A. can i afford them? D. is there a good alternative? E. Do i need them?

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

nordsb [41]

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.

4 0

3 years ago

Suppose sweden produces only tablets and smartphones. The resources that are used in the production of these two goods are not s

slega [8]

Answer: Straight line PPF, Opportunity cost is constant.

Explanation:

The PPF for Sweden is downward sloping straight line which depicts that the resources that are used in the production of these two goods are not specialized and the same set of resources is equally useful in producing both smartphones and tablets. Thus, Sweden's opportunity cost of producing more smartphones and fewer tablets should remain constant.

6 0

3 years ago

A common solution to the free-rider problem is Choose one or more: A. for government to provide the good and then pay for its pr

seraphim [82]

Answer:

A. for government to provide the good and then pay for its production through taxation.

Explanation:

Free Riding is an economic problem implying usage of 'non excludable' good, by people not contributing to pay for it.

Example : Roads, Bridges etc.

One most suitable solution to free rider problem is : Providing it through government and treating all prospective beneficiaries as unified consumers set , dividing the entire total cost equally between all of them - through mechanism of taxation

5 0

4 years ago

Selkirk Company obtained a $12,000 note receivable from a customer on January 1, 2021. The note, along with interest at 10%, is

adoni [48]

Question:

Lets complete the question as thus

Selkirk Company obtained a $12,000 note receivable from a customer on January 1, 2021. The note, along with interest at 10%, is due on July 1, 2021. On February 28, 2021, Selkirk discounted the note at Unionville Bank. The bank’s discount rate is 12%.

How much proceed would Selkirk

Answer:

Proceeds from discounting =$11,970

Explanation:

To calculate the proceeds, the gross proceed less the discount charged by the bank. The gross proceed is the total amount that would have been received should the note is held to maturity.

Proceeds = Gross proceed - Discount charges

The note maturity period = 6 months, January 1 to July 1

Gross proceed= P + (P×R×T)

P- 12,000 R- 10%, T- 6/12

Gross proceed = 12,000+ (12,000× 6%× 10/12)= $12,600

Discount charges = Gross proceed × discount rate × time to maturity

Time to maturity at the date of discounting = 6 - 1 = 5 months

February 28 to July 1

Discount rate - 12%, Time- 5/12

12600× 5/12× 12% = $630

Proceeds to be received

= $12,600- $630

= $11,970

3 0

3 years ago

Fill in the blanks with words that would best complete the passage.avoidance, contractual, abeyance, indemnification, principal,

Mama L [17]

Answer:

Constructive trust, contractual,

principal, constructive trust, avoidance,

indemnification

Explanation:

Constructive trust is a fair remedy imposed by a court to benefit a party that has been wrongfully deprived of its rights due to a breach of fiduciary duty.

For misrepresentation, negligence, deceit, libel, slander or trespass by an agent contractual remedies may be applied such as; award of damages, restitution, or specific Performance.

The agency relationship is an arrangement in which one entity (the principal) legally appoints another (the agent) to act on its behalf, so anything that the agent obtains by virtue of the agency relationship belongs to the principal.

A constructive trust is imposed by a court If an agent breaches his or her fiduciary duty to the agent by retaining benefits or profits that belong to the principal. It would be Implied that the agent held the thing on the principal’s behalf.

Avoidance here implies that a principal can avoid or stay away from the contract.

Indemnification sometimes mandates an agent to indemnify (compensate, protect) the principal from the damages.

7 0

3 years ago