That PMI will automatically terminate when the loan balance is first scheduled to reach 78 per cent of the original value of the property based on the amortization schedules.
What is the PMI rule?When you take up a traditional loan and put less than 20% of the cost of the home as a down payment,private mortgage insurance PMI is typically necessary. Additionally, PMI is typically necessary if you're refinancing with a conventional loan and your equity is less than 20% of the home's value.The Act, commonly referred to as the "PMI Cancellation Act," addresses the challenges faced by homeowners when removing their private mortgage insurance (PMI)1 coverage. It creates mechanisms for terminating and canceling PMI, mandates disclosure and communication procedures, and calls for the reimbursement of unearned premiums.To learn more about private mortgage insurance refer to:
https://brainly.com/question/21107994
#SPJ4
assume that the buyers of good z fall into two groups: buyers that have elastic demand and buyers that have inelastic demand. if the firm selling good z can charge different prices to different groups of people, the firm would prefer to________the price charged to the elastic group and ________ the price charged to the inelastic group.
If the firm selling good z can charge different prices to different groups of people, the firm would prefer to lower the price charged to the elastic group and raise the price charged to the inelastic group.
What is Demand?
When the willingness of an individual to buy any product is increased it gives rise to demand. This willingness will shift with a change in the price or quality.
The elasticity of demand is the term used to describe how quickly consumer preferences can shift in response to a product's price level.
The company that discriminates on price charges the lowest price to customer groups with equally or more elastic demand. This is due to the fact that consumers with more elastic demand are significantly more flexible to price fluctuations, which forces businesses to impose lower pricing.
Learn more about elastic demand, here:
https://brainly.com/question/23301086
#SPJ1
the team's engagement score was 5.20 this month. the score has been improving at a rate of 8% per month. what was the score 3 months ago?
If the team's engagement score has been rising at a pace of 8% per month, it was 4.130 three months ago.
What is rate of change ?The momentum of a variable is represented by the rate of change, which is used to mathematically describe the percentage change in value over a specified period of time.
The simple percentage increase from one year to the next is the rate of growth.
Rate of change is a tool used in finance to comprehend price returns and spot trend momentum. Technically speaking, the Price Rate of Change indicator calculates the percentage difference in price between the current price and the price from a predetermined number of periods ago.
Assume the score 3 months ago was x. This means that the above can be expressed as:
Current score = x × ( 1 + rate) ^ number of months
5.20= x(1+8%)^3
5.20 = x(1.259)
x= 5.20/1.259
x= 4.130
therefore, the engagement score was 4.130
To know more about rate of change refer:
https://brainly.com/question/25184007
#SPJ4
what is the name of the document that does not notify the contractor to start construction? group of answer choices notice to proceed startup letter initiation notice letter of intent
The document that does not inform the contractor to begin construction is known as a startup letter.
Describe a startup.
Startup business owners typically have a concept for a product or service that is beneficial to the world. The foundation of the business is, in fact, the satisfaction of a need, want, or issue that millions of people around the world share in exchange for monetary compensation in the form of profit.
Startup companies, as compared to large, cumbersome corporations, are relatively lean in their operations and may immediately focus on rapid expansion. Because there is no "red tape" to cut through in order to move a project or an idea forward, startup owners can quickly assemble a team and start solving problems for their clients.
Learn more about startups with the help of the given link:
brainly.com/question/19755270
#SPJ4
In medieval europe, small goods such as farming tools, furniture, and shoes were made through the labor of?.
Smaller items like farming implements, furniture, and shoes were manufactured by individual artisans in medieval Europe.
Who was each of the artisans?The majority of items were handcrafted in the Middle Ages. Similar to what we have today, there were no machines or industries. Artisans manufactured all the clothing, tools, weapons, jewelry, artwork, furniture and other products that people required and desired. Masters were accomplished craftspeople who had their businesses.
They were skilled men who worked in independent workshops without the use of powered technology. They belonged to guilds and craft things with their hands and tools.
We also need to be aware that, unlike in America during the Colonial Era and its aftermath, slaves were not exploited as forced laborers in medieval Europe.
As a result, minor items like farming implements, furniture, and shoes were created by individual craftspeople.
Learn more about individual artisans: https://brainly.com/question/28325412
#SPJ4
Consider the foreign key constraint from the dept name attribute of instructor to the department relation. Give examples of inserts and deletes to these relations, which can cause a violation of the foreign key constraint.
