Answer:
Foreign investors who wish to make direct investments in the United States economy
Explanation:
A demander of US currency is an individual or person who would need the dollars to carry out transactions
An investor that would want to carry out a FDI would need US dollars to carry out her transaction because the investment would need to be conducted in dollars
Foreign direct investment (FDI) can be described as when a firm or an individual in one country makes an investment in a business interest in another country.
Foreign direct investment usually takes two form :
the investor sets up a business in the foreign country
the investor acquires foreign assets in the foreign country.
An example is when a US firm establishes a new business in another country.
You are assisting a manager from your company's headquarters in New York. The manager needs to interact online in real time with one of your company's affiliate overseas. The manager wants to make sure that her communications with the overseas affiliate won't be intercepted. What should you suggest to the manager
Answer:
A virtual private network connection
Explanation:
In order to stop the interception that could be normally happened within a weak or the communciation line that should be non-secure
Also the main objective of the virtual private network is to protect and it could be protected via interception
So we can suggest the manager that there should be the virtual private network connection
Hence, the same should be relevant
A company that uses the accrual method of accounting started the fiscal year with assets of $600,000 and liabilities of $400,000. During the fiscal year the company recorded credit sales of $250,000, of which $8,000 remained to be collected at year end, and incurred expenses of $90,000, of which $72,000 was paid in cash. A stock dividend valued at $10,000 was declared and issued to stockholders during the year. What is the year-end balance of total equity
Answer:
$360,000
Explanation:
Calculation to determine What is the year-end balance of total equity
First step
Beginning equity = Total assets - Total liabilities.
Beginning equity= $600,000 - 400,000
Beginning equity= $200,000
Second step
Net income = Revenues - Expenses
Net income= $250,000 - $90,000
Net income= $160,000
Last step
Ending balance of Equity = Beginning equity + Net income
Ending balance of Equity = $200,000 + $160,000
Ending balance of Equity = $360,000
Therefore the year-end balance of total equity is $360,000
Jay Bird is a partner in Soundview Partnership. The adjusted basis of his interest is $19,000, of which $15,000 represents his share of partnership liabilities. Jay's share of the partnership's unrealized receivables is $6,000. The partnership has no substantially appreciated inventory items. Jay sold his partnership interest for $28,000 cash plus $15,000 of his liability relief. What is the amount and character of his gain
Answer:
Ordinary income of $6,000; Capital gain of $18,000
Explanation:
Calculation to determine the amount and character of his gain
First step is to calculate the The total gain on the sale of his partnership
Using this formula
Total gain on the sale of his partnership = ( Cash + Relief of his share of liabilities -Basis )
Let plug in the formula
Total gain on the sale of his partnership=$28,000+$15,000+$19,000
Total gain on the sale of his partnership=$24,000
Now let determine the amount and character of his gain
The UNREALIZED RECEIVABLES amount of $6,000 will be the ORDINARY INCOME while the remaining amount of $18,000 Calculated as ($24,000-$6,000) will be the CAPITAL GAIN.
Therefore the amount and character of his gain will be: Ordinary income of $6,000; Capital gain of $18,000
A student buys a cell phone for $200 and is offered protection insurance for the phone.
What should the student consider in order to determine whether or not to buy the
insurance?
What texting capabilities does the phone have?
O is the phone a need or a want?
What is the risk of losing or damaging the phone?
Is there a fee for cancelling the phone contract?
Helppppp
Answer: What is the risk of losing or damaging the phone?
Explanation:
Insurance is a form of protection from a financial loss. After purchasing the phone for $200, if the student is offered protection insurance for the phone, the main thing to consider is the risk of losing or damaging the phone.
The value of buying insurance for a cell phone is simply for the person to be able to replace the cell phone in case of a scenario whereby the phone is lost or stolen.
MC Qu. 01 Darius is considering buying new bedroom... Darius is considering buying new bedroom furniture. Naturally, he compares several types of beds, dressers, and bedside tables, but he also is evaluating each product's reputation, warranty, his own experience with the brand and, of course, the price. All of the components that Darius is evaluating make up Multiple Choice the total product offering. his product mix. his brand awareness. the core product evaluation.
