Question
6. Which of the following best characterizes generic, largely unprocessed, goods that can be processed and resold. They are often traded in the financial markets
6. Which of the following best characterizes generic, largely unprocessed, goods that can be processed and resold. They are often traded in the financial markets for immediate or future delivery. They are generally traded in very large quantities. Examples are grains, metals, and minerals.
Commodities | ||
Stocks | ||
Bonds | ||
Books | ||
Television airtime |
10. Which of the following is a natural obstacle to trade?
Protective tariff | ||
Import quota | ||
The cost of transporting goods | ||
All of the listed choices are natural obstacles to trade. |
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