Here, attribute dept name is primary key in the department table and foreign key in the instructor table.
Insertion constraint on the foreign key is that any value A which is not in the department table and we try to insert it in the instructor table, then it is a violation of the foreign key constraint.
Example:
INSERT INTO instructor VALUES(100000,'John', 'English' , 40000);
It will gives error as it is the insertion violation of foreign key ,since there is no dept name as English in the department table.
Deletion constraint is when we try to delete from the department table and same value is present in the instructor table.
DELETE FROM department WHERE dept name = 'Biology' ;
It will give error since dept name biology exists in the instructor table , so it cant be delete from the department table
learn more about foreign key constraint here :
https://brainly.com/question/28139689
#SPJ4
which of the following is characteristic of a business channel? multiple choice question. it tends to be shorter than consumer channels. it changes very frequently, with each new contract. it usually is a direct channel. it almost always features an agent.
The main characteristic of a business channel is that its tends to be shorter than consumer channel. The Option A is correct.
What do we mean by business channel?It is also known as a marketing channel, this channel consists of the people, organizations and activities necessary to transfer the ownership of goods from the point of production to the point of consumption.
A business channel is the way products get to the end-user, the consumer and is also known as a distribution channel. It is a useful tool for management and is crucial to creating an effective and well-planned marketing strategy.
Generally, producer can reach the consumer through a direct market, such as a website or sell to another company or retailer that will reach the consumer through another channel. A good example of this type of channel would be franchising.
Read more about business channel
brainly.com/question/29344052
#SPJ1
a deficit occurs when an economy moves into recession and tax revenues automatically decline.
The statement is True, as a deficit occurs when an economy moves into recession and tax revenues automatically decline.
The federal budget deficit for a given year is calculated as the difference between the federal government's outlays (also known as outlays) and its tax receipts (also known as revenue). An annual surplus rather than a deficit occurs when the government raises more money than it spends.
People's salaries decrease in a bad economy, which results in the government collecting less tax revenue and spending more on social safety net services like food assistance or unemployment insurance. One reason why deficits often increase (or surpluses decrease) during recessions is due to this. Conversely, deficits tend to decrease during times of great economic growth (or surpluses grow)
To know more about the deficit please click on the given link: https://brainly.com/question/28249460
#SPJ4
Suppose that electricity producers create a negative externality equal to $6 per unit. Further suppose that the government imposes a $8 per-unit tax on the producers. What is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?.
The after-tax equilibrium quantity is less than the socially optimal quantity.
After-tax income is the net quantum of income available to invest, save, or consume after civil, state, and withholding levies have been applied your disposable income.
To calculate after-duty income, the deductions are abated from gross income. The difference is the taxable income, on which income levies are due. After-duty income is the difference between gross income and the income duty due.A before-duty donation is a quantum subtracted from your ahead- duty payment. This is also appertained to as payment immolation. These benefactions count toward your concessional donation cap for the fiscal time. An after-duty donation is a quantum that Payroll deducts from your after-duty payment.
Learn more about After-tax here: https://brainly.com/question/25790997
#SPJ4
assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 6%. the yield to maturity (ytm) of the bond is 8.80%. using this information and ignoring the other costs involved, calculate the value of the treasury note:
the value of the treasury note will be $25 for the semiannual coupon which has a $1,000,000 par value.
What is a treasury note?These are marketable US Treasury securities with fixed interest rates and maturities of 2 to 10 years.Treasury Notes are available from the Government by competitive or non-competitive tender. In competitive bidding, investors indicate their desired yield at the risk of their bid not being approved. In case of uncompetitive bids, the investor accepts the auction-determined yield.Treasury bonds are fixed-rate US government debt instruments with maturities ranging from 2 to 10 years.Treasury bills are available through either competitive tenders, where investors specify a yield, or uncompetitive tenders, where investors accept a specified yield.Treasury bonds are the same as government bonds, but with a different maturity. T bonds have a lifespan of 20 to 30 years.to know more about treasury note refer to:
https://brainly.com/question/995002
#SPJ4
sustainable economic development is concerned with: the sustainability of capital investment over the long term making efficient investment choices that will pay off for a long time investments small enough to be sustainable over the long run. investments that will leave the natural resource base intact for future generations
Earth's natural resources are limited. Sustainable development revolves around the consuming needs of future generations. The goal of sustainable development is to secure a good living opportunity for present and future generations, that is, we should use natural resources sustainably.