Answer:
the total product offering.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, furniture, computer, soft drinks, motorcycles, shoes, clothes, etc.
A total product offering can be defined as all of the features and attributes of a product that a consumer evaluates when he or she is deciding whether or not to buy a particular product. Some of the important elements of a total product offering are price, convenience, guarantee, warranty, producer's reputation, buyers' past experience, speed of delivery, brand name, package, etc.
In this scenario, Darius wants to buy a new bedroom furniture. Naturally, he compares the various attributes of a product which include types, warranty, reputation, price, product experience, etc.
Hence, all of the components that Darius is evaluating make up the total product offering.
Zhang Industries sells a product for $700 per unit. Unit sales for May were 700 and each month's unit sales are expected to grow by 3%. Zhang pays a sales manager a monthly salary of $4,500 and a commission of 2% of sales. Compute the budgeted selling expense for the manager for the month ended June 30.
Answer: $14594
Explanation:
The budgeted selling expense for the manager for the month ended June 30 will be calculated thus:
The unit sales for June will be:
= [700 × (1 + 3%)]
= 700 × (1 + 0.03)
= 700 × 1.03
= 721 units
Commission will be:
= 2% × (721 × 700)
= $10,094
Therefore, the selling expenses to be reported will be:
= $10,094 + $4500
= $14594
Assume that corn and soybeans are alternatives that could be grown by most farmers. An increase in the price of corn will Group of answer choices increase the supply of corn. increase the supply of soybeans. decrease the supply of soybeans. decrease the supply of corn. have no effect on the supplies of corn and soybeans.
An increase in the price of corn will lead to an increase the supply of corn.
According to the law of supply, when there's an increase in price of a particular good, the quantity of that good that is supplied by the producer will increase.
In this case, since there's an increase in the price of corn, the farmers will prefer to supply more of corn in order to maximize profit.
Therefore, the correct option will be that there will be an increase the supply of corn.
Read related link on:
https://brainly.com/question/1222851
Joe owns a stock with a beta of 1.5 and a standard deviation of 12%. The stock returned 16%. Ella owns a stock with a beta of 1.34 and a standard deviation of 16.4%. The stock has a total return of 14.8%. The risk free rate is 2.5%. Using the Sharpe ratio, which portfolio performed better
Answer: Joe's portfolio performed better.
Explanation:
The Sharpe ratio provides a risk adjusted return to allow for easier comparison across securities with different risks.
Sharpe ratio = (Return - Risk free rate) / Standard deviation
Joe:
= (16% - 2.5%) /12%
= 1.125
Ella:
= (14.8% - 2.5%) / 16.4%
= 0.75
Joe's portfolio performed better.
During the current fiscal year, the Gateway City government recorded a $15,000 transfer from the General Fund to an internal service fund, a $25,000 transfer from the General Fund to an enterprise fund, a $10,000 transfer from an enterprise fund to an internal service fund, and a $5,000 transfer from an enterprise fund to the General Fund. In the Business-type Activities column of the government-wide financial statements, Gateway City should report: Multiple Choice
Answer:
$10,000
Explanation:
Calculation to determine what Gateway City should report in the government-wide financial statements
Using this formula
Net Transfer=+Transfer from the General Fund to an enterprise fund-Transfer from an enterprise fund to an internal service fund-Transfer from an enterprise fund to the General Fund
Let plug in the formula
Net Transfer =+$25,000-$10,000-$5,000
Net Transfer=$10,000
Therefore In the Business-type Activities column of the government-wide financial statements, Gateway City should report:Net Transfer in of $10,000
If you will be given enough capital or resources, what processed food would you like to manufacture? What techniques you will apply to ensure the safety of the general public?
Answer:
CAKE products
Explanation:
Food processing can simply be defined as “a variety of operations carried out on raw materials or raw foodstuffs/ingredients in order to make it edible for cooking, consumption and storage."
If given enough capital, the processed food that I will love to manufacture is cake. This is due to my interest in food processing, especially when dealing with cake. I have undergone several pieces of training on how to bake a cake of different flavours and have been taught its method of preservation. Hence to ensure the safety of the general populace, I will ensure the cake is properly preserved and kept away from anything that may cause food contamination. I will also ensure its handling is minimal to some extent to avoid cross-contamination that may cause food hazards.
