Which statement describes a benefit of international trade?

2 answers:

4 0

Countries benefit from trade when it allows them to achieve better prices for goods they export and/or lower prices for imports. This results in a more efficient distribution of resources and enables the consumption of a wider array of products. International trade involves the exchange of goods and services between nations, which for numerous countries constitutes a considerable portion of their gross domestic product (GDP). One immediate advantage of this trade is reduced costs for consumers.

Nady [3.6K]2 months ago

4 0

I am quite certain that the answer is D.

You might be interested in

A local radio station gives away concert tickets at random times everyday to reward listeners. What schedule of reinforcement ar

Nady [3600]

Response:

b. variable interval

Explanation:

Reinforcement schedules based on elapsed duration are termed interval schedules, which can be either fixed-interval or variable-interval.

Variable-interval schedules offer reinforcement following random time frames. These time intervals are inconsistent but generally center around an average duration. As a result, reinforcement occurs irregularly within the specified timeframe.

7 0

3 months ago

Read 2 more answers

Prof. Finance will have $1,500,000 saved up by retirement at age 65. The retired professor expects to live 25 more years after r

Scilla [3833]

Answer:

Prof. Finance can withdraw an annual annuity of $ 110,698

Explanation:

Prof. Finance's present value is $1,500,000, which reflects his savings at retirement age 65, so PV= 1,500,000

6% is the interest rate established, so r=6%

Number of withdrawals planned = 25

PMT= $110,698

8 0

2 months ago

It is April 19, 2012 and you suddenly remember that your credit card bill is due the next day. You have the money in your checki

Nady [3600]

Answer: One potential action is to contact the credit card company to inquire if the payment can be made over the phone.

Explanation:

Other alternatives for settling a credit card bill without mailing include online payments. You'll need to create an online account, which typically requires your account number and some identification details. After registering, you can select the pay now feature to use your debit card or an online checking option for payment. It will process swiftly, though it may take a day to reflect in your account.

Most credit card companies offer an automated service allowing customers to make payments during the call. You'll require your card number, social security number, and debit card details for this transaction. While these payments are commonly free, it may vary based on the specific credit card provider.

8 0

2 months ago