Sustainable economic development is a national initiative that builds on the unique assets of local economies, addresses unique challenges, and delivers quantifiable real-world benefits.
It is a practical, actionable toolkit that develops tailored strategies for communities, businesses, and institutions. Sustainable development is a development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Sustainability is human, social, economic, and environmental. Some characteristics of a sustainable economy include achieving development goals to foster economic growth. Improve the natural environment by reducing pollution, and improve the domestic environment by creating employment opportunities.Learn more about Economic development here: https://brainly.com/question/25017714
#SPJ4
The purchase price of a car is p 25,000. Mr. Smith makes a down payment of p 5000 and borrows the balance from a bank at 6% interest for five years. Calculate the nearest value of the required monthly payments to pay-off the loan.
Monthly payments required $387.Amortization is the process of repaying a debt in equal amounts over time.
Calculate the nearest value of the required monthly payments to pay-off the loan ?Loan Amortization: A loan repayment strategy in which a series of equal monthly installments are paid over a defined number of periods to offset both the loan principle and accrued interest.The monthly payment is calculated as follows:Loan amount/annuity factor = monthly installment
25,000 - 5000 = 20,000 loan amount
(1 - (1+r)(-n))/r Annuity factor
r -monthly interest rate, n -number of months
r- 6%/12 = 0.5% = 0.005, n = 5 × 12 = 60 (there are 12 months in a year) (there are 12 months in a year)
(1- (1+0.005)(-60))/0.005
Annuity factor= 51.72556
Loan amount / annuity factor = monthly installment
= 20,000/51.7256
= 386.66
Monthly payments required = $387
To learn more about Loan Amortization refer
https://brainly.com/question/14618779
#SPJ4
if policymakers decrease aggregate demand, then in the short run the price level a. rises and unemployment falls. b. and unemployment rise. c. falls and unemployment rises. d. and unemployment fall.
If policymakers decrease aggregate demand, then in the short run the price level falls and unemployment rises.
What is Aggregate Demand?
The total quantity of demand for all finished products and services generated in an economy is measured as aggregate demand. The total amount of money spent on those goods and services at a particular price level and time is known as aggregate demand.
Since the two indicators are calculated in the same way, aggregate demand is equal to GDP over the long run. Aggregate demand is the desire or demand for those products, whereas GDP is the total amount of goods and services produced in an economy.
To know more about GDP refer:
https://brainly.com/question/15682765
#SPJ4
who is responsible for making the initial risk determination for a device being used in a study? the irb. the manufacturer of the device. the sponsor-investigator.
The sponsor-investigator is responsible for making the initial risk determination for a device being used in a study.
A sponsor-investigator is someone who initiates and conducts an investigation and is in charge of how the investigational drug is administered or dispensed. Any person other than an individual is not included in the definition. The requirements for a sponsor-investigator include both those for an investigator and those for a sponsor. In the IRB submission, the PI must state that he or she is aware of his or her regulatory responsibilities as both the investigator and the sponsor of an FDA-regulated investigation.
For more information on the sponsor-investigator visit:
https://brainly.com/question/28410054
#SPJ4
aiden carter, an administrator at an automobile company, has started to work overtime since the day he got promoted to the position of administrator. in addition to extra work hours, aiden also has to handle complaints on the human resource front. despite his honest work and transparent conduct, he is viewed as being unethical by many of his subordinates. in this scenario, aiden is likely:
Aiden is likely to experience the difficulties that come with being a leader.
Leaders frequently enjoy seven sources of satisfaction. A sense of power and prominence Being a leader immediately confers authority. Prestige is forthcoming because many people hold leaders in high regard. A chance to assist others in their growth and development.
When you're leading, you can't just dodge it and walk away, no matter what comes your way. When you lead, you frequently expect others to change. People are often deeply upset by the journey you are leading them on and take it out on you because change is threatening.
To learn more about Leaders
https://brainly.com/question/15868646
#SPJ4
is the process of projecting the values of one or more variables into the future. a. forecasting b. accounting c. manifesting d. abstracting
(A) Forecasting is the process of projecting the values of one or more variables into the future.
