What are terms of trade?

What will be an ideal response?


Terms of trade refers to the ratio at which a country can trade its exports for imports from other countries.

Economics

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Bond ratings

A) are published annually by the federal government and are based largely on information contained in corporate tax returns. B) are published annually by the federal government and are based on publicly available information. C) are published monthly by the federal government and are based on publicly available information. D) are published by private bond-rating agencies.

Economics

Corporate profits that are not reinvested in the corporation are distributed to

a. consumers in the form of lower prices b. management and bondholders c. management and the board of directors d. shareholders in the form of interest e. shareholders in the form of dividends

Economics

What is the correct definition for mutual interdependence?

a. when a firm shapes its policy with an eye to the policies of competing firms b. when an oligopolistic firm has control over an important input c. when a small firm in an industry sells all it wants at the market price d. when substantial numbers of firms are present in an industry

Economics

Using the above table, the marginal utility for the sixth glass of water is

A. -5 utils. B. 5 utils. C. 260 utils. D. 255 utils.

Economics