inversely related to interest rate. if interest rate is high, individuals would prefer to hold bonds and the demand for money would fall. if interest rate is low, individuals would prefer to hold money.

the opportunity cost of holding money is what would have been earned if money was invested. if interest rate is low, individuals would prefer to hold more money because the amount that would be earned if money was invested in bonds would be low, so the opportunity cost of holding money would be low

7 0
4 years ago
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