What is Forecasting?Projecting the values of one or more variables into the future is the process of forecasting.Many firms utilize forecasting as a tool for making decisions to aid in planning, budgeting, and anticipating future growth. Simply said, forecasting is the process of attempting to anticipate future outcomes using information from the past and management expertise.The process of forecasting entails creating predictions based on historical and current data. These can then be contrasted (resolved) with what actually occurs. For instance, a business might predict its revenue for the following year and then contrast that prediction with the actual outcomes.There are three fundamental categories: causal models, time series analysis and projection, and qualitative techniques.Therefore, (A) forecasting is the process of projecting the values of one or more variables into the future.
Know more about Forecasting here:
https://brainly.com/question/21445581
#SPJ4
describe five main characteristics of hire purchase
The five main characteristics of hire-purchase are following-
Payment of the installments are to be done by the buyer such that the hirer to the seller over the specified period of time.Buyer gets the possession of the goods immediately.The ownership of goods is transferred to the buyer only upon the payment of last installment.The hire purchase installment amount includes the principal amount as well as the interest charged upon it.Interest is generally charged on the flat rate.In hire purchase agreement there are two parties where one is the seller of the asset and one is the person who wants to buy such asset.
To know more about hire-purchase here,
https://brainly.com/question/21068292
#SPJ9
the process of identifying emerging issues and developing a response before they have a significant influence upon an organization is known as .
The process of identifying emerging issues and developing a response before they have a significant influence upon an organization is known as issues management.
The term "issue management" describes the process of locating and fixing problems. Product failures, software flaws, material shortages, supplier problems, and other challenges are all examples of problems. The process of recognising, monitoring, evaluating, and acting to fix current and avert future concerns is known as issue management.
For instance, a manager can set up an issue management system where staff members can log problems they encounter at work, such sluggish internet or a malfunctioning heating system. The manager will then have a record of any difficulties and be able to deal with them in a methodical manner as they arise.
To know more about issue management: https://brainly.com/question/13209544
https://brainly.com/question/19865161
#SPJ4
financing the war proved to be a significant strain on all governments. france, russia, and small allied nations borrowed heavily from
Financing the war proved to be a significant strain on all governments. France, Russia, and small allied nations borrowed heavily from:
1. Great Britain
2. The United States
3.4.2
4. Germany
5. Money
6. Inflation
The main Allied Powers were Britain, France, Russia, and the united states. The Allies fashioned normally as a defense in opposition to the attacks of the Axis Powers. The original members of the Allies blanketed tremendous Britain, France, and Poland.
Nowadays, America is one of Germany's closest allies and partners outdoor of the European Union. The people of the 2 countries see each different as reliable allies however disagree on some key coverage troubles.
In international warfare II, the chief Allied powers had been high-quality Britain, France (besides throughout the German profession, 1940–forty-four), the Soviet Union (after its access in June 1941), the USA (after its access on December eight, 1941), and China. Extra usually, the Allies covered all the wartime participants of the United .
Learn more about allied here https://brainly.com/question/235907
#SPJ4
there are many large ports on the east coast of the united states that allow for trade between europe and the united states. what aspect of these ports' natural capital allows for this trade?
Natural capital are natural assets in their function of providing natural aid inputs and environmental offerings for monetary production. Context:
Natural capital is normally regarded to include three important categories: natural aid stocks, land and ecosystems
What are the components of natural capital?Natural Capital can be described as the world's shares of natural assets which consist of geology, soil, air, water and all residing things. It is from this Natural Capital that humans derive a broad range of services, often referred to as ecosystem services, which make human life possible.
Why is herbal capital essential for business?Businesses would possibly use this natural capital data to assist them to examine vast risks and opportunities at either a product, venture or organizational level. Conducting these assessments allows companies to determine which areas of their business are in need of higher management or extended investment.
Learn more about natural capital here:
https://brainly.com/question/13254080#SPJ4Why don’t more companies create disruptive innovations? more than one answer may be correct.
Disruptive innovations are not initially profitable enough and because their development could divert limited resources from sustaining innovations.
Why do good companies often fail to address disruptive innovations?Market leaders' business environments prevent them from pursuing disruptive innovations when they first appear because they are not initially profitable enough and because their development could divert limited resources from sustaining innovationsDisruptive innovation frequently has lower margins since it is more accessible and straightforward.Such breakthroughs cannot be pursued by large firms given their business strategies.For the current business, they have a sizable and well-established cost structure, but the meager profit doesn't correspond. Adopting disruptive innovation is also hindered by a lack of strategy level orientation, inadequate resource allocation, and a focus on maintaining existing strengths.Cost, accessibility, time, and talent are some of these obstacles.Let's quickly go over each one and how more recent inventions have taken use of them to open up new doors.When a product or service is excessively expensive, "cost" is a typical barrier that reduces its market potential.To learn more about Disruptive innovations refer
https://brainly.com/question/15703392
#SPJ4
Because of the value people bring to an organization in terms of their knowledge, skills, and abilities, some managers use the term.