An industry can be defined as a group of: a. companies offering products or services that are close substitutes for each other. b. brands that offer different products but are owned by a single firm. c. different kinds of companies that are based in the same geographic location. d. companies that are different but generate similar amounts of revenues. e. manufacturing plants of a single company.
Answer:
A
Explanation:
An industry is a group of companies that provide good and services that are closely related. An example of an industry is the beauty industry. Companies that would be included in this industry would include companies that produce lipstick, powder, foundation, cream, exfoliators etc
Classification of industries
1. primary industry : they are involved in the getting of raw materials e.g. the fishing industry
2. secondary industry : they make use of raw materials to manufacture products e.g. automobile industry
3. tertiary industry : they provide services e.g education industry
Angela is nearly nine months pregnant. She has worked for her current employer on a full time basis for the last 8 months, and her company has 60 employees. She would like to take the next nine weeks off from work. Evaluating only under the Family Medical Leave Act, what problems do you see with her expectations
Answer:
Angela has not worked for her employer long enough to demand leave.
Explanation:
Since angela is approx nine month pregnant and she worked on a full time basis for the last eight month also she wants to take the off for the nine weeks so as per the family medical leave act, the problem that could be seen is that she is not worked for her also the employer is sufficient for demanding the leave
Therefore the above statement should be correct
Match each concept in Column A with an example in Column B. Column A Column B a. Substitute goods 1. Price and quantity along the supply curve b. A nonprice determinant of demand 2. Tea and coffee c. A nonprice determinant of supply 3. A change in technology d. Mark-up pricing 4. Hunger e. Positive relationship 5. Shoes and shoelaces f. Negative relationship 6. Consumer income g. Inadequacy 7. Price and quantity along the demand curve 24 h. Complementary goods 8. Setting price equal to cost plus 20 percent
Answer:
a. Substitute goods - Tea and coffee
b. A nonprice determinant of demand - Consumer income
C. A nonprice determinant of supply - A change in technology
D. Mark-up pricing - Setting price equal to cost plus 20 percent
E. Positive relationship - Price and quantity along the supply curve
F. Negative relationship - Price and quantity along the demand curve
G. Inadequacy - Hunger
H Complementary goods - Shoes and shoelaces
Explanation:
Substitute goods are goods that can be used in place of another good.
if the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.
Complementary goods are goods that are consumed together
The demand curve is a curve that shows the relationship between price and quantity demanded. The demand curve is negatively sloped because the higher the price, the lower the quantity demanded. This is in line with the law of demand.
Only a change in the price of a good leads to a movement along the demand curve of that good. Also, only a change in the price of the good would lead to an increase or decrease in the quantity demanded of that good.
Other factors other than the change in the price of the good would lead to a shift of the demand curve. Some of those factors include :
1. a change in consumers' expectation
2. a change in the taste of consumers
3. a change in income
There is a positive relationship between price and the quantity supplied. This accounts for why the supply curve is positively sloped.
A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.
Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :
1. A change in the price of input
2. A change in the number of suppliers
3. Government regulations
4. Technological changes
A major financial institution hired a renowned security firm to attempt to compromise its computer network. A few days later, the security firm reported that it had successfully entered the financial institution's computer system without being detected. The security firm presented an analysis of the vulnerabilities that had been found to the financial institution. This is an example of a
Answer:
detective control.
Explanation:
Cyber security can be defined as preventive practice of protecting computers, software programs, electronic devices, networks, servers and data from potential theft, attack, damage, or unauthorized access by using a body of technology, frameworks, processes and network engineers.
IDS is an acronym for intrusion detection system and it can be defined as a security system which is typically used to monitor network traffic and it notifies the engineer when there's a malicious activity.
Generally, the detection methods used by the Intrusion Detection Systems (IDS) are;
1. Statistical anomaly-based detection.
2. Stateful protocol analysis detection.
3. Signature-based detection.
Hence, the operations in this scenario is an example of a detective control which avails a business firm information about vulnerabilities that exist in its network system.
b) State the minimum monthly income and hourly wage per worker needed to cover monthly expenses for the family you used in part a. Then, explain how to calculate the hourly wage based on the monthly income and state the hourly wage. Assume that each full-time worker works four 40-hour work weeks per month, and each part-time worker works two 40-hour weeks per month.
