Given a two-country and two-product world, the United States would enjoy all the attainable gains from free trade with Canada if it
a. trades at the U.S. rate of transformation.
b. trades at the Canadian rate of transformation.
c. specializes completely in the production of both goods.
d. specializes partially in the production of both goods.
b. trades at the Canadian rate of transformation.
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Which of the following is TRUE of data processing and storage in a computerized information system?
A) In a computerized accounting information system, processing includes manually journalizing transactions and posting to the accounts. B) In a computerized accounting information system, there will be a main centralized computer where data is stored, which cannot be accessed from any other computers. C) In both computerized and manual systems, all data are contained in paper documents and are often stored in filing cabinets and off-site document warehouses. D) In a computerized accounting information system, companies are spending increasingly large amounts of cash to ensure that their data and information are secure.
The assignment of a utility value of 1 to an alternative implies that alternative is preferred to all others
Indicate whether the statement is true or false
The basic theory linking portfolio risk and return is the Capital Asset Pricing Model
Indicate whether the statement is true or false.
It is important that a purchasing performance evaluation system should measure every possible activity to be effective
Indicate whether the statement is true or false