In an organization, knowledge capital refers to anything valuable that comes from employees' experience, skills, knowledge, and continuing education.
Briefing:-This capital has value that cannot be measured and is incalculable. Consequently, it gives a business a competitive edge over its rivals.
Which term describes the value that individuals bring to a company through their skills, knowledge, and abilities?The worth of a company's employees' business knowledge, expertise, and other secret information that could give it a competitive edge is known as intellectual capital.
Multiple-choice question: What procedure is intended to assist new hires in acclimating to their employment and the organization?A newly hired employee's integration into a company is referred to as onboarding in the human resources field. Onboarding, sometimes referred to as organizational socialization, is crucial in ensuring that employees comprehend the responsibilities of their new positions.
To Know more about organization,
https://brainly.com/question/12825206
#SPJ4
Which repayment option does not accrue interest while your required payments are paused?.
While enrolled at least half-time in school or during deferment periods, interest on subsidized loans does not accrue. Undergraduate and graduate students can apply for unsubsidized loans, which are not based on financial need.
Is interest still charged when a loan is paused?Your loan payments will stop, and until December 31, 2022, your interest rate will remain at 0%. Take the case where your grace period expired on April 15, 2022. Your payments would be stopped in this situation from April 15, 2022, until December.
When a loan is deferred, does interest continue to accrue?In certain situations, deferments let you put off repaying your loans. This is a crucial choice, especially because subsidized federal loans do not accrue interest during deferment periods. Unsubsidized loans do incur interest.
Which is preferable, direct subsidies or unsubsidies?Subsidized loans clearly outperform unsubsidized loans when comparing them. A subsidized loan can save you money throughout the course of the loan if you are eligible for one because the interest rates are lower. However, not everybody will be eligible for a subsidised loan.
Learn more about Subsidized loans: https://brainly.com/question/2256061
#SPJ4
Mr. D is the manager of a local walgreens. His biggest concern is to make sure that his store is always making the most profit possible. He cuts costs by focusing on certain logistical decisions. Every other day walgreens receives shipments from pepsi, evian, hershey, and numerous other manufacturers. Walgreens insists on small shipments every two days, which helps to keep their inventory costs low. What system is mr. D using at walgreens to reduce his costs?.
Mr.D is using just-in-time inventory at Walgreens to reduce his costs.
Simply-in-time, or JIT, is an inventory management approach wherein goods are obtained from providers most effectively as they're needed. The primary objective of this technique is to lessen inventory retaining charges and boom inventory turnover.
A just-in-time (JIT) inventory system is a control strategy that has an agency receive items as near as possible when they're certainly needed. So, if a car meeting plant needs to install airbags, it does not keep a stock of airbags on its cabinets but receives them as the one's motors come onto the meeting line.
Learn more about inventory here https://brainly.com/question/24868116
#SPJ4
you see an online ad from a private seller for a low mileage used car. it is priced at less than half what it would normally sell for. the car looks great in the pictures. what best explains the low price?
The vehicle is most likely in need of maintenance as well as repairs.
A money flow budget would be an effective management tool since it forces you to consider your agricultural plans for the upcoming year. checks your agricultural plans, including whether you will generate enough income to cover all of your monetary requirements predicts however much operational credit you would require and when loans could be returned
Examining account amounts, and debt, as well as a credit card, as well as credit card helps to balance, including net worth on a regular basis. An emergency saving is funds set aside to meet the financial consequences of an unanticipated disaster.
To know more about budget
https://brainly.com/question/15683430
#SPJ4
when the industry that is being regulated gains control over the agency that is supposed to regulate it, the process is called
When the industry that is being regulated gains control over the agency that is supposed to regulate it, the process is called Captured Agencies.
The law of employer is a place of industrial law coping with a hard and fast of contractual, quasi-contractual and non-contractual fiduciary relationships that involve a person, referred to as the agent, this is authorized to act on behalf of every other (referred to as the fundamental) to create criminal family members with a 3rd celebration.[1] Succinctly, it is able to be known as the identical relationship among a primary and an agent whereby the predominant, expressly or implicitly, authorizes the agent to paint beneath their manipulation and on their behalf. The agent is, as a consequence, required to negotiate on behalf of the fundamental or deliver them and 1/3 parties into contractual courting.