Answer:
Minimum monthly income for a full-time employee[tex]= \$ 7,846.40[/tex]
Minimum monthly income for a part-time employee[tex]= \$ 7,846.40[/tex]
Per hour for a full-time employee[tex]=\$49.04[/tex]
per hour for a part-time employee[tex]=\$98.08[/tex]
Explanation:
To accurately answer this question, let's review the facts provided.
A family of two adults and three children in the Modesto metro region pays [tex]\$ 7,846[/tex] a month.A full-time worker is someone who works 40 hours per week for 4 weeks each month.A part-time worker is someone who works 40 hours a week for 2 weeks a month.Consider calculating the worker's minimum monthly income as well as his or her average hourly compensation.
Hourly wage of a full-time worker:
[tex]= \frac{Monthly\ costs}{160}=\frac{7,846}{160}=\$ 49.04[/tex]
Minimum monthly income for a full-time worker: [tex]= Hourly\ wage \times 160=\$ 7,846.40[/tex]
Hourly pay for a part-time worker:
[tex]=\frac{Monthly\ costs}{80}=\frac{7,846}{80}=\$98.08[/tex]
Minimum monthly income for a part-time worker:[tex]= Hourly \ wage \times 80=\$ 7,846.40[/tex]
L.L. Bean, the founder of the company that bears his name, left a company legacy that consists of three fundamental core values: test a product to make sure it delivers what is promised, advertise honestly, and keep customers satisfied at all costs. These three core values serve to guide the __________.
Answer:somethings
Explanation:
The answer to this question
CPI in 1960 = 29.6
CPI in 1970 = 38.8
Dozen Tangerines in 1960 = 0.31
Dozen tangerines in 1970 = 0.39
Option B
Answered by Gauthmath must click thanks and mark brainliest
Ricardo paid an annual premium of $1,200 in total liability coverage for his car, including up to $200,000 in bodily injury coverage and $100,000 in property damage coverage. Ten years into his policy, Ricardo caused an accident that resulted in the other driver claiming $40,000 in medical costs and $20,000 in car damage. Did the cost of the annual premiums outweigh the benefit of transferring the risk to the insurance company
Answer:
No, the cost of the annual premium for 10 years was less than the accident claims
Explanation:
Since in the question it is mentioned that the annual premium is $1,200, $200,000 is the bodily injury coverage and $100,000 should be the property damage coverage
Also the $40,000 and $20,000 represent the medical cost and the car damage
So here the cost should not outweight the benefit of the transferring the risk as the annual premium cost for ten years should be lower than the accident claims
Answer:no it is less then
Explanation:
:3
If Texia specializes in food, it can produce 1,000 units of food and 0 units of clothing this year. If it specializes in clothing, it can produce 500 units of clothing and 0 units of food. This year Urbania can produce either 500 units of food and 0 units of clothing or 200 units of clothing and 0 units of food. (assume linear production possibility frontiers) _______has the absolute advantage in the production of clothing and ________has the absolute advantage in the production of food. Texia; Texia Texia; Urbania Urbania; Texia Urbania; Urbania
Answer:
Texia; Texia
Explanation:
A country has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries
Texia can produce 1000 units of food while Urbania can produce 500 units of food . Texia produces more food
Texia can produce 500 units of clothing while Urbania can produce 200 units of clothing. Texia produces more clothing
Texia has an absolute advantage in both activities
(Choose the most appropriate answer from the choices below) In an assembly line balancing problem, work station cycle time.
I. will decrease as the required production per day increases, other things remaining the same.
II. will increase as the required production per day increases, other things remaining the same.
III. will decrease as the production time per day increases, other things remaining the same.
IV. will increase as the production time per day increases, other things remaining the same.
A. IV
B. II
C. I
D. III
E. I. and IV
Answer:I need points
Explanation:
Hola
The market for fertilizer is perfectly competitive. Firms in the market are producing output but are currently making economic losses. Which of the following statements is true about the price of fertilizer? Check all that apply. The price of fertilizer must be greater than average total cost. The price of fertilizer must be greater than average variable cost. The price of fertilizer must be greater than marginal cost.
