Answer:
The correct answer is: the process of social, political, economic, cultural, and technological integration among countries around the world.
Explanation:
Globalization can be defined as the process of integration of countries worldwide. This integration is in terms of social, political, economic, cultural and technological aspects.
Globalization is often confused as the process of increase in international trade globally. But in fact, it involves a number of aspects other than trade.
It is attributed by an increase in the cross border trade in goods and services, technology, flow of capital, information, and people.
Answer:
4.04%
Explanation:
Using the Interest rate parity formula according to this theory the forward exchange rate of should be equal to the spot rate multiplied by the interest rate of the domestic country divided by the interest rate of the foreign country so from this formula
F=S*(1+i)/(1+r)
we derive
(1+r)=F/S*(1+i)
1+r =0.6421/0.6369*(1.032)
1+r =1.0404
r = 0.0404/4.04%
Answer:
Answer is Option A: do nothing, as PMSIs are automatically perfected.
Explanation:
PMSI stands for Purchase-Money Security Interest which is a legal claim that a lender can do to repossess the property financed with its loan. He may also demand repayment in cash in case the borrower defaults. But in case of consumer goods, PMSI in consumer goods is not required to be filled because it is automatically perfected without filling.
In the given scenario when a refrigerator is bought and the store create PMSI in the refrigerator so that Sung can pay it over time, they have to do nothing do get PMSI perfected.
Answer:
b
Explanation:
Another definition:
It is the purchase price of an asset + the costs of operating the asset