Learn more about Agencies here
https://brainly.com/question/26253714
#SPJ4
which of the following allows the consumer to enter a maximum price and the auction software automatically places incremental bids, up to that maximum price, as their original bid is surpassed? group of answer choices
The bid price allows the consumer to enter a maximum price and auction software automatically places incremental bids.
What is a bid price?A bid price is a price for which somebody is willing to buy something, whether it be a security, asset, commodity, service or contract.
The bid price is the highest price a buyer is willing to pay for a security or asset. A bid price is generally arrived at through a process of negotiation between the seller and a single buyer or multiple buyers.
The difference between the bid price and ask price is known as the market's spread and is a measure of liquidity in that security.
Learn more about bid price here:
https://brainly.com/question/14933557
#SPJ1
when auditing inventories, an auditor would least likely verify that group of answer choices all inventory owned by the client is on hand at the time of the count. the client has used proper inventory pricing. the financial statement presentation of inventories is appropriate. damaged goods and obsolete items have been properly accounted for.
When auditing inventories, an auditor would least likely verify all inventory owned by the client is on hand at the time of the count.
The role of the auditor or reviewer is to provide a professional and independent on those economic statements. The evaluate or audit of an affiliation's financial file can make certain extra duty to the contributors and offer an warranty that all funds acquired with the aid of the enterprise have been effectively accounted for.
An audit is an "independent exam of financial data of any entity, whether profit oriented or not, irrespective of its size or prison shape when such an exam is conducted in an effort to specific an opinion thereon
Learn more about auditor here:https://brainly.com/question/26048609
#SPJ4
How are cranberries processed to prepare them for shipping and purchasing by a consumer.
Massachusetts is the second-largest producer of cranberries in the US, with Wisconsin accounting for more than half of all cranberries farmed there.
Cranberries are cultivated, collected, and processed in what ways?So that the water level is higher than the bushes, farmers flood the cranberry fields to a height of 45 centimeters. Mechanical harvesters knock the berries off the vines; after they float to the surface, they are collected onto a truck and sent to a processing facility.
The berries are put into a burlap bag that is fastened by the machine. A sack is filled and then dumped onto a metal screen to separate the detritus from the fruit. The berries are then put into crates and taken to the processing facility, where berries that have been damaged or gone bad are separated out and thrown away.
They might be packaged in clamshell packaging or similar containers, or you could use plastic bags with holes in them to let out extra moisture. The products should then be put into bigger, more sturdy boxes so they can support the weight of palletization.
Learn more about Mechanical harvesters: https://brainly.com/question/994000
#SPJ4
if you were to make your selection by using the conventional payback period, what is/are some potential problem(s) with selections made using this method?
A capital project's predicted cash flows are worth more than the project's cost if it has a negative payback period.
What drawbacks are there to the payback strategy?Be aware that the repayment technique has two critical flaws. First, it doesn't take the time value of money into account. Second, it excludes cash inflows that occur after the payback period and only takes into account cash inflows up to the point at which the investment's cash outflows are recovered.
What drawbacks are there to evaluating cash flows using the discounted payback period?The main drawback of the discounted payback approach is that it ignores all cash flows that come into existence after the cutoff date, favoring short-term initiatives.
As a result, the technique may approve projects with significant future cash outlays that have negative NPVs or reject projects that really have positive NPVs.
Furthermore, choosing a cutoff point is another another exercise in arbitrary decision-making.
Learn more about payback period: https://brainly.com/question/13978071
#SPJ4
g we see robust evidence in the data of extensive trade among the industrial countries. this fact could be rationalized only if different (industrial) trading partners have a comparative advantage over the goods they are exporting.
We found that high Internet penetration in developing countries correlated with increased exports to developed countries, but not with trade between or from developed countries.
Globalization brings direct benefits such as faster growth higher living standards, and new economic opportunities. On the other hand, not all countries benefit equally from the globalization phenomenon. Industrialization affects the mix of commodities a country can produce and affects the commodities it can trade.
International trade allows countries to expand their markets and gain access to goods and services not available domestically. International trade has made the market more competitive. This ultimately leads to more competitive pricing and consumers get cheaper products.
Learn more about The industrial countries here:- https://brainly.com/question/1096676
#SPJ4