Answer:
The price of fertilizer must be greater than average variable cost.
Explanation:
Being a perfectly competitive market the prices of the fertilizers will rise. As the forms are making economic losses the prices must be greater the average variable costs.The management at Kohler Inc., a manufacturer of sinks, tubs, and other plumbing products, thinks that there will soon be a major growth in home remodeling due to rising interest rates. The management decides to use ____ in several key cities to provide support services for its sales force in those areas, carry inventory, and offer credit and other services to its retail plumbing customers.
Answer:
sales branches.
Explanation:
A sales branch can be defined as a wholesaler owned by a manufacturer and takes product title, assumes the risk associated with the ownership of this product, resells the product, as well as providing services to the end users or consumers. Thus, it's a form of business management set up by manufacturers in order to improve on their inventory control, sales, as well as the promotion of goods and services.
In this scenario, the management at Kohler Inc. is using sales branches in several key cities because it provide support services for its sales force in those geographical areas, carry inventory, as well as offering credit and other services to its retail plumbing customers.
10. Publishing representatives who call on college professors to inform them of their company's new publications have a great deal of freedom in their jobs. They have only a general sales pitch, which they tailor as needed. Based on this information, we can say that the job of these publishing representatives ________.
Answer:
Scores low on degree of formalization
Explanation:
Degree of formalization of a process is the level to which the process is free of the personal input of the individual executing the process.
It implies that in high degree of formalization process execution is set and the same steps are followed by all participants.
In the given instance Publishing representatives have a great deal of freedom in their jobs.
They tailor their sales pitch as they see fit.
This shows a low degree of formalization in the sales process
When there are economies of scale, (1pts) Question 12 - When there are economies of scale, Select d) output does not affect per-unit costs as your answer d) output does not affect per-unit costs Select a) per-unit costs increase as output increases as your answer a) per-unit costs increase as output increases Select b) per-unit costs decrease as output increases as your answer b) per-unit costs decrease as output increases Select c) per-unit costs are constant as output increases as your answer c) per-unit costs are constant as output increases
Answer:
per-unit costs decrease as output increases
Explanation:
In simple words, Economies of scale can be understood s the cost benefits that businesses receive as a result of their size of operation. As the expense per unit of production decreases because scale increases. Because expenses are dispersed among a greater quantity of items this occurs.
Thus, from the above we can conclude that the correct option is B.
1. Frank is a 60- year-old man who is well-loved in his community since he was a boy. He is someone who is outgoing, a party lover, and love to have fun hanging out with peers. Frank is confident about life. From an early age he knew exactly what he wanted to become, and now as a man, he is confident about his career and family and want to leave them a good life when he departs this life. Frank express that he is not afraid of dying but he wants them to be ok when he is gone.
At work Frank is helpful to his colleagues, and even in his community he is well-known among the elderly since he is always putting on Christmas treats for them.
Imagine that Frank is your colleague, and that your boss asks you to write a character reference for Frank. Using Jung’s personality theory to guide your writing, present a minimum one- page character reference in which you spell out Franks behaviour, his outlook on life, his philosophy about people and all the other important things you know about him. Ensure you point out how these different parts of Franks life fits into Jung’s theory and overall what Jung’s theoretical concept says about him
The answer is "Extroversion as a character trait Has a significant effect on attitudes".
