Ask Question
BusinessBusiness
3 March, 13:45

What can be a result of free trade? Check all that apply.

A. the attractiveness of the currency design

B. the location of the country

C. supply and demand

D. distance between countries

+1
Answers (2)
  1. 3 March, 14:05
    0
    C. supply and demand is the answer
  2. 3 March, 15:21
    0
    C. supply and demand

    Explanation:

    Free trade is a concise term for an arrangement of exchanges that take place in society. Each exchange takes place as a voluntary agreement between two people or between groups of people represented by agents. These two individuals (or agents) exchange two economic goods, both tangible commodities and non-tangible services. So when I buy a newspaper from a newsboy for fifty cents, the newsboy and I exchange two commodities: I give the newsboy fifty cents, and he hands me the newspaper. Or, if I work for a corporation, I exchange my labor services, in a mutually agreed manner, for a monetary wage - here the corporation is represented by a manager (an agent) with the authority to hire.

    This exchange can be represented by the acts of selling and buying. For this reason, we can conclude that one of the consequences of free trade is supply and demand.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What can be a result of free trade? Check all that apply. A. the attractiveness of the currency design B. the location of the country C. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
You have just made your first $5,000 contribution to your individual retirement account. Assuming that you earn in the stock market an annual rate of 9.
Answers (1)
You are considering a project with an initial cost of $4,300. What is the payback period for this project if the cash inflows are $550, $970, $2,600, and $500 a year over the next four years, respectively? Round to the second decimal place.
Answers (1)
An ideal marketing penetration strategy would be to offer cash backs and discounts on products to customers a. True b. False
Answers (2)
Who is ultimately responsible for identifying new or emerging key risk areas that should be covered by the organization's governance process?
Answers (1)
Determining the baseline performance occurs in the six sigma dmaic step known as:
Answers (1)
New Questions in Business
When the auditors discover an overstatement of accounts payable, they would most likely also expect to find an overstatement of:?
Answers (1)
This year Drake and his son purchased real estate for an investment. The price of the property was $1,200,000, and the title named Drake and his son as joint tenants with the right of survivorship.
Answers (1)
Than Wok emigrated from his war-torn country to the United States almost two years ago. He recently found a job working on an assembly line at a major computer manufacturer. Than left his friends and family behind when he came to the United States.
Answers (1)
Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year.
Answers (1)
What concept is associated with the notion that employers can get greater effort from workers by paying them a relatively high, above-equilibrium wage? A. profit sharingB. efficiency wagesC. piece-rate wagesD. bonus or commissions
Answers (1)
Home » Business » What can be a result of free trade? Check all that apply. A. the attractiveness of the currency design B. the location of the country C. supply and demand D. distance between countries
Sign Up Forgot Password?