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AveGali [126]
3 years ago
8

To cater to the growing demand for luxury automobiles, Italy agrees to buy 5,000 cars from Comfort Cars Inc. in exchange for 5,0

00 barrels of oil. Since Comfort Cars Inc. is not seen as creditworthy, Italy decides to make this a one-time-only deal. What form of countertrade is Italy using
Business
1 answer:
kupik [55]3 years ago
7 0

Answer: barter

Explanation:

Barter is an exchange system whereby money isn't used as the medium of exchange but rather, there's a direct exchange of goods or services.

From the question, we are given the information that Italy agrees to buy 5,000 cars from Comfort Cars Inc. in exchange for 5,000 barrels of oil. This shows that a barter system took place.

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mr_godi [17]

Answer:

The purpose of the function is to lend the people indeed.

Explanation:

a central bank help to keep our money and give a loan

7 0
3 years ago
You are attending college in the fall and you need to purchase a computer. You must finance the purchase because your parents wi
rodikova [14]

The correct answer is installment credit. The explanation is below.

Installment credit allows you to purchase an item and then pay for it in installments. The reason that this would be the best option for you is that you do not have the money now to make the purchase, but you are able to make smaller monthly payments in order to purchase a computer.

Installment credit is better than revolving credit for new borrowers. Revolving credit would allow you to charge additional purchases on your revolving credit account. The installment plan only finances one item, rather than like a credit card, which is how revolving credit works. You would not choose non-installment credit because this would require you to make this payment all at once in a short period of time. It would not allow you to spread the payments out over time.

3 0
3 years ago
A coin collector treasures his 1969minusS doubled die obverse Lincoln cent because he found it in his pocket​ change, rather tha
Anna [14]

Answer:

$35,000

Explanation:

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As it is mentioned in the question that coin would be sell in the open market instead of purchasing it

Since the coin is sold at the open market so the same is to be considered

And, therefore the value of the coin is $35,000

Hence, the first option is correct

4 0
3 years ago
Help with these 3 economics questions plzzzz
Firlakuza [10]

Answer:

3

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