Life's outlook:
The people with just an extroversion type of personality are renowned for their sociability, talkativeness, assertiveness, and hyperactivity. Frank is also an outgoing, party-loving individual who enjoys spending time with friends. Frank is enthusiastic about his future, and in terms of his profession or family , and he feels confident.People's philosophy:
Like Frank, individuals with high levels of assertiveness wish to obtain out social stimulation and opportunities to socialize. Individuals with any of these characteristics are typically described as having a high level of vitality, energy, and a positive attitude.When in a group setting, extraversion is likely to comment and assert themselves. Frank is also one of those guys who enjoys producing enthusiasm and ideas for others and the public events with and working in teams. Showing others how to solve a problem, collaborative work, and problem-based learning are types of educational processes that are beneficial to this group of individuals. Additionally, He enjoys instructing others, engaging inside a group, and learning by just doing.Characteristics of Franks:
Social connection is all he needs to get a boost in energy levels. Extroverted and in need of social stimulation.Speaking and discussing ideas with everyone was a source of motivation for him in the past, as well as excitement.Activision and attention seeker, he loves being the focus of attention.When he is around, some are made to feel confident and satisfied by him.Has the ability to lead, engage, and voice an opinion at a certain time without hesitation.His leadership style is mirrored in his actions. He is much more prone to assert himself in groups, thus it makes perfect sense why he typically takes on leadership duties when dealing with others. Sometimes, he jumps headfirst, with no help.There are two dimensions to extroverted learners, as per Psychological personality traits:
It is a desire of these students that help people by producing thoughts & enthusiasm. They enjoy socializing with one another and working in teams.Teaching someone else how to solve problems, collaborative work, and problem-based education are all educational activities that assist these aspects of learning.A feeling-based learning style is used by extroverts whenever they handle knowledge based on the immediate emotional reactions that the knowledge produces. A personal bond, a feeling of well-being, and communal harmony are important to them and these people make emotional decisions, and we do not like to deal with conflict.Conclusion:
The extrovert person's personality is defined by Jung as being among the most cheerful.
Learn more:
brainly.com/question/24264999
On January 1, 2016, Weaver Company purchased as held-to-maturity debt securities $500,000 face value of Park Corporation's 8% bonds for $456,200. The bonds were purchased to yield 10% interest and pay interest annually. The bonds mature on January 1, 2021. Weaver uses the effective interest method of amortization. What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities
Answer:
$461,820
Explanation:
Calculation to determine What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities
First step
Amortization of discount= Purchased value of bond × interest rate of return - face value of bond × interest rate
Amortization of discount= $456,200 × 10% - $500,000 × 8%
Amortization of discount= $45,620 - $40,000
Amortization of discount= $5,620
Now the amount reported is
investment in held-to-maturity debt securities= Purchased value + discount amortization
investment in held-to-maturity debt securities= $456,200 + $5,620
investment in held-to-maturity debt securities= $461,820
Therefore What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities is $461,820
All else equal, long-term bonds have less price risk than short-term bonds. b. All else equal, low-coupon bonds have less price risk than high-coupon bonds. c. All else equal, long-term bonds have less reinvestment risk than short-term bonds. d. All else equal, short-term bonds have less reinvestment risk than long-term bonds. e. All else equal, high-coupon bonds have less reinvestment risk than low-coupon bonds.
Answer:
c. All else equal, long-term bonds have less reinvestment risk than short-term bonds.
Explanation:
Bond is a financial obligation that runs for at least five and much longer time peroid. They can be fixed, floating and exchangeable bonds.Lets say you were a teacher. If parent approaches you to encourage you to give information about another child, what should you do.
first of all I will ask the parents what's the matter, if they explain me then also I will not going to give the child's information, I will contact to the principal about this matter and school management will look out at this matter.
Suppose the price elasticity of supply for dog biscuits is 0.8 in the short run and 1.4 in the long run. If an increase in the demand for dog biscuits causes the price of dog biscuits to increase by $15, then the quantity supplied of dog biscuits will increase by about
Answer:
12% short run, 21% long run
Explanation:
In the short run, the price elasticity for biscuits is 0.8
0.8×15
= 12%
In the long, run the price elasticity for biscuits is
= 1.4×15
= 21%
Hence the quantity of supplied dog biscuits will increase by 12% in the short run and 21% in the long run
An agreement between countries to encourage free trade and promote thegroup's collective economic interests is an__
O A. comparative advantage
OB. trade bloc
O C. absolute advantage
D. trade barrier
Answer:
OB. trade bloc.
Explanation:
A trade bloc is when a group of countries come together and form or create an agreement that reduced or even eliminates any restrictions on trade between themselves. This type of intergovernmental agreement allows the participating countries to have cordial economic relationships with each other.
Through this type of agreement, the regional barriers to international trade are open or given fewer restrictions to allow or encourage free trade between themselves. Moreover, it also allows them to trade among themselves and prevent the non-members from participating in any economic trade with the member nations.
Thus, the correct answer is option B.
