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2 years ago

International trade currently involves about ______________ worth of goods and services moving around the globe.

Business

1 answer:

nordsb [41]2 years ago

4 0

Answer:

$20 trillion

Explanation:

International trade can be regarded as exchange of capital as well as goods, and services between different international borders/ territories. This is so since there would always be a need or want for a particular goods or services. In most countries,gross domestic product are been represented. Types of international trade are;

1)Export Trade

2)Entrepot Trade.

3)Import Trade

It should be noted that International trade currently involves about $20 trillion worth of goods and services moving around the globe.

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GDP does not directly include: Select one: a. the value of goods produced domestically and sold abroad. b. the value of intermed

serg [7]

Answer:

The value of intermediate goods sold during a period.

Explanation:

GDP: Gross domestic product include the services and the value of finished products in a given period.

However, the intermediary goods aren't accounted for as, there will be an error of double counting. Because when you count for an intermediary good and that good is now finished and part of another good, when you will count that finished good, the value of that intermediary good will be counted also, so this will double the numbers of your GDP and you will make an error.

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2 years ago

Read 2 more answers

Coleslaw cost $16.95 for a 5 kg pail. what is the cost for a 4 oz portion

sammy [17]

Answer: The cost for a 4 oz portion is 20$

Explanation:

Given : Cost of 5kg pail = 16.95$

To find : Cost of a 4 oz prtion = ?

Conversion factor : 1 kg = 35.274 oz

Thus cost of 35.274 oz = 176.37$

Then cost of 4oz = $\frac{176.37}{35.274}\times 4=20$ $

Thus cost for a 4 oz portion is 20$

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2 years ago

Service industry, job costing, law firm. Kidman & Associates is a law firm specializing in labor relations and employee-rela

evablogger [386]

Answer:

Explanation:

Budgeted direct cost rate= budgeted direct cost/professional labor hours available =97500/1500=$65 per labor hour

Budgeted indirect cost rate= Budgeted indirect cost/ professional labor hours = 2475000/45000= $55

Job R:

Direct cost:

Job R - 120H*65=7800

Add: Indirect cost:

120H* 55=6600

TOTAL R JOB=14400

Job P:

DC:

Job P - 160H*65=10400

IC:

160H*55=8800

TOTAL P JOB=19200

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3 years ago

The _________ gives the owner of a variable annuity the ability to withdraw a maximum percentage of the annuity value until the

snow_tiger [21]

Answer:

D. Guaranteed minimum withdrawal benefit

Explanation:

In the case of the guaranteed minimum withdrawal benefit, the benefit is available for fixed annuity and for a variable annuity.

When the market is down, the policyholder can withdraw the maximum percentage of the annuity value unless the amount of initial investment recouped.

Withdrawal amount should be between of five percent to ten percent of the initial investment held.

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3 years ago

According to Lewin's Change Model, an organization must deliberately change old habits, learn new work methods, and accept the n

Tpy6a [65]

Answer:

True

Explanation:

To understand the new working environment, and the changes in the overall market structure; it is very important to learn new methods and change old habits that is exactly what Lewin change model explains. This model emphasises on the importance of a change as part of a job to cope with the new era of globalisation.

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3 years ago